Payday Routine Married with combined finances 2 kids + 1 due in August $130k salary

Payday Routine Married with combined finances 2 kids + 1 due in August $130k salary It's payday for my husband, so here's what we do whenever one of us gets paid. For a little bit of context, my husband is a mechanical engineer with a $130,000 salary, which makes his gross by weekly Gross pay $5,000 401k $250 *not his only investments* He contributes 5% to his 401k to get his employer match, which is $250. Taxes $1,147 And he gets $1,147 taken out for taxes. All of our other benefits are taken out of my paycheck, which brings us to his Net pay $3,603 net pay of $3,603. We are married and our finances are completely combined, so all of our paychecks go into our high yield savings account. We are also a month ahead, so we don't have to time our spending or when we pay our bills to when we actually get paid. And we also put pretty much everything we can on a credit card and then pay it off at the end of the month in full. So in doing it this way, our money sits in our high yield savings account earning interest, and then we also get points on our credit card for our spending as well. We budget monthly and that's how we track our spending, but I do like to budget each paycheck so I know that all of our bills and spending and everything we plan to do for the month is covered, no problem. So here's our actual plan for this paycheck now. The budget template that you see here is one that I created and I sell it in my stan store for just $10 if you want to get started with budgeting. So $2,692 is going to be for expenses that have gone on our credit card. So it will actually just stay in our high yield savings account until the end of the month when we pay the credit card off. The remaining $641 will be for our two debt payments. We have a $441 car loan and a $200 loan for our air conditioner. And now every dollar has a job. Let me know if you have any questions in the comments.