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me again, question about bonus

mum2many
Posts: 244 Forumite
my husband gets a bonus twice a year, do i count this when using the MSE budget planner?
he gets on average £800 each tim, after tax
how can it really work as for 10 months the funds wont be going in the account.
he gets on average £800 each tim, after tax
how can it really work as for 10 months the funds wont be going in the account.
em x
Proud to be dealing with my debts
Proud to be dealing with my debts
0
Comments
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the only way to factor the bonuses into a monthly budget is to put it into a savings account and draw out £133.33 each month into your current account by standing order (not hard to do) but depending on how tight your finances are, you might want to leave the bonuses out of your monthly budget so that you can some luxuries or pay unexpected bills etc?
hope that helps a little?
Matt0 -
great idea and common sense really, thank youem x
Proud to be dealing with my debts0
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