Comments on: Need Help With Your Budget? Try a Weekly Budget http://www.moneyunder30.com/need-help-with-your-budget-try-a-weekly-budget Simple, Honest Financial Advice Thu, 09 Feb 2012 22:53:06 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: marissa http://www.moneyunder30.com/need-help-with-your-budget-try-a-weekly-budget/comment-page-1#comment-14270 marissa Mon, 21 Nov 2011 00:29:53 +0000 http://www.moneyunder30.com/need-help-with-your-budget-try-a-weekly-budget#comment-14270 I have never thought of budgeting weekly. Although the idea is not new, I have always budgeted monthly. That hasn't always worked out so well, so maybe weekly would work better. I have never thought of budgeting weekly. Although the idea is not new, I have always budgeted monthly. That hasn’t always worked out so well, so maybe weekly would work better.

]]> By: Erin http://www.moneyunder30.com/need-help-with-your-budget-try-a-weekly-budget/comment-page-1#comment-11709 Erin Mon, 15 Aug 2011 15:18:40 +0000 http://www.moneyunder30.com/need-help-with-your-budget-try-a-weekly-budget#comment-11709 Sell both. Sell both.

]]> By: Ryan http://www.moneyunder30.com/need-help-with-your-budget-try-a-weekly-budget/comment-page-1#comment-7754 Ryan Mon, 01 Nov 2010 21:18:42 +0000 http://www.moneyunder30.com/need-help-with-your-budget-try-a-weekly-budget#comment-7754 I spent a year in Canada and when I came home (the UK) I was pretty much broke, had no house and no job. I spent the majority of the summer living on my mates couches and limiting myself to £5 a day maximum. For instance, £3.50 will buy you 12 potato waffles, 4 cans of beans and 2 litres of orange juice. With this in mind, I gave up drinking (a pint on average being £2.20) and had to eat as many calories in a few meals as possible. I kept to the budget for 2 months and barely overspent. Whn I restarted university, I continued my new frugal lifestyle and it has definitely helped me out financially. Though I had to do this out of desperation for money, in the long run, it really is beneficial. I spent a year in Canada and when I came home (the UK) I was pretty much broke, had no house and no job. I spent the majority of the summer living on my mates couches and limiting myself to £5 a day maximum. For instance, £3.50 will buy you 12 potato waffles, 4 cans of beans and 2 litres of orange juice. With this in mind, I gave up drinking (a pint on average being £2.20) and had to eat as many calories in a few meals as possible. I kept to the budget for 2 months and barely overspent. Whn I restarted university, I continued my new frugal lifestyle and it has definitely helped me out financially. Though I had to do this out of desperation for money, in the long run, it really is beneficial.

]]> By: Caribou http://www.moneyunder30.com/need-help-with-your-budget-try-a-weekly-budget/comment-page-1#comment-5209 Caribou Tue, 27 Apr 2010 17:45:56 +0000 http://www.moneyunder30.com/need-help-with-your-budget-try-a-weekly-budget#comment-5209 5) For the most part, my budget is monthly, but I do budget weekly for entertainment and other variable non-essential costs. Basically I allow roughly 3% of my bi-weekly paycheck/week for things like lunches, movies, gifts, golf, and clothes. The rest of my money goes to bills, groceries, retirement, a small buffer in my checking account, and a general savings account I attempt to never touch with a few exceptions (such as if I wanted a new car, needed car repairs, home repairs/improvements, Christmas shopping, and so on). If I don't spend the entire 3%, it rolls over to the next week. Sometimes it works out that I have quite a lot saved up in my little entertainment fund and can make a large purchase, other times I really have to think about bringing my lunch to work that day because I’ve already spent my allotment for the week. So far I’ve still managed to live a pretty fun life. I’ve been trying to save up for a $650 purchase for about 2 months now, but other things keep taking precedent (such as going on a wine tasting tour this weekend). It’s actually a bit frustrating… I know I could just go buy it (and 2 years ago I would have), but then that kind of blows the whole idea behind a budget. As frustrating as it is saving for this item, I’m pretty proud I haven’t just broken down and bought it. And because I’ve taken this mindset, my general savings account and my retirement accounts are doing extremely well, and I’m proud of that too. 5) For the most part, my budget is monthly, but I do budget weekly for entertainment and other variable non-essential costs. Basically I allow roughly 3% of my bi-weekly paycheck/week for things like lunches, movies, gifts, golf, and clothes. The rest of my money goes to bills, groceries, retirement, a small buffer in my checking account, and a general savings account I attempt to never touch with a few exceptions (such as if I wanted a new car, needed car repairs, home repairs/improvements, Christmas shopping, and so on). If I don’t spend the entire 3%, it rolls over to the next week. Sometimes it works out that I have quite a lot saved up in my little entertainment fund and can make a large purchase, other times I really have to think about bringing my lunch to work that day because I’ve already spent my allotment for the week. So far I’ve still managed to live a pretty fun life.

I’ve been trying to save up for a $650 purchase for about 2 months now, but other things keep taking precedent (such as going on a wine tasting tour this weekend). It’s actually a bit frustrating… I know I could just go buy it (and 2 years ago I would have), but then that kind of blows the whole idea behind a budget. As frustrating as it is saving for this item, I’m pretty proud I haven’t just broken down and bought it. And because I’ve taken this mindset, my general savings account and my retirement accounts are doing extremely well, and I’m proud of that too.

]]> By: Brandon http://www.moneyunder30.com/need-help-with-your-budget-try-a-weekly-budget/comment-page-1#comment-3230 Brandon Fri, 09 Oct 2009 17:37:41 +0000 http://www.moneyunder30.com/need-help-with-your-budget-try-a-weekly-budget#comment-3230 I budget weekly and have for the last year. It makes every expense seem so much more manageable. When you look at the expenses monthly it seems like alot. Weekly budgets especially help with adding to savings. I budget weekly and have for the last year. It makes every expense seem so much more manageable. When you look at the expenses monthly it seems like alot. Weekly budgets especially help with adding to savings.

]]> By: Tameka http://www.moneyunder30.com/need-help-with-your-budget-try-a-weekly-budget/comment-page-1#comment-806 Tameka Sun, 01 Feb 2009 14:00:34 +0000 http://www.moneyunder30.com/need-help-with-your-budget-try-a-weekly-budget#comment-806 Hello, I was wondering what I could do to get rid of one of my debts as soon as possible. My goal is this year. I have two debts 1) timeshare owe $12,000 payments $275.00 month and 2) my vehicle owe $20,000.00 payments $547.20 month. I work part-time which pay well. I am in grad school part-time also. I am currently looking for full-time employment. What do I need to do? Hello, I was wondering what I could do to get rid of one of my debts as soon as possible. My goal is this year. I have two debts 1) timeshare owe $12,000 payments $275.00 month and 2) my vehicle owe $20,000.00 payments $547.20 month. I work part-time which pay well. I am in grad school part-time also. I am currently looking for full-time employment. What do I need to do?

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