Closing - Keep Learning and Keep Earning

Lesson #6.1 Investing Isn’t Just For Rich People (0:30 mins)

Think investing is just for rich people, well think again

Meet Theodore Johnson.

He worked for UPS and never made more than $14,000 a year and yet, in his old age, was worth more than $70 million. Even though he didn’t make a lot of money, he took 20 percent of his money and put it straight into an investment account. Years later, that compounded to make him $70 million.1

He did it by consistently saving 20% of his salary every year and allowing it to compound by investing.

How much you make matters. but not as much as how much of it you actually keep.

This is what folks mean by paying yourself first.

1 Source: Retiree Donates Fortune to Education – The New York Times (