- Sat Oct 27, 2007 6:52 pm
Hi, pjs, that's what I've done for the last 18 months, and it's been really successful, I've never (in that time) had a bill I couldn't pay, and I've even had the occasional treat!
Don't know how you're doing it but I worked out the annual costs of everything: health, utilities, insurances, Christmas, etc and divided each one by 12 to get a monthly amount. I have a ledger page (just a table in MS Publisher, don't know how to do anything fancier) for each category and log the money in every month and the bills out as and when.
I have a co-op savings account that I put that money into, so that it doesn't lie around my current account looking available!!
It takes about 5 minutes on payday logging it in and about 20 seconds to log out when I need to ~ it has been SO worth it! Cash only for me for evermore!
Good luck with yours.