“Paying yourself first” is a financial strategy that emphasizes setting aside a portion of your income for savings, investments, or long-term financial goals before allocating money for other expenses or bills. The idea is to prioritize saving for your future or financial security as if it were a non-negotiable expense. By doing this, you ensure that you’re building wealth and securing your financial future before spending money on discretionary items or bills. It encourages disciplined saving and can help individuals achieve their financial goals over time.
