2min chapter

The School of Greatness cover image

93 Why You Have to Pay Profits to Yourself First with Mike Michalowicz

The School of Greatness

CHAPTER

Is Your 401k Automatically Taken Out of Your Account?

Ramit Sethi's book is about setting up accounts and paying them first in order to for your investments. He says, you know, I take $2000 out of month for one account that automatically is taken out of my account and put into another account every month. The very first thing is profit first goes into that profit account. You don't see it and you live off the remainder as a business.

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