Your paycheck should be making pit stops before it hits your account, getting a little smaller with each stop. Take yourself completely out of the equation — you can’t miss (or spend) what was never there. If you’re a little further along, you have lots of options. ; then emergency/medium-term savings; then my investment account; and, finally, short-term savings/spending (think monthly expenses). I hit 100 percent of my savings goals, and I don’t have to think about it once.

Source: New York Times February 09, 2020 23:37 UTC