WEBVTT NOTE This file was exported by MacCaption version 8.1.01 to comply with the WebVTT specification dated March 27, 2017. 00:00:00.801 --> 00:00:02.135 Pay yourself first. 00:00:03.971 --> 00:00:06.740 Think you don't make enough money to save some of it? 00:00:08.976 --> 00:00:10.143 Think again. 00:00:10.644 --> 00:00:13.614 If you earn $25,000 a year for 40 years, 00:00:14.081 --> 00:00:15.949 you will have earned $1 million. 00:00:16.650 --> 00:00:18.886 Earned $35,000 for 40 years 00:00:19.286 --> 00:00:21.521 and you've earned $1.4 million. 00:00:22.556 --> 00:00:25.459 And if you earn $45,000 for 40 years, 00:00:25.893 --> 00:00:28.228 you'd have made $1.8 million. 00:00:29.129 --> 00:00:30.430 Pay yourself first 00:00:30.497 --> 00:00:32.666 and you can get ahead in the savings game. 00:00:32.933 --> 00:00:36.536 Here's what can happen when you save just $100 a month for 40 years. 00:00:36.970 --> 00:00:40.474 At 3% interest, you would have about $93,000. 00:00:41.341 --> 00:00:42.776 At 5% interest, 00:00:42.843 --> 00:00:46.079 you'd have about $153,240 00:00:46.413 --> 00:00:48.615 And if you've got 9% interest, 00:00:48.882 --> 00:00:51.585 you'd have about $472,000. 00:00:52.319 --> 00:00:54.821 That's the power of paying yourself first. 00:00:55.188 --> 00:00:58.225 After all, it's not what you earn, it's what you keep.