That’s why listing out your bills on a calendar is so important: You need to see what bill due dates need to be shifted, if any, and if you have any big bills that you need to split up. To do this, save half of the bill with your first check of the month, and then save the other half with your next check, and then pay the bill when it comes due. Since we are budgeting biweekly, the best method to manage your big bills throughout the month is to split them in half! This helps ease the burden of big bills like car payments, mortgage, etc. In that case, work your budget to save half and pay the rest as it makes sense.ģ. Of course, some bill due dates may not be movable. Moving around bill due dates tends to be a simple task and most, if not all, companies will want to work with you. If this is your first time putting together a biweekly budget, listing your bills will also give you an idea of what due dates you need to shift based off of your biweekly income.

You may want to move the dates of when you pay certain bills or call your billers and ask them to change the date of your billing to make it work better for you. Listing your expenses will give you an idea of how much to budget in your biweekly budgets, which bills will be paid with each check, and what dates you need to have your money ready by. You can also list these bills with their due dates beside them, or use an electronic calendar/planner. Next, you need to write out all your bills and expenses to see how they will line up with your biweekly budget! Print out a monthly calendar similar to the one above and write down what your bills/expenses are, how much they are and when their due dates are. You can also go over last month’s budgeting wins and things that you may need to work on in the future.Ģ. This will ensure that you are prepared for the month ahead, that you go over what bills are coming out and that you are prepared to save for upcoming expenses like holidays, birthdays, or car maintenance. I suggest setting aside 30-60 minutes the night before a new “month” starts to write out both of your biweekly budgets. Even if it’s not an exact number, it’s better than using no data to begin your biweekly budget.

Budgeting based off of your average income amount gives you a starting point so that you’re not just pulling numbers out of thin air. This is what you can expect in your monthly income. How do you find out what your average income amount is? Take your income for the last 6 months and divide it by 6. If you’re not sure what you’re going to be paid every 2 weeks, use what you have and start from there.Īlternatively, if you are on a fluctuating or inconsistent income, budget based off of your average income amount. It also works for those paid on commission or in the gig economy.

This system works particularly well for people who are paid biweekly.

Easy budget template printable