Paying yourself first
Posted on September 25, 2007
Filed Under - projects, Personal Finance |
My current temping assignment is coming to an end and I have decided to have a week off before going back to work. I had been planning to go straight on to another assignment. But even though I could do with the money, getting caught up in yet another 9-to-5 maelstrom is so not the idea! I need to spend some quality time getting my own projects off the ground.
That was the idea behind choosing short-term temping. I wouldn’t have to ask anyone’s permission to have time off to pursue my own projects. My time is valuable and I’d rather spend it on my own business! It’s the philosophy of ‘pay yourself first’, beloved of life coaches and get-rich-quick gurus everywhere. Pay yourself first means putting aside money for savings before paying your bills rather than the other way round. And I think the same applies to your own time, which is of course very valuable. Give yourself first refusal on your own time instead of some employer who doesn’t really need you.
One of the things on my list is to expand this website. Although I started this blog on the Wordpress site, I have recently moved it to a hosting service so that I can grow and monetise the site. I am using Adept Hosting; I have started out with their basic package and I will see where it goes from there.
Stumble it!
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[…] A great way to save money. Make sure that the first thing you do when your paycheck comes in is put some money into your savings, before you pay the bills. More… […]