In the last lesson, we learnt that one of the laws of wealth requires you to have your own money. And we explained what the term "your money" means. If you missed that, you can read it up here https://steemit.com/investment/@olaleke/lessons-i-learnt-from-the-richest-man-in-babylon-part-1
Most people don't have "their money". They just spend money as it comes and wait for the next. I have noticed that our level of spending is directly proportional to their level of income. So if you couldn't save money while earning 10 pounds a week, then you couldn't save money while earning 10 pounds a week, then you wouldn't be able to save while earning fourty pounds a week. Why? Because when you start collecting fourty pounds a week, the other sectors of the pie-chart will increase proportionally and new sectors will form.
Let's face it, we all have what we would want to do if we had excess money. Those things are the things that take up space in the pie graph.
In order for you to have your money, you need to live on less than what you earn. The other part being "your own money". This according to Algamish - The richest man in Babylon, should be a minimum of 10% of your current earnings.
When we look at our income, it is hard to just carve a part out and say "this is my savings". Algamish said that we should live on less than our savings. It is from that savings that we can now invest.