Pay Yourself First

Filed under , , by Alison on 3:27 PM

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Paying yourself first (putting money into savings right away) is a no-brainer for most people who know anything about personal finance. I know it's important, but it isn't the way our budget works. And it's probably something I should change.

Currently savings is not anywhere in the budget.  Yes, money is left over most months and that money does go towards savings, but that's actually pretty backwards.  Savings should be one of the first categories. As soon as The Tall One gets paid, an set amount should be put into savings right away. I know this, but I don't do it. There's nothing keeping me from starting though!

Is there anything money-wise that you know you should be doing, but you aren't?