Whether you are trying to get out of debt or are developing your nest egg, your first step to both is to pay yourself first. Lucky you, right? Well, this really can be just as easy as it sounds.
However, it is not nearly as fun as it sounds. The idea of paying yourself first simply means that you will work on a percentage basis to allocate your funds, not that you will spend money on whatever you please. Bummer? Not so much. When you pay yourself first, you are putting as much of your cash toward saving as possible to spend on bigger things (like retirement) later.
Recent comments