Security-driven people should aim to save 30-40% of income, while income producers in sales or business should focus on earning more rather than hitting a savings target. The speaker never set a savings goal, instead constantly chasing higher income.
You're a security-driven person and you don't know how to produce income. My advice would be start saving. Figure out a strategy for how much percent of your income you save per month. A secure person is someone who has a job and they know that they're making X amount of money for X amount of years. I consider someone to be an income producer is somebody who's in sales or has their own business. The best people I see at saving save between 30 and 40% of what they make. However, if you're the kind of person who can produce income for yourself, I wouldn't even think about saving. I would only be paying attention to and thinking and focusing on how can I make more money. And so that's what I did for myself, is I never said to myself how much money should I be saving because I was like, this isn't enough, I need to make making more money. And to this day, I still need to be making more money because I know what I'm capable of making. And so if you're an income producer, you can literally produce cash out of thin air, then think like that. If you can't, then you want to be thinking about how you should save money.
