Home Pay Yourself First

Smarter Money

Investment Ideas

Forbes.com: Investing Ideas
Investing Ideas from Forbes.com
Pay Yourself First Method

Pay Yourself First Method -

Saving money, building wealth, getting rich!  It isn't easy.  There is a reason why a lot of programs are called "Get Rich Quick Schemes."  Pay Yourself First is not a "scheme" in that sense.  It is a down to earth, easily instituted way to save.  This program is designed to allow even the least responsible, controlled, and reasonable spender or saver, put large amounts of money aside for Saving money, building wealth, and getting rich!



Pay Yourself First - Getting Started PDF Print E-mail
Written by Administrator   
Saturday, 10 April 2010 19:56

This may sound like stupid advice, but you would be surprised by how many people get the first step WRONG.  The first and most important step of pay yourself first is actually to START PAYING YOURSELF.  Simply, you need to just start doing it and see for yourself that...

Last Updated on Sunday, 11 April 2010 18:23
Read more...
 
Pay Yourself First - Achieving Success PDF Print E-mail
Written by Administrator   
Saturday, 10 April 2010 20:03

In order to be successful at Pay Yourself First, you are going to need a few things in place.  We have found that you will need that separate and dedicated account setup.  You don't want an account that is easily reachable.  You want an account at a separate bank.  This adds a number of protections to your plan.  Not only will it make it more difficult to access the funds, but you are also...

Last Updated on Sunday, 11 April 2010 18:24
Read more...
 
Pay Yourself First - Additional Details PDF Print E-mail
Written by Administrator   
Saturday, 10 April 2010 20:05

So, you have your new savings account and you have your direct deposit form in hand.  You probably have some questions.  Like, "how much money should you be diverting into this new account?"  We have a few answers to this question: 1) Match your...

Last Updated on Sunday, 11 April 2010 18:24
Read more...
 
Pay Yourself First - Building Wealth PDF Print E-mail
Written by Administrator   
Saturday, 10 April 2010 20:04

So, you have your new account setup, now what?  Talk to your HR department, boss, accounting agency, or banker.  The one you need to reach is the one that controls where your paycheck goes.  If you already have direct deposit, it will be very simple to...

Last Updated on Sunday, 11 April 2010 18:33
Read more...
 
Pay Yourself First - Maintaining Wealth PDF Print E-mail
Written by Administrator   
Saturday, 10 April 2010 20:08

This may all seem counter intuitive and in contrast to certain smart financial management advice, however, you are not Warren Buffet, yet!  You came to this site looking to get rich because you aren't rich yet.  You haven't built the required skills or attained the level of success that allows you to more easily...

Last Updated on Sunday, 11 April 2010 18:24
Read more...
 


Disclaimer

The material on this website or its affiliate sites, has no regard to the specific investment objectives, financial situation, or particular needs of any visitor. This site is published solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments.
References made to third parties are based on information obtained from sources believed to be reliable, but are not guaranteed as being accurate. Visitors should not regard it as a substitute for the exercise of their own judgment. Any opinions expressed in this site are subject to change without notice and Sense2Dollars is not under any obligation to update or keep current the information contained herein.
 

Business News

Reuters News
  • Obama kicks off campaign with infrastructure plan
    MILWAUKEE (Reuters) - President Barack Obama, scrambling to jump-start job creation in a sluggish U.S. economy, proposed a six-year plan on Monday to rebuild aging roads, railways and runways with an initial $50 billion investment.


  • Oil operations in Gulf unaffected by storm
    HOUSTON (Reuters) - BP Plc , the largest oil producer in U.S.-regulated areas of the Gulf of Mexico, and Shell Oil Co said Monday that Tropical Storm Hermine was not affecting their offshore operations.


  • Fiat to name Toyota executive to head sales: report
    MILAN (Reuters) - Italian car maker Fiat SpA will hire Toyota Motor Europe's Andrea Formica to head sales at its four-brand automotive group, Automotive News Europe said, citing sources familiar with the matter.


  • Basel committee seeks 9 percent Tier 1 capital: report
    FRANKFURT (Reuters) - Global banks will be required to hold Tier 1 capital of nine percent including a 3 percent so-called "conservation buffer," German weekly Die Zeit reported, quoting a draft proposal from the Basel Committee, the body tasked with drawing up global banking rules.