49: What Is The ‘Paying Yourself First’ Rule and Does It Work?

<p>🎙 The idea of ‘paying yourself first’ is an old and common concept of responsible financial management. It’s something I’ve used in my own finances for years. Today we’re going back to basics talking about this rule. 🤔</p> <p><strong>This episode discusses topics like:</strong></p> <p>🌟 What ‘paying yourself first’ means and what to look out for when you try implementing this rule in your budgeting system;</p> <p>🌟 How to start paying yourself first if you’ve never done it before; and</p> <p>🌟 Whether paying yourself first really works.</p> <p><strong>Links from this episode:</strong></p> <p>Episode transcript and show notes: <a href= "https://www.papermoneyco.com/gof49">https://www.papermoneyco.com/gof49</a><span class="Apple-converted-space"> </span></p> <p>Ready to finally take control of your money and build the life of your dreams? Join Camp FIRE! Camp FIRE is the premier membership community helping you get your money under control and reach your goals for a happy and fulfilling life. With tons of masterclasses, bonus content, spreadsheets, accountability and fun, get ready to say YES to a life you love. Become a Camper now for just $4.99 a month (or get 2 months of membership for free when you pay yearly): <a href= "https://www.papermoneyco.com/campfire">https://www.papermoneyco.com/campfire</a></p> <p><strong>Credits:</strong></p> <p>Producer: Gonzalo Araya</p> <p>Editor: Gonzalo Araya</p> <p><strong>Time codes:</strong></p> <p>00:00 Hello and Welcome!</p> <p>04:00 What Is the ‘Paying Yourself First’ Rule?</p> <p>05:36 Does the ‘Pay Yourself First’ Rule Really Work?</p> <p>06:31 How to Get Started With Paying Yourself First</p> <p>08:22 Next Weeks’ Episode</p> <p><strong>Remember to:</strong></p> <p>🤩 Subscribe so you don’t miss any future episodes.</p> <p>🏆 Rate and review the show on Apple Podcasts: <a href= "https://www.papermoneyco.com/podcastreview">https://www.papermoneyco.com/podcastreview</a></p> <p>Podcast reviews are crazy important to the iTunes algorithm. The more reviews we receive, the mo