Most employers pay you fortnightly, depending on your spending habits this can be a bonus, or confusing.  We decided to stick with what we had been used to and manage our money monthly. 

To do this, my fortnightly pay goes into WISE.  A minimum of 2 pay cycles goes in every month and on the last working day a set amount of money automatically transfers to a joint NAB account for direct debits, subscriptions, grocery vouchers, fuel and day to day expenses.  The rest stays in WISE for, travel, emergency purchases or transferred to high yield investments.

Managing our money monthly gives a nice 6 monthly treat.  Twice a year there will be 3 pays in a calendar month. We consider those 2 extra pay days as ‘fun money’ as they are not relied upon for any bills or investments.

Meaning, there is always money coming soon to tick off a bucket list item. Going to the New Years Eve fireworks at Sydney Harbour Bridge or Melbourne Cup for a flutter etc.