Pay Yourself First Unlock Financial Freedom

The secret is to pay yourself first. Remember, you made the money. Why are you paying BT, energy companies, everybody before yourself? Okay, let's say you decide going for, let's say, Ms. J, you want to put aside 20% of your income. Most doctors, healthcare professionals, by the time we even start, it's already like we're a little bit more further along career age, timing and all that, because you've worked all these years, you've gone to medical school, you become a resident doctor, you move to a new country. So when you start, one secret weapon you have is hopefully for most people, not all the time, but consistent income. You can plan. So you want to double charge your compounding. So I usually say if you can do 20%, and someone will say— I spoke in Royal College of Emergency Medicine recently, and someone will say, oh, what if I'm in debt? I said, that is what that 20% is for. So basically it's for buying your freedom. If you've got 20% of your income, it's going to pay off your debt, and you're paying it automatically. It's 20% is going out of your account before you pay anyone. It's happening on the first day. If you're going to pay all that, at least pay yourself automatically. Why are you paying your water bills, light bills, cancel tax, BMA automatically, and then you want to pay yourself when you remember to transfer. The bills that are automated get paid. The bills that are not automated get forgotten. Budgeting is telling your money what to do, right? Yeah. Does it always do it? No. Automation is making sure it does it. Okay, I'm going to say it again. So budgeting is telling your money what to do, but automation is making sure it does it.