Put your paycheck to work
This Routine will automatically transfer a portion of your paycheck each month into a Savings Plan, so you don’t have to remember to save a portion of your deposits for a rainy day.
This Routine will automatically transfer a portion of your paycheck each month into a Savings Plan, so you don’t have to remember to save a portion of your deposits for a rainy day.
Automatically transfer a fixed amount or percent to a savings Plan after each deposit.
Deposit Account
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As the saying goes: pay yourself first. Easier said than done. Well, with the Paycheck Split Routine, consider it done. Set a fixed amount or a percentage of each paycheck to automatically move to a Plan of your choosing.
This is a pretty straightforward Routine: your paycheck comes in and a portion automatically moves to your savings. You set the amount and which Plan it goes to.
Before you start, you’ll want to have a Plan created to which you intend to send the funds. If you haven’t done that yet, you can do so in your Plans dashboard. For many, this would be an emergency fund, saving for a major purchase, or maybe a vacation. If you don’t have an emergency fund, we recommend you start there.
How to set up this Routine:
Pro tip:
You can build multiple Routines (up to 10), so duplicate this Routine for as many Plans as you want to auto-save into so that your entire paycheck is getting to work, safe from your regular spending and withdrawals in an interest-earning Plan. Send some funds to your emergency fund, some to that Plan for a new couch, and whatever else you’re saving for. You can edit or pause each Routine at any time if your savings goals change.
CORE ROUTINE
Paycheck Split Routine
Automatically transfer a fixed amount or percent to a savings plan after each deposit.
The best financial habits are the ones you can keep — so we built a way to make sticking to your goals easier than ever. Whether you’re focused on saving for the future or making smarter spending choices today, Routines are here to help.
We’ve created a library of Routines that will get you started in customizing your automated savings journey. Explore more below.
Automatically build your emergency fund with recurring transfers to your rainy day fund.
Build your down payment over time, automatically, with recurring transfers from external account to a savings Plan.