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| *The Commerce Journal>>>Other - Business & Finance |
Budget time? |
$257/bimonthly for these bills: Biweekly, not bimonthly... sorry Normally in a stituation like this a salary income is necessary to determine a budget? So you will essentially have $514 per month to put towards these bills. $200 is not something that you can pay off so take that off the total immediately you are left with $314, Pay $214 towards credit cards and $100 to emergency savings. Once your emergency savings is at $1000 put all $314 towards paying off your credit cards, once those are paid off put the $314 towards savings. On months that you have an extra check put it all towards credit cards, until paid off then savings. Check out expenseRegister.com, http://www.expenseregister.com , it is a free online personal finance website. Once you register and login, go to the Budgeting feature, this will let you setup a monthly budget. It has good default values. |
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