[USER]

Hello, Can I have suggestions on my song up my new budget please

We used to get paid twice a month now it’s once
$4231 monthly income
Bills: $774
Expenses $1145
Savings $231
Left over $2081

I have a handful of bank accts set up to separate money
How should I go about paying myself throughout the month and keeping my budget

I’m a little nervous of this change getting paid once a month.

Any and all suggestions welcome thank you

[Melissa]

Your budget needs to be more detailed. What are you paying yourself for? It should be a category. Examples= Entertainment, Mani/pedi, Hair, Investment…

When you break your expenses into more detail it is easy to see where you need to cut back or when a catagory seems to be more and more each month.

Perhaps you decide you don’t want 7 coffee shop coffees.

Where are you putting the money you saved.

[Cora]

I’m paid monthly. Get paid in October, pay all bills on 11/1 for November. Once the money is gone it’s gone.

It took a few months to adjust, but now I prefer this one pay a month because it simplifies it for me.

[Kimberly]

Try to get and stay at least one month ahead. When your check comes in, put half in savings. Then you can discipline yourself like you’re getting paid twice.

Make a spreadsheet with all your bills and their due dates.

[Christina]

Wasn’t an issue for me, to be honest. We lived exactly the same way. I don’t mean to be dismissive, but it sounds like what you’re doing already is working.

[Annette]

I am self employed and have variable income from month to month. I stay a full 30 days ahead of bills.

I don’t pay them until they are due because my savings accounts are making me money.

[Author]

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