My Windfall
Thursday, 22 May 2008 at 8:24 am (Shopping / Expenses, Spending Diet) (bare bones budget, paycheck)
Okay, maybe it’s not a windfall…it’s more like I’m an idiot.
When I created my Bare Bones Budget, I settled on $2409.97 as my monthly limit by adding two paychecks together since I’m paid every other week. I failed to realize that there are 52 weeks in a year, and I’m paid 26 times…which becomes 13 months.
So my REAL monthly budget should be $2608.33. I just “found” $200 a month…sort of. I was paid three times in February and will be again in August. This is pretty great, all in all. I figure that I’ll still try to keep to the Bare Bones Budget, but I probably won’t cry if I fail or something (I hate failure. The best way to get me to do ANYTHING is to make it into a competition with someone. I’ve never lost a staring contest because I will keep my damn eyes open while tears are pouring out from the strain before I’ll let myself lose—this is not terribly good for my eyes or for curing my stubbornness, but it’s awesome for my self-esteem).
Since I already had the one paycheck, I’ll only count the August one in with my budgeting and things. I figure that a lot of it will go to gas as I travel this summer, and some gifts from July through Christmas. And I can use this to show my best friend that yes, I can afford to live without a roommate. YAY!
CanadianSaver said,
Saturday, 24 May 2008 at 8:47 pm
I love those extra paycheck months! For me, on May 29th, I’ll get my 3rd paycheck of the month… the next one will be in November I think?!
livingpaychecktopaycheck said,
Monday, 26 May 2008 at 9:09 pm
Yep, I think it’s every six months. It’s nice that you have both to look forward to!