Simple steps to generate financial freedom on auto-pilot

Most of the things in life cost a certain amount of money. Traveling, even if my airfare is free, costs money. Riding my motorcycle, even though I fully own it, costs money since it needs gas and wants maintenance. In addition to the more or less mandatory monthly expenses like rent, the mortgage, gas and utilities, I need money to go towards those larger things I want to do in life. I’ve never missed a mortgage or rent payment, but it’s also never been my first priority to pay either of those.

I’ve always paid myself first. Whenever I get a paycheque or income from my companies, I set aside a portion of that money in a savings account, every time. Depending on how much money I made and what my other obligations were, the amount I set aside has been as low as ten dollars. But even if that were all I could afford, I would still set aside the first ten dollars from that paycheque for myself. I pay myself first, then everyone else. The small contributions add up over time, and combined wi…