Booney wrote:HH3 wrote:Mrs HH3 gets paid fortnightly, whereas I get paid weekly, so all I do is get her to give me 2 weeks worth of for the bills and put half in a separate account and pretend its not there til the next week.
I do the same thing if I get paid in advance for whatever reason (pay day being a public holiday, Xmas holidays, etc.)
Really all you need to do is divide it by however many weeks it needs to cover and "pay yourself" weekly. Just need discipline not to touch it.
You don't drink or punt, do you?
I punt. It doesnt matter anyway.
Say you get paid $3200/mth.
Put it all in an account.
On payday (lets say Monday) take $800, leaving $2400 in the holding account, pay your weekly bills, have the rest as spending money.
The following Monday, take $800, leaving $1600 in the holding account, pay your weekly bills, have the rest as spending money.
The following Monday, take $800, leaving $800 in the holding account, pay your weekly bills, have the rest as spending money.
The following Monday, take $800, leaving $0 in the holding account, pay your weekly bills, have the rest as spending money.
The following payday, get paid. Rinse and repeat. You now get paid weekly.