There is a lot of advice the self made wealthy people in America could give you. Business Insider set out to find out what the common person could do to increase their chances of building wealth. The top answer they found came from The Automatic Millionaire, David Bach, whose rule is to pay yourself first. That is not to say that you write yourself out a paycheck, but rather you pay yourself daily based on your hourly wage. If you make $10 dollars an hour, everyday pay yourself ten dollars to be directly deposited into your savings account. If you do that, you should have 3650 dollars at the end of the first year.
Sharing his financial wisdom, David recommended a ‘pay-yourself-first plan’, which involves saving an hour of your daily income every…
