Ndubuisi Egwim explains AMASS, a savings system that automates 20-25% of your income into a dedicated account. Set up a standing order and forget it. He recommends building an emergency fund of 3-6 months of living expenses in a tax-free cash account.
If you've been struggling to save some of you before the master class you sent a message to me said part of my difficulty is saving money. I know I should be saving money but I don't have the discipline. You don't need the discipline. What you need is a system and the system that I've shared for many years I've used it for maybe 15 to 20 years now I'll say 15 years roughly is what I call a mask. Their mask system is automated monthly allocated savings system reassess up a direct debit or a standing order to remove 20 to 25%. So if you can prioritize 20% of that going into your freedom account for one purpose to get your financial freedom. So if you have debt you're paying off your debt. If you haven't got your emergency fund you're saving up your emergency fund which is three to six months worth of your living expense saved in a tax free account preferably a cash. Isaac.
