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Budgeting monthly but get paid weekly
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I get paid weekly and have spaced most of the bills throughout the month so it falls inline with a new pay week.
Only ones that are end of the month are rent and council tax.
I also get to enjoy five week bonus month where the whole weeks wage is all mineMortgage started 2020, aiming to clear 31/12/2029.0 -
I am in a similar boat, husband just started a job which is weekly fluctuating pay. So I cant just times by 52 as there is no constant figure. I am paid monthly. Hes just completed his 1st full month and I'm finding it a full time job to keep on top of our finances and make sure we arent going to go overdrawn within any given week. I've taken my works cashflow spreadsheet, which is based weekly, and plugged in our figures. It's very manual and can only be accessed from my laptop. I've tried to convert it to a Google sheet so I have access remotely and on my phone, but I cant translate the formulas. I'd love a budgeting app that takes weekly income and expenditure into account - does such thing exist??
Use the method i stated above to work out how much you need to spend each month and when and make sure you have that money available.
Having a separate account for all your essential bills/automated payments and knowing how much needs to be in there makes this very easy to manage.0
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