Something I did after getting married but wish I’d done all along:
Two different accounts. (Three if married.) One for income and non-discretionary spending. One (per person) for “allowance”, which gets a set amount transferred from the main account every week.
Keeps your essentials partitioned from the fun stuff, which keeps the essentials safe and the fun guilt-free. And it allows you to have a steady stream of allowance even if you only get a paycheck monthly or biweekly.
People paid once a month:
I get paid once a month and it sucks big time…
Have you tried pretending the last $1 million in your bank account is zero dollars?
Too busy pretending the $0 in my bank account is $1 million
I have a friend who gets paid quarterly…
Accountants must love that job
