Pays Yourself First, Budget?

Started by Nolan R.
Followed by: @Taylor @JessaLynn @Michelle @Elena @Edward @Chrissy @Shalanda @Marquita @Tia @Shannon @Amanda @Stephanie @Misty @Patricia @Ashley @Ronald @Donna @KIMBERLY @Juliann @Yvonne @Ninna @"Sherrie D" @Erica @Lisa @Eva @Monica @Angela @Edwina @Donald @Denise @Destiny @Esequiel @Summer @Christine @This @MichaelJohn @Rosa @Ashly @Mindy @Tracy @Yajaira @Felisha @Latoya @Deborah @Crystal @Neosha @Paula @Autumn @Jessica @Ohsha @Destiny @angel @Travis @Thomasina @Ashley @Tim @Chrystal @Veronica @william @Carmen @andrea @Samanthia @April @Lorie @Lisette @Kristina @Alicia @Christy @Kirsten @Melissa @Melody @Yshaunda @Brittany @Denishia @Lashonda @Luis @Lakisha @Takeshia @Jennifer @Charlene @Timneshia @Angela @Angela @Felicia @ALEXIS @Alicia @Shaira @Megan @"Lisa AKA Smallz" @Jeremy @April @Willie @Arendena @Ericka @Jessica @Angel @Tori @Celeste @Luz @JOHN @Roberta @Lanna @Katie @Christy @Shalanda @Antonella @Brittany @Nicole @Elizabeth @Ashley @Amy @Michael @SABRINA @Aaron @Shamika @Sabrina @Armonie @Joanne @Heather @krystal @Lashanda @Melora @Brian @Kiara @Amonte @Joshua @Tabitha @Gobby @Kristen @Elaine @Suzanna @Lashonda @Dawn @Kevin @Maria @Leonel @Nikita @"Kimberly Dee" @Priscilla @Amber @Jaymar @Tina @Theresa @Karen @Daisia @Katie @Jessica @Adriana @Cherrie @Scott @Crystal @Kimie @Lisa
K

Kristen O.

Warning: The method I use is perhaps a bit risky for some; especially those who are tempted to spend.

For me, I find it helps to have my paycheck go directly into my savings account. This way, I really have to debate whether I want to purchase something that is not in my budget because the money is "not there" [in my checking account]. (A set amount is transferred to my checking 1-2 weeks before my credit card payment is due, and I pay in full each month).

It takes quite a bit of discipline and planning this way, but I find that I can save about 13%-20% of my paycheck each month this way. I'll set intermittent savings goals to give me an idea on when I "have enough" to splurge [a set amount] on the purchases that I have been debating, and different savings accounts to make sure I do not dip into savings that have already been assigned to other goals.

T

Tishyra A.

Even with this stimulus check. I am still paying myself first. It's important.

S

Shana G.

It is hard and simple. You have to know your monthly expenses and then in a direct deposit the goal amount into another account for yourself. But be reasonable.

Add a post