Finance & Banking

Pay yourself first

peɪ jɔːrˈself fɜːrst

idiom

What does Pay yourself first mean?

Save automatically before spending.

Example sentence

"Automate savings — pay yourself first."

American usage tip

Set transfers for payday so saving is effortless.

Related Finance & Banking words

HYSA
High-Yield Savings Account with better interest.
Annual fee
The yearly cost of holding a credit card.
Minimum payment
The smallest allowed credit card payment.
Zelle
A free instant bank-to-bank payment app.
Hard inquiry
A credit check that slightly lowers your score.
Compound interest
Interest earning interest over time.
Overdraft
Spending more than your account holds.
Index fund
A fund tracking a whole market index.

Keep learning

More Finance & Banking vocabulary
Browse every word in this category.
Test yourself
Take a quiz on Finance & Banking words.