I do the budgeting in our household and i think i have it down pat now, each week when DH gets paid i bpay our bills straight away....we pay extra on the mortgage, electricity and rates each week then on alternate weeks i will also pay a bit of the mobile account, this basically means that when those bills (elect,rates,mobile) do come in they are at a very minimum if anything at all -although having said that in Dec i received a bill from optus saying we owed them xxx amount of dollars when i had already paid it on bpay but the three payments went missing!
Our budget is something like this:
Home loan $650
Pre-school $130
Fuel (two cars) $100
Food $250
Parking (Dh's work) $30
Extra's(play money) $100
Rates $50
Electricity $50
CC $150
Savings $200
This is an average week, it does change as DH gets paid different each week depending on what shift he does...so the above list is what we do on his highest paid week. The lowest week is pretty much the same except for CC and Savings they arent as much and sometimes not at all.
Last edited by westy; February 23rd, 2009 at 05:00 PM.
Per week, though we work fortnightly usually, since we get paid fortnightly, so everything is about double.And if we don't use the money, it gets put towards the mortgage for redraw monthly.
This is the minimum weekly earnings that we get. Some weeks DH and I earn more if I work an extra few hours a week and if he does more night shifts. In that case, the extra just gets put into savings for the kids or in the 'just in case' place, lol!! I like to have a bit of money on hand for 'justin'...
Per week, though we work fortnightly usually, since we get paid fortnightly, so everything is about double.And if we don't use the money, it gets put towards the mortgage for redraw monthly.
This is the minimum weekly earnings that we get. Some weeks DH and I earn more if I work an extra few hours a week and if he does more night shifts. In that case, the extra just gets put into savings for the kids or in the 'just in case' place, lol!! I like to have a bit of money on hand for 'justin'...
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