WHEN THE MONEY FLOWS On this date . . . . . . these actions happen Last day of the month ▪ Your salary is direct-deposited into your checking account 1st of the month ▪ Part of your salary goes into your pension 5th of the month ▪ Automatic transfer from current account to savings account ▪ Automatic transfer from current account to stocks and shares ISA 7th of the month ▪ Automatic payment of bills from current account via direct debit or standing order ▪ Automatic transfer from current account to pay off credit card bill