“Open a separate savings account, name it after your college or your exam, and set up an automatic transfer every payday that roughly matches what you'll need across the year”

Dev Raga · Dev Raga Personal Finance · 641 I got an intern job for 2027, now what?

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What was described

open a separate savings account named after your college or exam and set up an automatic transfer every payday that roughly matches the expected annual cost

150 bucks a fortnight

Said nearby on the same subject

“If they did nothing else, but set up another offset account or another bank account, and just transferred $640 a week to that account”
GJ
Glen James
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How they work 640 per week Share this moment
“I'm going to put $480 in the horse account automatically every week. And then the car, I'm going to put, so it's $10,000 divided by 52, $192, $192 every week in a separate car account.”
GJ
Glen James
WWGD with Glen James ·
How they work $480 weekly to horse account; $192 weekly to car account; $619 left ov… Share this moment
“Move somewhere between 30 and 40% of every locum payment straight into your separate account the moment it lands and call it the tax account”
DR
Dev Raga
Dev Raga Personal Finance ·
Automation 30-40% Share this moment
“Only recently did we think about setting up a treasury account and the operating account sweep… we were talking about saving on dumpster fees and credit card processing.”
TH
Tyler Hoffman
Acquiring Minds ·
Why it worked Share this moment

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