Research Guides: Financial Literacy Workshop for the U of T Family Housing Office: Pay yourself first

Pay yourself first

See the resources and tools below to learn more about the 'pay yourself first' strategy and how you might implement it.

Paying Yourself First, Money Coaches Canada, October 17, 2012
A good primer on this basic principle of personal finance from a Canadian certified financial planner.
Pay Yourself First: How You Can Overcome the Challenge of Saving, Get Rich Slowly, October 19, 2009 (updated August 5, 2019)
Another useful primer on the topic.
Moka
Formerly known as Mylo, the Moka app automatically rounds up your everyday purchases and invests the spare change. A $3.00 monthly fee is charged for management of the funds invested. A full-service premium offering is also offered with a money-back guarantee.
KOHO
A free, hybrid, budgeting, cash-back, and automatic savings app.