Jerry Fetta – Commit to a Savings Program

Saving money isn’t a sexy topic. We’d much rather talk about investing, business ideas, and the next opportunity. But the reality is, of my hundreds of clients, the ones who commit to a disciplined savings program are light-years beyond those who just increase income or just invest. I want to help you understand why.

1. Saving shows behavior. Notice, I did not say the word discipline. Discipline will not create wealth. Behavior will. Those who commit to saving 30% or more of their gross monthly income are able to do that because of their behavior. They think and feel differently about money and therefore they have no issue saving it. This is no different than athletics. Those who have altered their behavior to become the top 1% at their skill will always dominate those who do not.

2. Liquidity equates to choices. The game changes when you have large amounts of cash available to employ. For one, you actually have options and you’re not looking for the next opportunity to scam your way into wealth. Secondly, you raise your standards because you know the value of money. You’re not going to give up your position of power for any old investment or idea. Those who do not save do not think this way and do not have standards like this.

3. Saving is the lynch-pin. Those who make money but don’t save it end up broke. Those who try to invest with little to no savings end up broke. Saving is what fills the difference. I’m not talking about saving a “3-6 month emergency fund”. Not only is that poverty mindset, but 3-6 months of expenses barley even gets you on the bench, let alone in the game. We save for opportunities, not emergencies, and even a low-level, moderately good opportunity is going to require $50,000. That’s just the bottom line.

Save like the top 1% did. Historically, the top 1% have always saved 40% of their gross income, typically into their own banking or trust system, and when the economy collapsed they accessed their funds and bought up all of the real estate, stocks, and businesses that were struggling. That’s how they got to be the top 1%. Success leaves clues and if we do what the top 1% did, we can have the things they have. My WealthX University coaching program will put you on a strict investment savings regimen where you will develop the behavior of saving 40% of your income (and increasing your income to the point where you can save 40%). If you’re ready to be in a position of power with your cash, click here.

Own Your Potential,

Jerry Fetta

Jerry Fetta is a husband, son of Yahweh, Entrepreneur and owner of 5 privately held businesses. Jerry lives in Alaska with his wife and 2 dogs. His no-nonsense approach to business, finances, and life speaks truth and provides clarity to his clients and followers. His personal mission in life is to empower millions of leaders to own their God-given, ultimate potential

Jerry Fetta

Jerry Fetta is a husband, son of Yahweh, Entrepreneur and owner of 5 privately held businesses. Jerry lives in Alaska with his wife and 2 dogs. His no-nonsense approach to business, finances, and life speaks truth and provides clarity to his clients and followers. His personal mission in life is to empower millions of leaders to own their God-given, ultimate potential.

WealthX Home

WealthX TV

https://www.facebook.com/WealthXPro/  

https://www.linkedin.com/in/jerry-fetta-601b00a0/  

https://www.instagram.com/jerryfetta/  

https://plus.google.com/u/0/105293536858963061578  

https://medium.com/@wealthx  

https://steemit.com/@jerryfetta  

https://www.youtube.com/channel/UCsGCnD2cXDbNj53GH4y50zg

About The Author