In all of this I found a wealth creating principle that most successful people would agree was fundamental in their creation of wealth.
Most would even say that it is not enough to just save, but would go as far as to encourage a savings of 10% of all you earn.
Harv Ecker, author of Millionaire Mind, and founder of Peak Potential.
and author of Money, It's Not Just for Rich People.
He related a story about his life that inspired me to save money.
They drove the few hours to see him and after looking over their finances he came up with a plan for them.
Oscar wasn't convinced that this was the best way to get out of debt quickly.
Oscar agreed and left his office.
Oscar wanted to use the money instead to pay off debts.
For two years they tried to get out of debt without putting money into savings.
This humbled Oscar and he again called the financial planner and asked for a second chance.
Even though most financially successful people would agree on the importance of saving money in creating wealth, not one of them can explain why.
Like in the days before Newton when the Law of Gravity had not been explained it was not any less important to be careful not to fall from a high place, it is not any less important to live the principle of savings.
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