How to Make a Two-Week Budget Work for You
Todd Christensen, Education Manager
Debt Reductions Services, Inc.
Creating a budget is an essential part of financial planning, but it can be challenging to do so with bi-weekly paychecks. Bi-weekly pay periods are common in many workplaces, but they can make budgeting more complicated than the traditional monthly or bi-monthly paycheck.
Why are household budgets more difficult to manage with bi-weekly paychecks than bi-monthly paychecks?
Bi-weekly paychecks create more income fluctuations than bi-monthly paychecks, making it harder to budget accurately. With 26 pay periods per year instead of 24, budget adjustments are required more frequently. [Read more…] about The Ultimate Guide to Budgeting with Bi-Weekly Paychecks