A Part of All You Earn: Many clients (and planners) need to be reminded that "paying yourself first" is the foundation for building wealth

The most important principle in financial planning is a part of all one earns is theirs to keep. Financial planners tend to get caught up in the present-day dialogue of the industry: the great economy, the extraordinary bull market, the collapse of the Nasdaq, and so on. Planners need to revisit, with their clients and with themselves, the concept of saving, of paying themselves first. An adaptation from The Richest Man in Babylon, by George S. Clason, is presented to remind planners that paying themselves first is the foundation for building wealth.