They pay everyone else first
There have been months in my life, when for whatever reason, cash flow was far less than my billsI still paid myself firstMy accountant and bookkeeper screamed in panic "They're going to come after youThe IRS is going to put you in jail "You're going to ruin your credit rating "They'll cut off the electricity I still paid myself firstBecause that's what the story The Richest Man In Babylon was all aboutThe power of self-discipline and the power of internal fortitude "Guts," in less elegant termsAs my rich dad taught me the first month I worked for http://www.ooluxury.com/category_5_Dior_1.html" target="_blank him, most people allow the world to push them aroundA bill collector calls and you "pay or else So you pay and not pay yourselfA sales clerk says, "Oh, just put it on your charge card Your real estate agent tells you to "go ahead-the government allows you a tax deduction on your home That is what the book is really aboutHaving the guts to go against the tide and get richYou may not be weak, but when it comes to money, many people get wimpy
I am not saying be irresponsibleThe reason I don't have high credit card debt, and doodad debt, is because I want to pay myself firstThe reason http://www.enluxury.com/scategory_25_Gucci-Watches.html" target="_blank I minimize my income is because I don't want to pay it to the governmentThat is why, for those of you who have watched the video The Secrets of the Rich, my income comes from my asset column, through a Nevada corporationIf I work for money, the government takes it
Although I pay my bills last, I am financially astute enough to not get into a tough financial situationI don't like consumer debtI actually have liabilities that are higher than 99 percent of the population, but I don't pay for them; other people pay for my liabilitiesThey're called tenants1 in paying yourself first http://www.ualuxury.com/category_10_Mulberry_1.html" target="_blank is don't get into debt in the first placeAlthough I pay my bills last, I set it up to have only small unimportant bills, that I will have to pay
Secondly, when I occasionally come up short, I still pay myself firstI let the creditors and even the government screamI like it when they get toughWhy? Because those guys do me a favorThey inspire me to i go out and create more moneySo I pay myself first, invest the money, and let the creditors yellI generally pay them right away anywayMy wife and I have excellent creditWe just don't cave into the pressure and spend our savings or http://www.ooluxury.com/categorys_103_Chanel-Necklaces_1.html" target="_blank liquidate stocks to pay for consumer debtThat is not too financially intelligent
So the answer is:

1Don't get into large debt positions that you have to pay for Keep your expenses lowBuild up assets firstThen, buy the big house or nice carBeing stuck in the rat race is not intelligentWhen you come up short, let the pressure build and don't dip into your savings or investments Use the pressure to inspire your financial genius to come up with new ways of making more money and then pay your billsYou will have increased your ability to make more money as well as your financial http://www.naluxury.com/scategory_8_Hermes.html" target="_blank intelligen