1

The $5 a Day Rule.

Can you save $5 a day? Sure you can!

Most people will then say… $5 a day isn’t much. What’s the point?

$5 a day doesn’t seem like much but here’s the powerful thing… $5 A Day turns into $150 per month! If we had asked you, Can you save $150/month, you’d have said Oh that sounds like a lot… I don’t think I can do that.

To save more money, you don’t need to make more, or spend less- you need to start the habit of saving.

Once you start the habit, it becomes exciting to save $5/day - then $7 a day- then more and more each month. Start today!

2

Always Follow This Money Rule:

Warren Buffett is a pretty smart guy when it comes to money, and he only has two rules when it comes to money. Rule #1 is: Never Lose Your Money. Rule #2 is: Always Follow Rule #1.

Most of us are conditioned to think “No Risk, No Reward” when it comes to our money, right?

But there’s no other area in life where we apply that idea. Do you look for a job - a relationship - a home that way? Never!

Some people are more comfortable with risk, and love the rush of big potential gains. Other people prefer the “slow and steady wins the race” approach, and never want to lose the money they’ve worked so hard for. And then these types  find and marry each other! 🥰

Both these approaches are valid, but many of us have never heard that there are alternatives to risk.

The top 3 ways that wealthy people use to follow Rule #1? They stash money in tax-free permanent life insurance; in bonds; and in indexed accounts (which are not stock-market-based indexed funds).

Stop losing money and diversify the types of assets you have- you have more choices than you think!

3

Build Tax-Free Assets.

You might think yawn… taxes are boring. But you know what’s exciting? Keeping more of your money in your pocket!

And when you don't owe any taxes… it’s like you’re giving yourself a raise, right off the top!

Here’s the power of tax-free growth, in two short stories:

Bob wanted to save money for the future. Bob started a 401(k). When Bob retired, he started withdrawing money from his 401(k). But, Bob had to pay income taxes on every dollar. Poor Bob!

Jan wanted to save money for the future, but she didn’t want to worry about taxes when she was older. She saved money in tax-free spaces.

When Jan retired, she didn’t have quite as much money in her account as Bob did. Bob felt sorry for Jan… until Jan revealed that she wasn’t paying taxes on any of her income.

Jan ends up having more money to spend than Bob. Yay Jan!

Save in tax-free vehicles to give yourself an automatic “raise”!