Pays Yourself First, Budget?

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