What’s the first thing you do when you get paid your salary?
Every one has budget and expenditure and different priorities of life. When your monthly salary get credited to your account, what is the first thing you do.
Distribute the amount in different sections and put some money aside for utility bills
Yes, first things first - the expenditure.
First i pay a 10% tithe to God for granting the blessing of having a job and the health and ability to do it. Second I pay the babysitter, then mortgage or utilities then other things like phone, internet, life insurance, etc. What ever money is left goes to food, kid's classes such as tumbling, gas, and if there is money for a movie, eating out, or just netflix then we do those things too. Somehow it all works out and we always have enough.
@That is nice, putting charity first always rewarded by All Merciful with more.
The first thing I do is pay the rent, then comes the rest of the house bills.. Last would be anything I might need around the house. I f I am lucky and there is a little left over, then I might do something for myself..
@Rent is what pay first, then monthly bills and then grocery, then school fees and assets purchase , what ever left is saving.
Go to the bank, deposit the check, make sure the bills are facing the same way and in the proper order. Then I go to purchase food. That's always what I do. Before I'm even paid, I already have each dollar planned out.
@planning a penny is what saves tomorrow.
The first thing I do is give my 18-year old daughter some money. If she's not happy, nobody is happy. Then I buy an expensive case of beer, as opposed to the cheap stuff I usually drink. Then I drink the case of beer. Then I deal with the rest of the bills for the month.
I personally will never do anything like this, this is not my priority.
My husband and I make sure that our bills are paid (i.e. rent, electric, car, etc.) first, but have already budgeted for food and gas. Since we get paid twice monthly, we budget certain bills to be paid from a particular paycheck. Any extra money goes to either paying down debts incurred at a more difficult time in our lives or getting something not too expensive that our entire family can enjoy together. We usually send money to charity monthly, because how can you make money and not give charity?
Planning every-penny, and remembering those who do not have penny while planning for penny is called social responsibility.
Haven't had a salary for a few years now, but it no different with your pension (believe me).
Pay a regular monthly amount to the Bank to cover the years household bills, if this wasn;t done it would be hard to catch up.
There is never much left each month but can't complain there are others a lot worse off. Thank God we have food on the table and a roof over our heads.
We may do a chinese once a month if a bill is less then expected, not very often though.
This is life, we have to live it, let us live it happily.
Pay any bills that are needed and put some money away for emergencies and savings for my children. Then food shop and for other items such as school shoes that are needed.
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