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How Much Should You Pay Yourself First?

Personal Finance / AskTheMoneyCoach / Financial goals, financial well-being, pay yourself first, Personal Finance, Savings Strategy.

Are you struggling to find the perfect balance between saving for the future and enjoying your hard-earned money in the present? The key to mastering personal finance lies in understanding the concept of paying yourself first. In this article, we will delve into the concept of paying yourself first and explore strategies for determining the […]

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A hand holds a stack of one-hundred-dollar bills against a dark background, reminding you to pay yourself first.

What Does “Pay Yourself First” Really Mean

2 Comments / Saving Money / Lynnette Khalfani-Cox, The Money Coach / pay yourself first

Q: I have a question from someone who wanted to know about essentially the definition of paying yourself first. She wrote me saying, ‘… there’s never been an accurate definition. Does it mean that it that you should pay yourself first the money that’s going into your retirement, into a emergency fund, or should you

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All information on this blog is for educational purposes only. Lynnette Khalfani-Cox, The Money Coach, is not a certified financial planner, registered investment adviser, or attorney. If you need specialty financial, investment or legal advice, please consult the appropriate professional. Advertising Disclosure: This site may accept advertising, affiliate payments or other forms of compensation from companies mentioned in articles. This compensation may impact how and where products and companies appear on this site. AskTheMoneyCoach™ and Lynnette Khalfani-Cox, The Money Coach® are trademarks of TheMoneyCoach.net, LLC.

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