The best tips to get you through the week before payday
Below are tips to get you through the week before payday. So according to www.paydaynow.net, there are ways to manage money and they get you through the week before payday. Some of these tips will show you how to do your taxes and your budget so that you can make the most of each dime.
Make a list of all the bills you owe and how much each bill is
Write the amount down on a piece of paper so you can see where you stand. If there are a lot of late or overdue payments on one bill, it’s better to pay the bill immediately.
With a shortlist of all the bills you owe, take out a debit card from your checking account and make a deposit with each account. Only deposit money you will use for that bill. Don’t put it in your checking account to pay off other bills that are due at the same time.
Write down the check number and the payment terms on each check you receive
This way, you will have an idea of how much each bill is going to cost. When you go to the bank, look up the payment terms so you will know exactly how much you need to pay.
For those bills that are due on or before your next paycheck, you can pay them off when you get your next paycheck. However, if you must take care of the outstanding bills before your next paycheck, make sure to sign a receipt. You may want to also send the bank a written reminder that shows you sent in your payment on time.
Consider whether you need to have extra money available
Plan a reasonable budget that you can live with until you get your next paycheck. If you have extra money, use it to pay down the balance of your bills.
Before making any major purchases, figure out what you will be spending your money on and how much money you will be bringing home after paying for your items. Also, consider what you need for your dream vacation. Do you really need it?
It is better to cut back on entertainment than it is to overspend on it. Most people will find that they enjoy watching TV more than they enjoy going out to dinner. Spend the money on movie tickets or other forms of entertainment that are important to you instead of eating out every night.
Ask for coupon or sales that might be available
Ask the store manager or the cashier about any coupons or sales that might be available. Look for coupons in the paper or online for free things or seasonal sales. You may be able to save some money by using coupons instead of buying the free stuff.
Keep track of your credit card payments. It may seem silly to have such a budget, but many people forget to account for the bills they receive each month. By keeping a record of your payments, you can begin to cut back on unnecessary expenses.
Before you leave for work, make a list of the things you need to do before you get to work. This way, when you get to work, you won’t be rushed and you will be able to focus on getting your work done. Think of the things you need to do as priorities and you will be able to get more done quickly.
These are the tips to get you through the week before payday. They will help you manage your money well and make sure you don’t run up debt.