Set up your three-bucket system — Fixed, Flexible, and Future. Enter your income and allocate each bucket to see if you balance, then get automatic transfer amounts to set up on payday.
1
Your monthly income
Your take-home pay after tax — use the average of your last 3 months.
$
↑ Pre-filled from your Gap Calculator
2
Your three-bucket allocation
Divide your income into three buckets. The total should equal your monthly income. Use the numbers you've built this week.
↑ Fixed bucket pre-filled from your Survival Budget
3
Your bucket allocation
See how your income is distributed across the three buckets.
Fixed
$0
Bills, rent, insurance, minimum debt payments — your non-negotiables.
0% of income
Flexible
$0
Groceries, transport, eating out, personal, fun — everything variable.
0% of income
Future
$0
Savings, extra debt repayment, buffer building — your forward momentum.
0% of income
Proportional allocation
Fixed
Flexible
Future
Unallocated
4
Balance check
Does Fixed + Flexible + Future = your income?
Balanced
Your buckets balance
Monthly income
Fixed + Flexible + Future
Remaining
5
Automatic transfer suggestions
Set up these transfers on your next payday to make the system automatic.
Payday transfer plan
Account 1 · Bills
$0
Transfer this to your bills account on payday. Never touch it for anything else.
Account 2 · Spending
$0
This is your flexible money for the month. When it's low, you're at your limit.
Account 3 · Savings
$0
Transfer this on payday before anything else. Ideally to a different bank, out of sight.
Tip: If you're paid twice a month, divide each bucket amount by 2 and transfer half on each payday. The system works the same way.
Your allocation has been saved. You can come back and adjust it anytime.
From the lesson
"The system is what carries you through when the motivation isn't."
Write your three-bucket amounts down and set up the automatic transfers on your next payday. 10 minutes a week, three accounts, one automatic transfer. Start now while the momentum is fresh.