How to create a weekly budget (and why)
How to create a weekly budget. Weekly budgeting is a highly effective way to manage your spending and while staying on budget. Weekly budgeting works no matter how often you are paid. Its not about getting paid weekly, its about managing your discretionary spending on a weekly basis. To start, the foundation of weekly budgeting is finding how much you can spend each week on day-to-day expenses, which we call your weekly spending limit. We do this by subtracting your recurring expenses from your regular income. In this video, we go through an example budget so you can see exactly how you weekly spending limit is calculated as well as how you would track your day-to-day purchases.