The tag is being used by TikTok and Instagram users, mostly members of Gen Z, who open up about how they spend their paychecks, down to the dollar.
“I got paid today! So let’s go through my payday routine as a 26-year-old PICU nurse living in Atlanta who is just getting into her personal finances.”
So begins a TikTok video by Michaelyn Wright detailing her “#paydayroutine,” a breakdown, to the dollar, of how she plans to allocate her twice-a-month paycheck.
Ms. Wright is a pediatric intensive care nurse who earns $96,000 per year. Her video is among thousands under that hashtag on TikTok and Instagram, sharing how much users earn and exactly where each dollar goes, from groceries and bills to savings accounts and taxes.
How it’s pronounced
/pā-dā rü-tēn/
It’s part of the social media trend toward greater transparency around finances, but it pushes the needle further by modeling ways to budget.
