Do This Every Time You Get Paid (9-Step Paycheck Routine)

Ready to take control of your money, starting with your next paycheck?! In this video, I’m sharing a simple, step-by-step payday routine that ensures every dollar works smarter for you. Whether you’re just starting out or looking to level up, this will help set you up for long-term success. ✨ ▻▻ subscribe for more personal finance education! ✨ ➤ https://www.youtube.com/@wealthforwomenofcolor ▻▻ 👋 want more? visit: ➤ https://www.instagram.com/wealthforwomenofcolor ➤ https://wealthforwomenofcolor.com/ ▻▻ timestamps 🕒 00:00 Start here 00:32 Who I am 01:22 Why you need a payday routine 01:53 Step 1 - needs 02:47 How to calculate your needs + FREE resource 04:41 Step 2 - starter emergency fund 07:17 Step 3 - high interest debt 09:44 Step 4 - tax advantages 14:18 Step 5 - full emergency fund 19:56 Step 6 - short-term savings goals 22:07 Step 7 - taxable accounts 22:39 Step 8 - remaining debts 23:28 Step 9 - increase insurance 24:35 Final thoughts ▻▻ resources & links mentioned 📚🔗 ➤ FREE Cash Flow Spreadheet - https://w4woc.com/cashflowsheet ➤ FREE Debt Payoff Spreadsheet - https://w4woc.com/debtsheet ►► DISCLAIMERS ⚠️ AFFILIATE DISCLAIMER: Some of my videos and descriptions may contain affiliate links and sponsored content. This means I may earn a small commission if you use these links, at no extra cost to you. With that said, I only recommend products or services I have personally vetted or used, and that I think may be helpful! ⚠️ CONTENT DISCLAIMER: This content is for educational and informational purposes only and is not intended as a substitute for legal, tax, accounting, or investment advice. When individualized advice is required, always consult a professional for guidance tailored to your specific situation. While Lissa holds certifications as a financial planner and counselor and is committed to making financial education more accessible, she does not provide specific professional advice through this channel or any Wealth for Women of Color content. Wealth for Women of Color is an educational platform and business. ▻▻ hi! 💁🏽‍♀️ I’m Lissa — I started Wealth for Women of Color because not enough women of color have a welcoming space to openly learn about money and building wealth. Join my community of 🏆winners🏆 who are building wealth, by subscribing and checking me out on other platforms. 💌 p.s. balance your present needs (and wants) with future wealth #personalfinance #wealthforwomenofcolor #financialeducation