The 'pay yourself first' strategy involves setting aside a predetermined portion of income for savings before paying any other expenses, ideally automated through direct deposit or transfers.

Authors

• Person: Not available Organization: Ascend Federal Credit Union
  5 Fundamental Principles of Money Management for Beginners

Sources

• 5 Fundamental Principles of Money Management for Beginners ascend.bank Ascend Federal Credit Union via serper

Referenced by nodes (2)

• income concept
• savings concept