These four steps can help you save money every month after each payday, according to an finacial expert
Saving money can be a difficult task, let alone trying to follow a strict budget. Fortunately, for those who don't know where to start, money expert and TikToker Beth has shared her simple payday routine that makes saving money easier.
The routine takes a zero-based budgeting outlook - which means budgeting by justifying and approving all expenses for each month, rather than basing it on your past spending. According to the British Business Bank, by starting from a 'zero base' at the beginning of each budget, you can create a really effective process for analysing and deciding where to allocate your funds.First, I check the money received matches my payslip.
"Then it’s time to do the money shuffle. A quick check in with my partner to make sure all joint bills are accounted for and then I move my 50% into our account ready for them to come out. I also have some personal expenses such as dancing, gym etc which I budget for and this money is left behind in my current account .
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