How Papa John’s paid me 3 and 6 months after I quit.
- mind the gap
- cashflow rules
- pay yourself 30, 60, 90, 120, 160 days in the future
- Create and deliver
I use bank certificates as forced savings. it works.
I would take $140 A week and put $20 dollar certificates away for 3 months away from now. Even though interest rates are tiny right now, the daily cashflow 3 months from now is a great feeling.
You never know when you need $20 dollars for gas, food, debit card issues, etc.
Your true goal of the future is $100 dollars a day.
Only problem with future $100 dollar a day payouts in the future thats $700 dollars a week. I don’t know if you have the extra income or side income to do this. Where can you get income to do a $100 a day or $20 dollars a day for a whole year?
A sales bonus, a commission check or Tax Income Refund.
After working at H&R block I routinely saw lower income folks $40,000 and under with kids getting$2000 to $8000 dollar refund checks.
If they follow the bank certificate model and put away $20 dollars a day in the future 3 to 6 month bank certificate they could easily put that money away for a WHOLE year plus.
Good luck out there my friends.
If you are working the gig economy, put away money weekly if not daily. Use the side job or side business to create side income.