How to Start Saving Money TodayTake control of your financial future.

ByBrian Tracy

Opinions expressed by Entrepreneur contributors are their own.

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

In this video, Tracy explains how you can beginsaving moneyand 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 topodcasts-- there are a number of ways to educate yourself on personal finance.

Tracy also touches upon the bookThe Richest Man in Babylonby 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 fromBrian Tracy on his channel.

Related:The 5 Career Paths to a Wealthy Life

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Brian Tracy

Entrepreneur Leadership Network Writer

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 atBrianTracy.com

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