Where a Paycheck Goes Each Month

Where a Paycheck Goes Each Month A data-flow diagram generated by Archify. 01 / Income 02 / Lands in 03 / Payday rules 04 / Ends up Salary · $4,800 net · 01 / Income Salary $4,800 net Side Gig · $600 avg · 01 / Income Side Gig $600 avg Checking · main account · 02 / Lands in · $5,400 in Checking main account $5,400 in Autopay · on the 1st · 03 / Payday rules Autopay on the 1st Auto-Transfer · on payday · 03 / Payday rules Auto-Transfer on payday Rent + Bills · $2,300 fixed · 04 / Ends up · 43% Rent + Bills $2,300 fixed 43% Emergency Fund · $500 / month · 04 / Ends up · 9% Emergency Fund $500 / month 9% Retirement · $800 / month · 04 / Ends up · 15% Retirement $800 / month 15% direct deposit transfer in fixed costs pay yourself rent, phone, power until 6 months index fund Legend Main money path Safety net Long-term Account Transfer