Having a buffer helps. For me, I have like always like $1,000 in cash in my checking account,. And it seems to do the trick. So that part saves me a month. Some of most of my bills. But yeah, but yeah, I think if anyone is trying to figure out money, maybe just try a buffer of 500 or 1,000 in your checking and just see how that makes you feel emotionally.
#3: Paula and J. Money share the financial habits they use to grow wealth.
Full show notes can be found at http://themoneyshow.co/03
Listen as they share their favorites (and a couple neat tricks):
- Track Net Worth
- Maximize retirement savings accounts
- Pay bills at least 1 month in advance
- Set up bills on auto-pay
- Leave a buffer in your checking account
- Round up debt payments
- Double the principle payments of your mortgage
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