Introducing the “Banking Triangle”

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Now I'm going to show you a diagram that makes sense of your three types of expenses.

Take a new piece of paper and draw a triangle like the one below.

• At the top write the words “Your Day-To-Day Account”
• At the Bottom Right write the words “Your Bill Account”
• At the Bottom Left write “Your Future”
• Near each of these write some of the expenses from your list.

You have just drawn a picture of how your banking and budgeting fit together.

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