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Add Your Income |
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When you are paid your money goes to your Day-To-Day account.
Some of that money is then sent on to your Bill Account and your Future accounts.
(You may have special reasons to modify the way the money flows. For example you
may have one wage go directly to “Your Bills” or have your employer pay directly to
the different accounts to cut your bank fees.)
Here's what the picture looks like.
I found the idea of splitting Bills from Day-To-Day most helpful.
Jonatan Kelu
The idea of splitting bills etc into 2 separate accounts makes a deal of sense to me.
Rick O'Connor
Add these arrows to your diagram and write the names of the Bank Accounts you will
use next to them. (Do you have the correct bank accounts? Now might be a good time
to reorganize your banking. Your partner may also want a Day-To-Day Account.)
NOTE: This is a very simple explanation of the Banking Triangle. In week 7 and week 8 of the FREE eBook you discover how to add your Credit Cards to this diagram and that is really exciting.
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Page 11 of 20 |
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