A framework that splits every dollar three ways: 10% to God, 10% to yourself through savings or investing, and 80% for everything else. The speaker argues that consistently saving 10% makes wealth accumulation inevitable over time.
So I talk a lot about this 10-10-80 rule, and this is just something that I've kind of thought through. And, you know, the first 10% of every dollar you make, you give to God. That's what the Bible tells us to do. It's tithing. I think that's what you should do. The second 10% on that 10-10-80 rule is pay yourself. The other 80%, live with how you need to, do with as you please. Make your mortgage payment, make your car payment, go on a vacation, help your kids. But that second 10% to where you're setting 10% of every dollar you make for the rest of your life aside for your long-term wealth plan, there's no way you can't save a significant amount of money.
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