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Paid Ourselves First
I Paid Ourselves Before the Bills
I Paid Ourselves First last year. Just like I am doing so far this year.
With every passing month and, later over the past year, with every paycheck, I Paid Ourselves before paying our mountain of bills.
Our mountain amounts to eight to ten grand per month, and some months more. Our largest monthly expense is our son’s college, as it has been now for the two-and-a-half years that he has been attending a private liberal arts school in the Chicago area.
This year, I shelled out thirty large. It will be even more during the next school year due to some major traveling that his band is scheduled to do. How I saved up enough to pay for four years of that, and then another four years of comparable expenses for our high school aged daughter, is another story.
If I have one mantra when it comes to that form of exchange that we call money, it is to Pay Yourself First. I wish that I had adopted that motto twenty, fifteen or ten years ago but, as they say, better late than never.
All in, I Paid Ourselves $16,900 in 2018.
Five grand went to our daughter and in the most simple way possible. Years ago, I automatically set up…