P
Paige L.
When you can budget what you make Vs what goes out, it will teach you how to save as well.
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When you can budget what you make Vs what goes out, it will teach you how to save as well.
I have peen paid weekly, bi-weekly, and monthly.
For savings it was always harder to save when paid weekly because the amounts of cash coming in were smaller which made me feel like saving wasn't getting me anywhere.
Bi-weekly was probably just right because even if I had to miss making a savings deposit I could make it up in 2 weeks.
I'm now paid monthly and it's a struggle to make sure I don't have more month than money. But if I can avoid the temptation to declare every 3rd week "an emergency" excuse to tap savings it is rewarding to see those larger deposits. OTOH some months basically become 5 weeks for payday so it pays to plan ahead and adjust spending.
Now that a have a small child to care for budgeting is my number one priority with money when it comes to everyday spending and shopping because an entire emergency fund is necessary with a baby
I'm paid bi-weekly and have committed to saving each pay period. I started with as little as $10 and worked my way up to $50 as I paid off other debts.
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