2/05/2010

Bi-Weekly Budget

Posted by with 4 comments | in
Here is this pay period's bi-weekly budget:

You'll notice quite a few changes as a result of the last few weeks that were in turmoil.  I wrote yesterday about my praise for emergency funds and that I decided that instead of taking ~$650 from my emergency fund account, I would just adjust my budgets for this week and next payday to cover the unexpected expenses.


  • I've transfered $50 from my ING annual expenses fund to help cover the cost of my car registration which I have to pay this month.
  • I've put a temporary stop on all ING savings/funds (except for the house fund) for this pay and next until I pay off my visa
  • My variable categories are the same (transport, food, entertainment, and other).  The entertainment is likely to just go to gas as I'll be trying to visit family this up-coming weekend
  • I've put my student loan lump sum payment on hold
The rest of my visa bill will be paid off next pay day.

Related Posts:

  • PAYDAYFriday was payday, woohoo!I actually netted about $50 more then I thought I would too - which is pretty fantastic! I have updated all of my side bars, including my networth to reflect all the savings/debt repayments.If you ch… Read More
  • Bi-Weekly BudgetsI'm curious how other people budget.I currently have a monthly budget set up, where I assume two payperiods a month. This would work if my bills and savings plans were also based on two pay periods a month, but every so often… Read More
  • My Jars - an UpdateJason from Canadian Savings  asked me a couple of great questions on my recent payday post that relate to how I use the jar system. Question One: How long do the jar amounts have to last you? I budget bi-weekly. … Read More
  • It's Payday!Hurrah, it's payday.  Here's a breakdown for the next two weeks. As mentioned last week, Jordan and I decided to but our house fund on hold for a month or two until things settle down with our housing situation.  … Read More
  • Bi-Weekly Budget - Today is PaydayBelow is a picture of the next two weeks. Things will be pretty tight because I got a much needed haircut and splurged on some Halloween decorations as well as some party favors and a gift for one of my roommates b… Read More

4 comments:

  1. Jolie5 February 2010 at 06:13

    I read this and I can't help but marvel at how much you have learned and accomplished since you started blogging.

    ReplyDelete
  2. Jessie5 February 2010 at 07:08

    @ Jolie - thanks!

    I don't know if I would have made the same decisions if I had run into so many back to back issues last year - it feels so good to have a plan.

    ReplyDelete
  3. Mom5 February 2010 at 07:13

    Good decision, girl. When you get to year-end, and are close to knocking out your Student Loans anyway, you could do the transfer then (from your EF to SL) cause you will have more in your EF and may decide that no SL is more important that a $2500 EF And thanks for buying dinner - It is awesome having a grown-up daughter.

    ReplyDelete
  4. eemusings6 February 2010 at 21:50

    It's fantastic that you can replenish your EF without too much hassle. Congrats on how far you've come!

    ReplyDelete

Hi! Thank you for stopping by and leaving a message.

Subscribe to: Post Comments (Atom)

Links ♥

Followers