The Last to Get Paid
Money in, money out. Every month you play the number game. Your paycheck gets auto deposited in your bank account and goes out to the rent, utilities, credit card or student loans. If there is anything left over after everyone else has been paid, you might throw some extra into your savings account. Bills first, Fun next, Savings last. You might even have a savings goal: 6 months of expenses as a safety net or saving for long term goals like a down payment on a house or even early retirement. But what if I told you that you shouldn't pay your bills first every month? What if I told you that the order should be Me first, Bills next, Fun last? When asked, most people will agree that saving money is critically important. Emergency funds give peace of mind and if we ever want to retire someday we have a retirement goal. But very few save money. Saving money is hard when we want things NOW. Getting into the habit of saving is easy if you make a few simple changes. The fi...