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5 Excuses For Not Paying Yourself First — And Why They’re Wrong

August 11, 2020

The global pandemic has forced many people to reconsider their views and approaches to managing and acquiring money. Whether based in fear, curiosity or opportunity, people are turning to different forms of investing as a means to offset the impact of the global health crisis.

A common piece of financial advice for first-time investors is to “pay yourself first” as a precursor to investing. But if it’s common wisdom, why don’t more people do it? Here are five reasons people say they don’t pay themselves first — and what you can do to remedy it for yourself.

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