Pay Yourself First
Planning & BudgetingA savings strategy where you automatically transfer money to savings or investments before spending on anything else.
Example
Example: For someone earning $60,000/year trying to build a solid financial plan, understanding pay yourself first is a key piece of the puzzle. Applied to a monthly budget, this concept could help you save an extra $200-$500/month. Build your plan with our 50/30/20 budget calculator.