I then list every bill that I will pay for each paycheck. I label it with who is getting paid, the amount, and the date we are getting paid. Has this ever happened? If you don't have a lot of money in your checking account, one mistake can cause you an overdraft fee.įor the paycheck bill tracker, I write down every paycheck that we will receive during the month. The day after having lunch with your girlfriend, you receive a notice from your bank that you over-drafted your account. Since the payment you made the day before didn't post yet, the money was still showing in your checking account.

You check your checking account to see if you have enough money to pay for lunch. Have you ever paid a bill online, and forget that you paid it the next day? The payment didn't post to your checking account yet, and you went and had lunch with a girlfriend. Looking at your money by paycheck allows you to make sure that all of your bills are getting paid, and are actually clearing your checking account. Not only do I look at our budget on a monthly basis, but I also look at it according to paycheck. The second page for each month in our budget binder is the paycheck bill tracker. Using the calendar above as an example, I would make sure I have enough money from our paycheck on the 13th to cover a birthday gift or extra money in our food budget to bring a birthday treat or snack. The monthly calendar also lets me plan for events, and adjust our budget for each paycheck accordingly.įor example, if I know I have a birthday party to attend on the 15th of the month, I will make sure to allocate extra money to the “personal” category of our budget. Highlighting allows me to see what bills I have to worry about paying and which ones I don't. I highlight all the bills that are pulled out of our checking account automatically in yellow. You can also reprint them and use them over and over every year.įor the monthly calendar, I write down our paychecks (in green), and then I write down when all of our bills are due. All of the printables are undated, which allows you to start using them right away. The first page for each month in our budget binder is the monthly calendar. Monthly or blank tabs to organize your printables by month ( I use blank ones like this)Īll of our budget printables are organized by month.The budget values that I used in this post are examples only. You can find all the Budget-by-Paycheck printables HERE. It allows you to track and monitor debt payoff and gives you a monthly overview of your financial plans. This system will allow you to track every dollar, make sure that every dollar of income has a job, and keeps you on track with your savings goals. I am a true believer in zero-based budgeting, and I know this system was the most important tool that I used to pay off over $20,000 worth of debt. This system is perfect for people who have limited income or have a hard time with overspending. Today, I am giving you an in-depth look at our 2017 “Budget-by-Paycheck” Binder. Trust me this method isn't just for poor people.Įven though my husband and I are no longer getting paid bi-weekly, we still use the same system. When creating our budgeting plan for 2017, I wanted to make sure that we set up a system that still allowed use to watch our money every paycheck, but also gave us the ability to look at our finances monthly.Īre you wondering why my family budgets our money by paycheck? Make sure to read this article to find out. That means every month we get a total of six paychecks. When he left, so did his bi-weekly pay schedule. I have budgeted by paycheck since 2011, and honestly, I wouldn't do it any other way.įive months ago, my husband decided to leave his job of over seven years to pursue more opportunities at another company. If you have read The Budget Mom for a while, then you know that I budget our money by paycheck. In this article, I am going to show you the exact steps that I use to budget our money, and how you can get the same system that I use. This week, I wanted to share something very special with you.

Binder budget planner