Raise Your Income at Your Day Job — Mastery #2
Raise Your Income at Your Day Job — Mastery #2. Here’s the simple version that works without perfect discipline or fancy software.
Time in the market outperforms timing the market. Low-cost funds and patience do the heavy lifting.
Steps
- Bucket spending — Group variable expenses into a few buckets (groceries, transport, fun) so tracking stays lightweight.
- Weekly review — Spend ten minutes each week to recategorize, check upcoming bills, and adjust one thing.
- Automate transfers — Schedule savings and debt extra the day after payday so progress happens by default.
- Map cashflow — List income dates and fixed bills so you know exactly when money arrives and leaves.
Why bucket spending? Group variable expenses into a few buckets (groceries, transport, fun) so tracking stays lightweight. This changes the game by making the decision once, then letting your system run even when life gets chaotic.
Why weekly review? Spend ten minutes each week to recategorize, check upcoming bills, and adjust one thing. This changes the game by making the decision once, then letting your system run even when life gets chaotic.
Why automate transfers? Schedule savings and debt extra the day after payday so progress happens by default. This changes the game by making the decision once, then letting your system run even when life gets chaotic.
Why map cashflow? List income dates and fixed bills so you know exactly when money arrives and leaves. This changes the game by making the decision once, then letting your system run even when life gets chaotic.
Toolkit
- Calendar — Mark paydays and due dates; set a 10‑minute weekly recurring event.
- Note template — Keep a running doc for wins, misses, and next week’s one change.
- Spending alerts — Set thresholds so you get a nudge before you overshoot, not after.
How to use calendar: Mark paydays and due dates; set a 10‑minute weekly recurring event. Start simple; upgrade only if it saves time every single week.
How to use note template: Keep a running doc for wins, misses, and next week’s one change. Start simple; upgrade only if it saves time every single week.
How to use spending alerts: Set thresholds so you get a nudge before you overshoot, not after. Start simple; upgrade only if it saves time every single week.
Example
A couple earning bi‑weekly moved savings to day‑after‑payday transfers and hit a $6k emergency fund in 10 months.
Common Pitfalls & Fixes
- Skipping reviews — Put a ten‑minute block on the calendar. Done beats perfect.
- Changing five things — Change one variable per week so you can see what worked.
- Over-detailing — Stop tracking every coffee; protect buckets and the big goals instead.
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