Pay Yourself First
“Pay Yourself First” is a short 30-minute practice from Zayenha Practice in the Professional domain. On payday, auto-transfer 10-20% to savings/investing before any expense. Its goal: Make saving non-optional via automation. Immediate effect: Guaranteed savings. You can read its goal and first step for free; the full practice with every step and the interactive part comes with Plus.
On payday, auto-transfer 10-20% to savings/investing before any expense.
Goal
Make saving non-optional via automation.
Steps
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1
Open separate savings account.
Expected Outcome
Evidence base
School: Personal Finance
Founders: David Bach (2003)
Bach — "The Automatic Millionaire".
Keywords
Frequently asked questions
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