Why is the first pay a check?
Why is the first pay a check? There can be a “lag time”, from the time your employer receives and processes your request to have your pay direct deposited, until the time it takes affect. A physical check is often issued to ensure you don't miss your first “check”.
What is the 75 15 10 rule?
The 75/15/10 method involves allocating 75% of your earnings for spending, 15% for investing, and 10% for saving, prioritizing building wealth through investments rather than relying on savings.