We used to get Monthly pays but with a change in jobs at the beginning of the year we are back to fortnightly.
We were on Monthly for years and I didnt really think too much about it but there were a few things that I did.
1. Set up another bank account with NO card access
2. Organise for all loans/regular bills to come out of this account
3. Organise a set transfer for the amount of all bills/loans to be automatically transferred when paid each month or some companies will pay directly into 2 accounts.
4. Set up a isaver/direct account with high interest savings.
5. Organise a direct transfer of a set amount (it doens't have to be huge - $50-$100 or even less) into this account. Again make sure that you do NOT have card access to this account. This was our savings/emergency fund.
I used Internet banking a LOT!
The money left over is your money for the month. I then used to divide it by 4 and only spend what was supposed to be allocated for that week. I lived in a rural area so only used to shop every 2 weeks to monthly.
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