Money – The Best Kind of Leftover

By Melissa Tosetti

If you follow the Golden Rule of personal finance, which is to spend less than you make, then at the end of each pay period, there should be leftovers.

Unfortunately, as with the types of leftovers that lurk in refrigerators, financial leftovers too often get wasted. Instead of being tossed in the trash, they get spent mindlessly.

One of the habits our clients have easily and successfully adopted is to capture their leftovers.  As their next paycheck is deposited into their account, any money left over from their previous paycheck is transferred to their financial goal.  That goal could be:

  • Pay down credit card debt
  • Increase emergency savings
  • Bump up vacation or hobby savings
  • Put toward wealth building accounts

Not only does the habit allow you to focus that money, but the additional benefits are:

  • You begin to spend more purposefully because you see and feel the benefit of that left over money.
  • You see the tangible effect of the habit and become more confident as a money manager.
  • As you’re able to put more money toward your financial goals, your quality of life increases.

Give it a try this pay period and let me know how it goes.  Send an email to me at I look forward to hearing from you!


Melissa Tosetti is the founder of The Savvy Life and author of the international bestseller Living The Savvy Life. For the past eight years, she’s worked with over 450 individuals and families to create Spending Plans.

Melissa also works with financial advisors and their clients doing cash flow planning as well as giving over 200 Savvy Living presentations via webinar and in-person to audiences across the U.S.

If you’d like to learn more about how Melissa works with clients visit The Savvy Life’s Programs page.

If you’d like to learn more about how Melissa works with financial advisors and their clients visit: The Savvy Life Advisor’s Page