Pay yourself First

The follow on to living below your means is a recommended book.

The book, by David Chilton, is called "The Wealthy Barber" and it's basically a recipe for success, a guideline to "get rich slowly" by living below your means and "paying yourself first".

The book offers an exceptional introduction to personal finance, covering the simple ten percent rule, through life insurance, wills and tax planning. What we always liked here at the club was the way the book was presented as a fictional story about a barber (surprise, surprise) in the Canadian town of Sarnia. The format makes for an entertaining read and you'll learn a lot about personal financing along the way.

Here's a Wikipedia link :

http://en.wikipedia.org/wiki/The_Wealthy_Barber


Oh, and please don't buy the book, go and join your local library and borrow it.