Admirable_Ad1947 OP t1_jegb41b wrote on March 31, 2023 at 8:19 PM

Reply to comment by Meewol in Is there a more efficient way to budget my money? by Admirable_Ad1947

Thanks! Currently all my money is in cash because I don't have a bank account and for some reason my work pays me via paper check like it's 1992. My current plan is to get a savings account as soon as possible so I don't have loads of cash in a random envelope in my closet. I feel pretty confident about being able to stick to my budget though. I had a $20/month allowance for a long time so ~$50/week is still a huge improvement to me.

Meewol t1_jegf7ug wrote on March 31, 2023 at 8:47 PM

That’s great!

A bank account will definitely be a big help. Not just practically but long term you’ll be able to have a base line to start your credit history with. Eg you can start paying for your phone via direct debit which will start adding to your credit score.