A business owner’s decision to determine how (and how much) to pay themselves can feel like a financial tightrope. Overpaying yourself may deprive your company of critical resources. On the other hand ...

If you’ve ever done any financial planning at all, you’ve likely heard the advice that you should “pay yourself first.” In a nutshell, this pithy slogan simply means that you should fund your savings ...

Forbes contributors publish independent expert analyses and insights. Melissa Houston covers financial issues that affect women in business. One of the most overlooked principles in entrepreneurship ...

You’ve probably heard the advice “Pay yourself first.” It sounds empowering, right? The idea is that before you pay a single bill, fill your gas tank or buy groceries, you should set money aside for ...

Paying yourself first is a foundational principle of sound personal finance. It emphasises prioritising your savings and investments before covering other expenses. This approach involves immediately ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...