Comment on Anon lives on a budget
Zannsolo@lemmy.world 2 days agoAsk for a raise. One thing that might help you stretch your money a bit further is utilizing a food pantry or food bank. Not sure if they are as common in Canada.
I was only off by $30 in my scenario compared to your situation. Having multiple accounts and using direct deposit to help divide your budget upfront just makes it easier.
Money isn’t a concern for me at this point in my life, but earlier in my career when my ex-gf had a significant amount of credit card debt doing our budget this way really helped and got her to be debt free.
MystikIncarnate@lemmy.ca 2 days ago
I need savings because all my bills land in the same week-and-a-half timespan.
So there needs to be all of the money in the account before that happens.
I know, it’ll balance itself out in the long term, but the weeks I don’t have bills to pay are usually the weeks that I need to refill the pantry, and end up spending more than I have allocated for that week so that I can eat.
I need to accumulate the base amount to pay all my bills when they come due, before I can really get started.
I know it seems really simple, once all my bills are done for the month, start then! Except there’s probably incidentals, like the food that I mentioned, that need to be purchased, that I just can’t afford on the $100 available for me that week. So I take what’s needed, and then I’m behind again. The cycle continues.
I had a very good system for this when I was getting paid twice a month. I took the ~400 or 450 or whatever (again CAD) from each paycheck, and I split my bills so that, by cost, they were roughly split between before-the-15th and after-the-15th pay periods. I’d get paid, take my share, let the bank do the rest, and when I get a notification for a bill I need to pay by hand, from my calendar app, I go and pay it in full.
Then I ended up with weekly pay and suddenly, I’m paying 130%+ of a weeks income to pay my bills on the same week.
It fucked me up man. I’m still pretty wrecked by it and it’s been like this for more than a year.
Zannsolo@lemmy.world 2 days ago
You should def hit up a food pantry, saving some money on food for a bit will help you rebalance your finances. Not sure if you don’t make much or live in a really high cost of living area but another thing to look into is the Canadian version of food stamps if they have it. There’s no shame in getting help!