budgetteacher.com

1. All EXPENSES should by calculated as a WEEKLY/BI-WEEKLY Amount.                                                                                                                                                                                    WHY? – That’s when people normally get paid – either every                                week or every 2 weeks.                                                                                                                                                   2. When ANY Expense CHANGES–you NEED to Re-Calculate that                                Budget ITEM.                                                                                                                                                                                     3. You MUST KEEP ALL PAID BILL RECORDS for at least 1 YEAR.                                                                                                                                                                                  4. MONTHLY Expenses are Bills that you have to pay once a Month.                                                                                                                                                                                                              Divide these by 4 weeks (or by 2 if you get paid once                                       every 2 weeks).                                                                                                                                                                             5. YEARLY Expenses are Bills that you have to pay once a Year.                                                                                                                                                                                                   Divide these by 52 weeks (or by 26 if you get paid once                                   every 2 weeks).                                                                                                                                                                                              6. QUARTERLY Expenses are Bills that you have to pay every 3 Months.                                                                                                                                                                              Divide these by 13 weeks (or by 6 if you get paid once every 2                                    weeks).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   The BUDGET TEACHER