Payday Priorities is a real, workable alternative to traditional budgeting programs. Where most budgeting software forces you to plan on a monthly basis and keep track of daily expenses, Payday Priorities lets you map out future expenses based on your actual income.

What Payday Priorities does

Payday Priorities will tell you the total amount that you need to set aside from each paycheck for your expenses.  You can adjust the allocations to each expense at the same time as you’re entering your paycheck.  It will also keep track of how much of that total is allocated to each expense.  You just simply make sure that your separate “Priority” account balance matches the Priority account balance listed within Payday Priorities.

When it comes time to pay an expense, just withdraw the amount needed from that expense and Payday Priorities will create an action telling you that you also need to withdraw that same amount from your actual Priority account.

You can add, delete, modify, and reprioritize your expenses at any time.  Payday Priorities will adjust the allocations from each paycheck as needed.  Your only job is to make sure your real Priorities account balance matches what the Payday Priorities account balance says.

 A Sample dashboard of Priorities

What you’ll need

For the best use of the Payday Priorities system, you should have:

• A regular paycheck or source of income, whether it’s weekly, bi-weekly, or monthly
• A separate bank account or other means of separating allocated funds (this is referred to as your “Priority Account” within the application)
• The desire to practice better spending habits and rid yourself of unnecessary expenses

What you can do

With Payday Priorities, you can manage your finances and make sure your bills are paid on time, every month. Prioritized allocation means you’ll never have to worry about where the money will come from—when the expense is due, the funds will be there to cover it.

In addition to worry-free money management, Payday Priorities offers high flexibility for a variety of financial applications. Here are just a few of the things you can accomplish:

• Save for big purchases. With flexible, automatic allocation, you can easily plan for big-ticket items like vacations, new furniture, upgraded entertainment systems, and more. Simply enter the total price and the amount of time you’ll be saving for the purchase, and the application will calculate the allocation from each paycheck—and automatically adjust the amount if priorities or emergencies take precedence.
• Calculate new payments. Planning to buy a new car, take out a personal loan, or purchase something with installment payments? With Payday Priorities, it’s a snap to figure out what monthly payment you can comfortably afford.
• Build up and retain savings. If you’ve found yourself dipping into savings to cover unexpected expenses and promising yourself that you’ll return the funds later, only to end up never putting the money back, Payday Priority can help. This flexible budgeting system keeps you from having to fall back on your savings or credit cards, so you can pay bills with actual money while allocating funds to your savings—and leaving them there to earn interest.

Why it works so well:

• You can gradually allocate funds to your prioritized list of expenses instead of setting it all aside at once and then spending from it
• Allocations are automatically adjusted based on priority, number of remaining paydays, and current balance
• No need to convert monthly expenses into weekly or bi-weekly paychecks—the program intuitively calculates allocations that let you meet your priority expense needs

Why use Payday Priorities?

Our system lets you do things that typical budgeting applications don’t, including:

• Enjoying full security and peace of mind—unlike some applications, Payday Priorities does not link to your bank accounts
• Knowing how much of each paycheck is already accounted for, and how much you have for everyday spending
• Finding out at a glance whether you can afford new expenses
• Eliminating high-interest credit card spending and savings account skimming

Most budget systems are difficult to keep, with meticulous everyday spending records and one-time expenses that skew monthly results. Payday Priorities makes it easy to cover your expenses and enjoy your money.

Are you ready to stop stressing about your finances and start saving for the things you want? Click here to register for your Payday Priorities account.