When the only thing at that level of the pyramid they need to do is nail that credit card debt. there are very few investments that you can get that will get you the return of paying down your debt that, as you said, you might be paying 19% for. yeah. after you ve handled cash flow and after you ve handled debt, then and only then do you start thinking about the next level, savings. 10% of your gross income. a lot of people say, bruce, all of this is so complicated. how do i keep track of it all. there s so much to think about. there isn t. save 10%. are you doing that? yes or no. i do these call-in shows and people ask me all sorts of questions. i take them through the priority pyramid and i am ali, i am ruthless about this. if you focus on this in order, you ll have a way higher probability of getting a handle on your money. at some point, you ve got to keel with taxes. yeah. they re a big chunk. even in america. they are a big chunk of money. you ve got to look at ways
Need to do is nail that credit card. there are very few investments that will give you the return of paying down your debt as you said you might be paying 19% for. now, after you ve handled cash flow and after you ve handled debt, then and only then do you start thinking about the next level, savings. 10% of your gross income. a lot of people say, bruce, all of this is so complicated, how do i keep track of it all. there s so much to think about. there isn t. save 10%. are you doing that? yes or no. i do these call-in shows and people ask me all sorts of questions. i take them through the priority pyramid and i am ruthless about this. if you focus on this in order, you ll have a way higher probability of getting a handle on your money. at some point you ve got to keel with taxes. yeah. they re a big chunk. even in america they are a big chunk of money. you ve got to look at ways to offset that. now you get to the part that i love the most. yeah. it takes a while to get th