It’s a tough world out there. When it comes to paying bills, we are bottomed out and can barely survive. That is why bringing in the idea of the half payment method will be beneficial to your finances.
The idea is, if you get bimonthly paychecks, and have a reoccurring bill payment every month, such as a phone bill, you want to take half the amount of your phone bill out of your first paycheck and put it away. Say your phone bill is $100 every month, and your first paycheck of the month is $500, take $50 out of your paycheck immediately and put it away. Do the same thing with your second paycheck.
This method will allow you to be less stressed when trying to come up with the money at the beginning of the month because you already put it away and are not spending money just because you see that you have it in your checking account. If you don’t have the money visible, you will not spend it. So by the time you have to pay your phone bill, you will be prepared! Managing your money will be a lot easier if you implement this method into your finances.
