We’ve all heard the money advice “Pay Yourself First”.
What does it mean to you? I know what it’s supposed to mean. I can also hear various other ways it could be interpreted. I know, it’s semantics. And it matters! (We like words here, remember?)
What if I said “Pay Yourself Last?” It’s been on my mind this year, and apparently others have also adopted this reframing. When I say Pay Yourself Last, I mean pay Future You and Past You before Present you. I mean that your savings and future needs are important. I mean that reaching toward debt free living is important – and achievable.
How do we get around this? It starts with thinking of your future self as … you.
Meet your new best friend: Future Happy You, the far more content cousin of Future You.”