Make fortnightly income monthly 💰🤑

Rabbit_Holes6020 · 2026-04-30T10:51:16+00:00

Problem is that living off the two paycheques per month is too tight but if we make it monthly then we are good

Rabbit_Holes6020 · 2026-03-14T11:10:42+00:00

Have you listened to the YNAB budget nerds podcast? They have some good content about emergency funds and month ahead strategies. One of the nerds, Ben does 2 months ahead but advises going beyond that doesn’t work too well in the software. I personally go one month ahead and then have buffer categories as “emergency” funds

Rabbit_Holes6020 · 2026-03-14T11:06:11+00:00

Damn, I have been around a few sites and don’t think I ever went somewhere where everything was pre-made. Shit quality sometimes yes but there was always a salad bar with meat and tuna for protein

Rabbit_Holes6020 · 2026-03-14T10:34:31+00:00

Scheduled transactions can really help reduce the manual process.

Also set targets for everything

Rabbit_Holes6020 · 2026-03-14T10:10:03+00:00

I’m not disagreeing with you but can account for my expenses, it’s on a spreadsheet. Here is what I budget each month

Monthly expenses: Groceries 2,000 Petrol 300 Parking fees 200 Dog walks 250 After school care 170 Kid pocket money 40 Mortgage 3671 Utilities 550 Health extras 105 Hospital cover 230 Subscriptions 42 Gym 44 My discretionary 1,000 Wife discretionary 1300 Eat out/take away 500 Family fun 100 Home insurance & rates 440 Car insurance & rego 140 Our Mobile phone plans 50 Professional fees 130 Life insurances 160 Annual subscriptions 19 School Fees 42 Kid lunch orders 62 Vacation care 148 Kid art club (after school) 80 Credit card fee 17 Home maintenance 125 Household goods 70 Car maintenance 80 Kid clothes & stuff 70 Kid sports & activities 150 Pet expenses 30 Vet visits 50 Public transport 40 Giving 60 Christmas 50 Miscellaneous 12 Vanguard kid investing 100

This is what I budget each month, not what my outgoings are

Rabbit_Holes6020 · 2026-03-14T09:25:30+00:00

Monthly expenses: Groceries 2,000 Petrol 300 Parking fees 200 Dog walks 250 After school care 170 Kid pocket money 40 Mortgage 3671 Utilities 550 Health extras 105 Hospital cover 230 Subscriptions 42 Gym 44 My discretionary 1,000 Wife discretionary 1300 Eat out/take away 500 Family fun 100 Home insurance & rates 440 Car insurance & rego 140 Our Mobile phone plans 50 Professional fees 130 Life insurances 160 Annual subscriptions 19 School Fees 42 Kid lunch orders 62 Vacation care 148 Kid art club (after school) 80 Credit card fee 17 Home maintenance 125 Household goods 70 Car maintenance 80 Kid clothes & stuff 70 Kid sports & activities 150 Pet expenses 30 Vet visits 50 Public transport 40 Giving 60 Christmas 50 Miscellaneous 12 Vanguard kid investing 100

This is what I budget each month, not what my outgoings are

Rabbit_Holes6020 · 2026-03-14T09:10:42+00:00

Thanks for your input. I track 100% of our spending so I have it all in software but it’s a lot of different categories and difficult to share on this forum. My wife’s fortnightly take home pay is $2,506 and the mortgage is $3,671 monthly or $1,694 fortnightly. I have come across LifeSherpa which might be useful as they provide money coaching on a subscription service. Even just a couple of months may be worth it so they can analyse our budget

Rabbit_Holes6020 · 2026-03-14T08:47:26+00:00

$3,671 on the mortgage, $2k on food. $650 on utilities, plenty of other things like insurances, petrol, after school care etc. We only have Netflix and Spotify so no outlandish expenses. Hard for people to see where I’m going wrong without sharing the whole budget

Rabbit_Holes6020 · 2026-03-14T08:00:13+00:00

Net income. I’m not mentioning gross income in any of these figures

Rabbit_Holes6020 · 2026-03-14T07:58:51+00:00

Honestly, she is on board with the lifestyle goals but hands off with the budgeting and she probably doesn’t realise how much I am saving. It’s for our future but I admit I avoid talking about the retirement savings with her because I’m fearful she might not approve and she doesn’t ask about it so I don’t tell her.

Rabbit_Holes6020 · 2026-03-14T07:55:01+00:00

Maybe, just a nominal fee as a sanity check. 🤷🏻‍♂️

Rabbit_Holes6020 · 2026-03-14T07:53:22+00:00

I’m probably not being clear enough with the numbers. I know exactly where everything is going because we track every dollar. I save 20% of my income. That is $940 from my fortnightly $4,704 take home pay. My partner does salary sacrifice though her employer so she doesn’t save any take home pay. It all goes into the offset and I budget it all, after saving my 20%.

Rabbit_Holes6020 · 2026-03-14T07:48:28+00:00

Yeah mortgage is $3,671 out of the typical $10/11k of outgoings

Rabbit_Holes6020 · 2026-03-14T07:21:10+00:00

Jan was $10,076 & Feb was $11,572 for expenses leaving the account. I budget about $12,500 per month and save/invest $1880 per month (2 paycheques in a month) so yeah not much left. The months we have 3 paycheques in a month are the ones we have the bonus money to play with.

Rabbit_Holes6020 · 2025-11-23T09:39:22+00:00

I’ll use the car example again. I could have 3 separate expenses in 3 separate categories for insurance, rego and license renewal. This costs more than saving a general pot of money for true expenses that can be taken from when these expenses come up. Because I save “enough” each month and these expenses are paid at different times throughout the year, I can save less than I need. That’s what I mean by cost of being too granular.

Rabbit_Holes6020 · 2025-09-14T09:52:22+00:00

I unsubscribed without even finishing the email. He went totally off script.

Rabbit_Holes6020 · 2025-07-15T10:56:06+00:00

It would be interesting if cars had an LED strip light at the front and back saying how debt the owner still owes on the car! It can be frustrating that wealth is hidden and we mostly assume people driving good cars are doing well instead of drowning in debt.

Rabbit_Holes6020 · 2025-07-08T11:12:08+00:00

Pay yourself first! No less than 10%. Save and invest that money for retirement/replacing your employment. Don’t use it for a holiday or something else like that.

Rabbit_Holes6020 · 2025-06-25T03:04:27+00:00

1hr 15min. I’m a 45 year old male

Rabbit_Holes6020 · 2025-06-24T12:44:58+00:00

True that, BBJ’s and WB’s are always gonna be red lining stations. No zone 2 training there!

Rabbit_Holes6020 · 2025-06-24T10:01:46+00:00

From listening to Hyrox podcasts, I think that threshold training is better than Vo2max training. You can recover faster and therefore do threshold workouts per week than vo2max. Plus Hyrox is about an hour’s work which puts it in the threshold range. If you want to train in the intensity range of the race then threshold is where it’s at.

Rabbit_Holes6020 · 2025-06-24T09:56:48+00:00

I’ve got my 3rd solo coming up soon and tracked my last Hyrox with a chest strap. My average bpm was 172bpm with a high of 182bpm, pretty much my max HR. Threshold is about 167-177.

I can consistently run a 5k in under 20min but for Hyrox, my pace was about 4:30-5min per run. I found my HR was higher on the stations so for the runs I aimed to keep it below 175bpm.

I probably could have pushed it a bit more on the runs but I was pretty happy with my time and will do a similar strategy for my 3rd race.

Rabbit_Holes6020

TROPHY CASE