General Provisions
Categories: Company Management
Each week (or every two weeks), your paycheck gets deposited into a checking account. Every payday you sit down and go through your account and assign a certain amount of money for bills, a certain amount for groceries, or even some for entertainment/leisure activities. Then you set aside some money “just in case” or “for a rainy day.”
Some people call this their emergency fund, or use a savings account. If your car breaks down, or you have an unexpected medical expense, you have money to help cover those costs (hopefully). You don’t have to worry about life’s little unexpected moments.