+ Reply to Thread
Page 6 of 6 FirstFirst ... 456
Results 51 to 56 of 56
  1. #51
    Join Date
    Feb 2012
    Posts
    144
    Thanks
    50
    Thanked
    84
    Reviews
    0
    Quote Originally Posted by CleverClogs View Post
    Wow. I am so impressed by how many people budget and do spreadsheets etc. Can anyone recommend a website? Also how about people who are not on a set amount each week . How do you budget for that? I think I am too scared to do a budget because I know we live out side our means.
    I just use an excel spreadsheet. Every pay is split between house/loan repayments, a set amount put aside for bills & food, then our fortnightly spending money. My DH's pay can vary, so I budget on his base pay and anything more is a bonus to go into savings.

  2. #52
    Join Date
    Feb 2016
    Posts
    1,490
    Thanks
    15
    Thanked
    910
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    We have a joint account plus an account in my name linked to a line of credit (wouldn't allow for joint). We both have cards for both and know the Internet banking details for both. DH usually jumps on and pays all the bills on payday and tells me how much is left over. We go shopping together as it means a trip out of town so we both know what is spent. If I want something, I don't need permission to buy it, I just ask if we have enough for me to buy it or if there is something else coming out I don't know about. I get a carers payment and sometimes get family tax benefit as I am a stay home mum, he earns the money. It's always been "our" money and we both have equal control.

  3. #53
    Join Date
    Jan 2014
    Posts
    1,939
    Thanks
    1,343
    Thanked
    599
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    We have joint accounts. All of our wages go into the 1 account then every week a portion is taken out for:

    - Bills account (every single bill is paid from here via a monthly direct debit or recurring bpay payment - set amount each week

    - Weekly direct debits - Eg mortgage, car payment, xmas fund, credit cards - set amount each week

    - Spending acc - Groceries, takeaway, fuel, going out etc - set amount each week

    - Savings - whatever is left over after the top 3 have been taken care of

    I handle all of our finances, hubby likes it this way and so do i, we have a very good system setup after alot of trial and error.

    We both also discuss big purchases and our financial goals for the year ahead.

  4. #54
    Join Date
    Dec 2015
    Posts
    2,467
    Thanks
    3,300
    Thanked
    1,333
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    For those that direct debit fortnightly/monthly to a bill account would it not be better for the money to be in your own account? I appreciate interest is limited these days but if you use a high interest online account to my mind at least it's me getting that small amount not big business!

  5. #55
    Join Date
    Jul 2015
    Posts
    6,912
    Thanks
    4,794
    Thanked
    4,237
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 posts
    Awards:
    100 Posts in a week
    Quote Originally Posted by binnielici View Post
    For those that direct debit fortnightly/monthly to a bill account would it not be better for the money to be in your own account? I appreciate interest is limited these days but if you use a high interest online account to my mind at least it's me getting that small amount not big business!
    this is what we do. the fortnightly bills amount that dh has taken out goes into an online high interest savings account. interest is stuff all these days but better in our account than some utility provider!!

  6. The Following User Says Thank You to turquoisecoast For This Useful Post:

    binnielici  (10-02-2016)

  7. #56
    Join Date
    Jan 2014
    Posts
    1,939
    Thanks
    1,343
    Thanked
    599
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    Since my last post, i am in the process of changing things. As i will be going on maternity leave soon and hubby is self employed, I am setting up every single bill to come out of a credit card designated only for bills. Then every time hubby gets paid, a portion of his pay gets paid onto that credit card used for bills.
    I would be really interested to see how others who are self employed or who have inconsistent pay cycles do everything? By doing this it alleviates some pressure & stress incase hubby has contractors paying slow.


 

Similar Threads

  1. how do you handle this toddler?
    By slipper in forum Discipline & behaviour
    Replies: 14
    Last Post: 13-03-2015, 10:03
  2. How do I handle this?
    By SpecialPatrolGroup in forum General Parenting Tips, Advice & Chat
    Replies: 6
    Last Post: 01-03-2015, 09:57

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
FEATURED SUPPORTER
Be In BlossomWe offer physiotherapy run pregnancy Pilates, pregnancy Aerobics, and Mummy Pilates & Baby Massage classes with a ...
REVIEWS
"Pigeon teats rule!"
by Alex
Pigeon PP Wide Neck reviews ›
"Wonderful natural Aussie made product!"
by Mrstwr
Baby U Goat Milk Moisturiser reviews ›
"Replaced good quality with cheap tight nappies"
by Kris
Coles Comfy Bots Nappies reviews ›