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I need to learn how to budget...

November 16th, 2008 at 04:34 pm

I really do. I stink at it. If I made the same amount month to month it might be easy, but every month it's something different. The way it works is I bill the company for all the work I did for, let's say, October. Then for November, they divide that total up by four, take the taxes out, so I get four equal checks dated on the Fridays for the month.

I don't know why it's so hard. I think because things overlap (like the last check from X month goes towards paying the mortgage for the next month, etc.) And if I could get current on the bills, then I think that it would be easier to budget. I'm just so bad with numbers. I do think next week I MIGHT be able to get everything current, which would be a HUGE load off my mind.

I'm so paranoid because work seems really slow this month. I hope December is busier, but usually it's not Frown

I'm so stressed. Going to go take the dogs for a nice cold Sunday walk.

4 Responses to “I need to learn how to budget...”

  1. clubneary Says:

    I hear ya! I think we are in the same boat. I get confused because I am paid bi-weekly and the money coming in isn't always for a bill that is due that month. It may be for a bill that is due for the following month. I am always unsure of where to count that expense...I am usually good with a budget for 2 months and then I throw in the towel.
    Sounds like we could use a budget class!

  2. merch Says:

    What I struggled with in budgeting was not the actual budget for the month but the cashflow aspect. A lot of my bills are due around the 15th every month. There is no way my paycheck for that period will cover that.

    I basically needed to set aside money from each paycheck for various budget items. The first few months, I didn't believe it would work. Every month I had a budget and a funding plan and it worked for me. And each month it got a little easier.

    I think you are missing your funding plan for the budget. Which paychecks need to go to which items on your budget? I did use credit cards my first 2 months just to smooth out the timing of the funding.

    Good luck and I think you just need to persevere .

  3. Tightwad Kitty Says:

  4. Tightwad Kitty Says:

    Start tracking your spending and income, Check out my blog as I am redoing my budget for 2009. Some ideas on this blog your may find helpful. 'Petunia in an Onion Patch' blog -http://petunia.savingadvice.com/two-checkbook-system.html and
    'I Was Broke. Now I'm Not!' blog have some information in them you may find helpful.

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