How to Structure Your Budget Using a Calendar
Create a calendar., Figure out how much you make each work day after taxes., Block out each work day with your spending., Don't forget to add "fun", "savings" or scheduled special events like birthday presents. , Create a calendar for the next three...
Step-by-Step Guide
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Step 1: Create a calendar.
It's best if you use a traditional wall calendar format on regular paper. -
Step 2: Figure out how much you make each work day after taxes.
(Your net daily wage) $15 an hour for 40 hours is about $80 a day, 5 days a week. , If rent is $400, and you make $80 a day, block out 5 days on the calendar.
RENT, RENT, RENT, RENT, RENT.
If you pay $80 a month on gas, block 1 day out on the calendar.
Repeat for all expenses until all work days are full. ,, Do it in one sitting. , When you want to spend un-budgeted money, refer to the calendar and see where you can "get" the money.
Update the calendar. , -
Step 3: Block out each work day with your spending.
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Step 4: Don't forget to add "fun"
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Step 5: "savings" or scheduled special events like birthday presents.
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Step 6: Create a calendar for the next three months.
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Step 7: Carry that month's calendar around.
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Step 8: Start thinking of your money as blocks (aka days) and refer to your calendar often.
Detailed Guide
It's best if you use a traditional wall calendar format on regular paper.
(Your net daily wage) $15 an hour for 40 hours is about $80 a day, 5 days a week. , If rent is $400, and you make $80 a day, block out 5 days on the calendar.
RENT, RENT, RENT, RENT, RENT.
If you pay $80 a month on gas, block 1 day out on the calendar.
Repeat for all expenses until all work days are full. ,, Do it in one sitting. , When you want to spend un-budgeted money, refer to the calendar and see where you can "get" the money.
Update the calendar. ,
About the Author
Theresa Hart
Professional writer focused on creating easy-to-follow home improvement tutorials.
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