Aussie Girl
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Split your pay into sections: Maybe something like: 1/4 rent, 1/4 bank; 1/4 food and bills; 1/4 entertainment and clothes
Obviously it depends on how much you pay in rent etc but the day you get paid -
* withdraw the rent money and pay it,
* withdraw a percentage for bills and food budget (and put in an envelope or prepay them),
*transfer a set percentage into a seperate savings account and *what is left in the bank is for clothes and entertainment or luxurys until next pay day. |
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Candy
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You have to sit down and budget for the month, keep money out so it last you for the duration of the month......in the beginning its going to be difficult but youll get used to it after a few months. |
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BABY BELL
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I have always been paid monthly and actually find it easier as most bills and rent are monthly so i find it easier to budget exactly what i have to pay out and what is mine to spend.
Just remember not to go mad spending when you get paid remember it has to last the month and just be sensible and plan your outgoings. once you get used to it you will probably find it easier than weekly pay! congrats on promotion tho! x |
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jeff k
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Be very very strict with your spending for the first two or three months, it might be a little be tough at first but it will be worth it to yourself if you follow that little plan, too many people on monthly pay are kings and queens for the first week of the month and then peasants for the rest of the month, follow this little rule, try and save money in the first couple of months and you will be fine,
MERRY CHRISTMAS |
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Scottish Girl
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Ouch, That's painful. I went through the same thing and I struggled. If you make sure all the bills are paid up as much as you can afford and put money aside for travelling, make sure you take a packed lunch (saves a fortune). That should help a bit.
Most companies realise that these things happen and if you speak to them they will sometimes give you an advance on your wages, only problem with that is you will struggle next month again, but it may get you out of the bit just now.
Good Luck |
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Empress
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work out a budget now of your outgoings and ingoings and then stick to it |
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deaniebabes
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work out what bills you have to pay every month and how much in a month. Set up two bank accounts. Get your wages paid into one. Put all your bills on direct debit on the same account. Work out how much you need to keep in there to pay your bills and transfer the rest to another bank account. Then you know exactly what money you have to spend :o) |
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Jane2006
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give yourself a weekly allowance.... |
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♥Robin♥ (Scot,UK)
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Congrats on the promo - but the best thing to do is "hermitise" yourself until your first payday.
Bad time of the year to do it - but you'll love yourself for ever more if you hide from everyone and everything until that whopper lands on your availability/action now bank account.
This is good advice - but soooooo difficult to do.
Best of luck. |
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dubgirl26
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Well i would say your best bet is to only take out on a weekly basis what you do now that way your still only spending the same amount. you could sit down and work out a weekly budget which would also help. its sticking to it thats the problem :-) |
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bunny
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Ive done it myself and its not easy! Try to save as much money as you can before it happens so you have some to keep you going. Once you get your first months pay, make sure you pay your bills and give yourself an allowance so you dont go mad and blow it all at once! Once you get into it, you'll be fine, its just the first one thats tricky. |
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mre1952@btinternet.com
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Basically you have to get yourself two or three weeks ahead of your expenditure before you change job. The only other way is to borrow money. So start saving now! Then it should be painless.
Not what you want to hear, I know, but that is how it is. |
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grum
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the way i uesed to do it was to schedule all payments out (mortgage,rent,gas,leccy,council tax,ect.. )wthin a couple days of being paid. then try to buget the rest it never works i always used to be skint on the last week but at least all my outgoings were paid. |
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spacemonkeyspacemonkey
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divide your monthly pay by 4 that works out to how much you would get weekly. and just spend that |
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Spiky
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Get a credit card, thats what Im going to do. |
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