If you have been looking for a budgeting system that actually works with your everyday life, then you need to check out this budgeting system!
The 2019 Budget-by-Paycheck Workbook combines three budgeting systems in one to form the ultimate budgeting tool. It combines the Calendar Method, the Paycheck Method, and the Cash Envelope method. There is no other system like it.
I have been a paycheck budgeter since 2011, and I wouldn’t do it any other way. Budgeting my income based on my paychecks has allowed me to pay off more debt, save more money (like my all-cash paid vacation to Cabo), and it has given me the freedom to spend money in a way that’s important to me.
Here is a detailed article on how I use the 2019 Budget-by-Paycheck Workbook!
WHAT YOU WILL FIND INSIDE THE 2019 BUDGET-BY-PAYCHECK WORKBOOK:
YEARLY SUBSCRIPTION WORKSHEET
If you are a member of Amazon Prime or Costco, you have a yearly membership fee you need to plan for. Save monthly for these expenses by taking the annual membership fees, and dividing by the number of months until your subscription is due. Don’t forget to include things like magazine subscriptions (hello, Magnolia Journal), gym memberships, or box services (food services or health and beauty subscriptions).
YEARLY SAVINGS WORKSHEET AND TRACKER
This is a new savings technique that I designed so I could stop paying for these type of expenses with my credit card and start paying them with cash instead. I wrote two detailed articles about how I use the Savings Worksheets:
- How to Save Money for Upcoming Holidays and Events
- The Savings Strategy That’s Preparing Me for the Future
You can also full video tutorials over on my IGTV Channel.
FINANCIAL PLAN GOAL WORKSHEET
Nothing is more important than having financial goals when starting your financial journey. Use the Financial Plan Worksheet to develop and write down short-term, medium-term, and long-term goals.
BLANK MONTHLY CALENDAR
The calendar helps you keep track of bills, shows you what bills to pay with what paycheck, and reminds you of special holidays and events for the entire month, so you don’t forget them in your budget.
THE ALL-NEW BILL TRACKER
One of my favorite worksheets in the new workbook is the newly organized Bill Tracker. There is no other budgeting worksheet like it. Instead of fitting six paychecks on one worksheet, you now only use one sheet per paycheck. This allows more room for listing out regular bills, a new area for your cash envelopes, savings plan, and extra debt payments.
THE CASH ENVELOPE BREAKDOWN WORKSHEET
This worksheet not only helps you figure out which bills and how many to get of each, but it tells you what bills to use for each envelope. When deciding what bills to pull out for my cash envelopes, I always start with high bills first. I then work my way down the lower bills to fill the remaining amounts for my envelopes. As I mentioned in the past, it’s harder for me to spend a $100 than it is a $10.
I manually track my expenses, and I use the highlighter method. If you are making a decent income, but feel like you are still living paycheck to paycheck or are just squeaking by every month, most likely, lifestyle purchases and spending habits are to blame. It’s time to find out where your money is actually going!
DEBT PAYMENT PLAN WORKSHEET
If you are on a debt payoff journey, you will love the new Debt Worksheet. There is plenty of room to write out a list of your debts, their interest rates, minimum payments, and current balances. I also give you guided formulas for figuring out your monthly progress as well as your overall debt progress using percentages and dollars.
NET WORTH TRACKER
Tracking your Net Worth and understanding your financial health is essential to your overall financial journey. The new Net Worth Tracker allows you to track progress over time and will enable you to compare progress month-to-month.
There is also a three-page monthly budget worksheet included with the 2019 Budget-by-Paycheck Workbook!
For a complete step-by-step guide on how to use 2019 Budget-by-Paycheck Workbook, check out this article.
When you download the printable worksheets, they are in the exact order that I have them in my own binder, but free to organize them in any way that works for you.
Please note that this product is sold as a digital download that you can print at home. You will be able to download it instantly after purchasing. You will receive the downloads in two separate PDF files as soon as you checkout. One will be the 126-page workbook, and the other will be the newly designed cover.