Based on More Money Than Bills—Part Two© Preliminary Step #3 The Fifty-cent Strategy

When I was about 18 years old and still attending high school, my father came to me with a newspaper in his hand; and, he told me that he wanted me to read an article that he had found in either Ann Landers or Dear Abby.

In the article, a grown man is talking about a time that his own father approached him when he was 4 or 5 years old.

Father: “I am going to give you an allowance of 50 cents a week. Out of that 50 cents, you have to save ½. But, you can spend the other

½ anyway that you like. If you can show me that you saved $10.00, then, I will increase your allowance by 50 cents a week. Out of that new amount, you have to save ½. But, you can spend the other ½ anyway that you like. If you can show me…”

At the age of nine years old, the youngster and his father went to the bank. And, at he age of nine years old, the son had saved $9,000 in the bank.

Based on From More Money Than Bills—Part Two© Primary Step #5 The Key To Your Perpetual Money Machine

Priority Note: In the book The Richest Man In Babylon by George S. Clason, the gold lender is talking to a tablet maker. The gold lender says: “I found the road to wealth when I decided that a part of all I earned was mine to keep; and, so will you. It should be not less than a tenth no matter how little that you earn. It can be as much more as you can afford.

PAY YOURSELF FIRST.”

Let’s suppose that you save $2,000 in 2021, $2,000 in 2022, and $2,000 in 2023.

A year has passed. And now it’s your birthday. And now, it’s time to apply The Birthday Strategy.

So, if you want to keep money that you have saved in your savings and still have some Spending Money left over, then you will benefit from making use of The Birthday Strategy.

$2,000 Saved in 2021

$1,000 Seed Money to be added to in the coming year $1,000 Spending Money

$2,000 Saved in 2022

$1,000 Seed Money to be added to in the coming year

$2,000 Saved in 2022

$3,000 Total savings in your savings account

On your birthday, apply The Birthday Strategy. This is what you get:

$1,500 Seed Money $1,500 Spending Money

$2,000 Saved in 2023

$1,500 Seed Money to be added to in the coming year

$2,000 Saved in 2023

$3,500 Total savings in your savings account

On your birthday, apply The Birthday Strategy. This is what you get:

$1,750 Seed Money $1,750 Spending Money

Priority Note: Your Perpetual Money Machine will not stop...unless you stop it!!!

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