Pay yourself first: How to save money every month

The end of the month means payday for lots of people – so we thought it’d be a good opportunity to explain how to pay yourself first!

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Thats what I do, find it to work the best when all my bills are separated into individual pots (council tax, water, energy, travel etc.) :+1:t2::sunglasses:

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This is what I do and I find it to be the most effective way to save.

Personally not much of a fan of round-up or algorithmic savings methods.

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10% to investments and 10% in my Monzo Pots! :slightly_smiling_face:

Also do a round up into a pot and the 1p savings challenge because why not!

I put 60% aside for bills, save 25%, spend 12% and the remaining 10% goes towards extra maths lessons.

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Might want to use more than 10% for those maths lessons :wink:
:joy:

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I do it the flip side,
pay bills first
then know my budget for the month.
Then end of month excess goes back to savings.

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All in all I think the above methods are all credible however so much easier to achieve if you destroy your debt first. :slight_smile:

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YES!

Been doing it for years now, and it’s highly efficient. Save first - future you will thank you.

Thats 107%

exactly