Hey everyone –
I may be overthinking this but I figured I’d ask. I am paid bi-weekly and I’m kind of worried I budgeted wrong. You see – I simply took my after tax yearly income and divided it by 12 (thinking it would give me an average monthly budget). In the budget section of the subreddit it’s saying to budget for 4 weeks – instead of having a monthly average.
If I were to do this it kinda wrecks my whole budget (ie. my rent is 30% of my income… that turns to like 34%). But I don’t want to screw myself over either…….any thoughts? Thanks!