I am trying to set a budget and stick to it. It's rather difficult, because since I work on an hourly basis, my pay isn't constant from week to week. I also get paid on the 10th and 25th of every month, which offends my sense of order because I can't just have the two categories of the first and second halves of each month.
This first paycheck, which I just got, is also unusual because it includes my pay for tutor training--eight hours I won't usually have.
Also, my two different jobs pay different amounts! It all gets rather confusing.
To add to all that, I have four bank accounts. I have a checking and a savings account from my mother's bank, which I have had since the beginning of college. Last year, when I was going abroad, I got a checking account and a savings account from Bank of America, since they have better terms for people going abroad. I also have a credit card from them.
Here is what I'm thinking as a budget. Obviously, once I graduate and have to pay rent and utilities, this will all have to be reworked.
15%: general spending
15%: short term savings
60%: long term savings
I have got a budgeting app called EEBA. The app doesn't seem to like a flexible income very well, but that's ok. We'll see how it goes. Since this paycheck is unusual, I'll just track my spending for the next two weeks and see what I spend. Then I'll input my actual numbers from the next paycheck and see how it goes. If anyone thinks another app is better than EEBA, let me know!
Sunday Night Journal, December 10, 2017
11 hours ago