Step 5 of E.I. Financial Philosophy: “Stay Finanially Focused”

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E.I. Tip: Divide Your Paycheck. Ask your company’s HR department to divide each of your paychecks between your savings & checking accounts. Set a specific percentage to automatically deposit into your savings so you’re less tempted to touch it while off work. Also, interest rates are generally higher for savings accounts than they are for checking.

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