Optimal layout

Money Moves

Before we discuss each account type, let's first take a look at how they interact with one another and how balances change over the month.

Account 1

Income Pool

Purpose: Collect new money as it comes in and keep it there until you've assigned it a job.

Actions: Direct pay, bonuses, gifts, etc to this account. At the beginning of each month, distribute to spending, saving or investing on the 1st of each month.

Account 2

Essentials

Purpose: Cover the bills and keep you healthy.

Actions: Fill up at the start of each month and then spend on essential costs throughout the month.