1. Agree/Disagree
The amount of money you save depends on how much you earn.
The two biggest factors in compound interest and building wealth are time and the initial amount of the investment.
It is okay to use your emergency fund to pay cash for big purchases such as a TV or a cell phone.
You should pay yourself first before you pay bills.

2. Saving/Investing Interesting Facts
70% of consumers live paycheck to paycheck
The United States has a -0.6 savings rate
Only 41% of Americans save regularly
1 in 4 teens agree that since they are young, saving money isn’t that important
12% of teens have stocks and investments in an account that is held in their name

3. Quotes
“If you do the things you need to do when you need to do them, then someday you can do the things you want to do when you want to do them.” - Zig Ziglar
“If you live like no one else, then later you get to live like no one else.” - Dave Ramsey

4. Saving Saving must become a priority. Always pay yourself 1st.
3 basic reasons you should save money:
1. Emergency Fund
2. Purchases
3. Wealth Building

5. Saving for Emergency Fund
Emergencies WILL happen.
An emergency fund is insurance, not an investment.
Recommendation: $1,000 in an emergency fund as fast as you can ($500 for you)
1st savings priority
Protect yourself from Murphy’s Law

6. Saving for Purchases
Instead of borrowing to purchase, save money and pay cash.
**Examples**
Remember, you should pay cash for goods that depreciate in value

7. Saving for Wealth Building
It is difficult to save for Wealth Building. You must be disciplined.
80/20 Rule: (80% behavior, 20% head knowledge) Anybody can learn to save!
Building wealth is a marathon, not a sprint.
Compound Interest is a mathematical explosion. Start now!