1. Paying yourself first Ms. Perez

2. Bell ringer  What do you think is meant by the term “paying yourself first”?

3. Paying yourself first means…  Before you pay your bills, before you buy groceries, before you do anything else, set aside a portion of your income to save.

4.  Even setting aside a small amount each paycheck helps!

5. Ways to pay yourself first  Make savings account and have it automatically withdraw $ from checking  Decide on % of paycheck  10% is pretty standard  Dollar amount  $25 dollars a month

6. Paying yourself first  When you pay yourself first, you’re mentally establishing saving as a priority.  Paying yourself first encourages sound financial habits.  By paying yourself first, you’re building a cash buffer with real-world applications.  What are some reasons to save $?

7. Why pay yourself before bills rather then after?

8.  “You’re telling yourself that you are more important than the electric company or the landlord.”

9. TOTD  How did your budget solutions compare to others?  What were some things that other groups thought of that you did not?