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How to Start Saving Money Today Take control of your financial future.

By Brian Tracy

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

"Financial freedom comes to the person who actively takes control of their finances," says Entrepreneur Network partner Brian Tracy.

In this video, Tracy explains how you can begin saving money and start taking control of your financial future. In order to set yourself up for longterm financial freedom, it's important to save at least 10 percent of every paycheck that you earn. Savings guarantee the possibilities of tomorrow, says Tracy. Another tactic to begin saving, is to learn. Read, take classes, listen to podcasts -- there are a number of ways to educate yourself on personal finance.

Tracy also touches upon the book The Richest Man in Babylon by George Samuel Clason. In the book, Tracy says there are two laws of saving that you should follow: Pay yourself first and take advantage of tax deferred earnings and investment plans (401Ks, stock option programs, company pension plans, etc.).

To learn how you can start saving money today, click play.

Watch more YouTube videos from Brian Tracy on his channel.

Related: The 5 Career Paths to a Wealthy Life

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Brian Tracy

Chairman and CEO of Brian Tracy International, Speaker and Author

Brian Tracy is chairman and CEO of Brian Tracy International. He is the leading coach on the topics of leadership, self-esteem, goals and success psychology. Learn more at BrianTracy.com

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