Why Paycheck Routines Are A Waste of Time

Paycheck routines are a waste of time! They not only overcomplicate what should be a few simple steps, but they also by definition are too little too late! If we are figuring out what to do with our paycheck once we get it, we are reacting instead of being proactive and making our dreams come true. I think most of us want to live for today, spend our money, and not grind through the difficult path of striving for financial freedom. Good, fine, let's accept that and move forward! The other 1-5% of us who DO want to climb the greased pole of accelerated financial freedom still don't need a paycheck routine! We need to follow 3 simple steps to get rich ASAP. Either way, toss out your "routine" and do this instead.

⏱Handy Timeline:
0:00 Paycheck routines are silly
0:36 Step 1: Decide
1:45 Step 2: How to do this
3:44 Step 3: Systems
8:46 A caution for the financial independence crowd
10:35 Here's the next video
Team FI: Here's your flowchart: https://imgur.com/u0ocDRI
Here's the link to the original reddit post: https://www.reddit.com/r/personalfinance/comments/4gdlu9/how_to_prioritize_spending_your_money_a_flowchart/

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Disclaimer: Any financial or investing-related topics discussed on this channel are not from a professional investment advisor and are not financial advice for you. This is for entertainment and inspirational purposes only. My opinions are not reflective of the companies mentioned in the video. Also please know that many of the links I have in video descriptions like this one are affiliate links which means I may be compensated by the company whom you do business with at no extra expense to you. Thank you for your support!

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Видео Why Paycheck Routines Are A Waste of Time канала Brendan Evan