As I’m starting what I like to call my first “big girl” (aka an office job that’s not retail) job on Thursday, I have to split up my paychecks into my budget, and this is how I’m planning on splitting them up.
As a preface, I did switch my bank over to Capital One and I now have four separate accounts: a checking account for my personal use, a checking account that I will most likely use for my blog/business, a savings account, and a credit card account.
I plan on putting $100 in savings for every paycheck simply because I feel like it’s a good way for me to start building up a savings account. I will not touch the money in there purely because I want to be able to save as much as I can
Business/Blog Account: $50
This is a smaller amount because my blog/businesses aren’t making any money yet so they shouldn’t get as much income. However, I can spend a little on my blog like get things to review or some photo props but that is pretty much it.
Personal Checking: Rest of Income
My own personal checking account is going to hold the bulk of my paycheck, simply because of things like bills, groceries, etc etc.
How do you split up your paychecks?