Financial Freak Show

This is for those of you that are paid on a bi-weekly basis. There are 52 weeks in a year so it works out that twice a year you’ll receive a third paycheck that month. It’s what I like to call the “Magic Month” The cool part about this is that the month isn’t any longer but the still magic happens and you take home an extra 50% – hence the name Magic Month. For Vinny Financio the magic is happening this month – right before your eyes.

Of course to make the Magic Month work for you I advise that like a true FinancialFreak you plan for this well in advance. Work these extra funds into your budget prior to getting that fat fist full of cash and take advantage of this magical windfall instead of letting it wander out of your life. No matter what your present financial situation is you can pay down some debts, shore up your big fat emergency fund, lock it away towards one of your savings goals, and maybe even blow a reasonable amount of it.

*Note I said blow a reasonable amount! As always let’s plan ahead, be responsible, have a little fun and make Mr. Financio proud. Remember we’ll likely have this same talk again in a few months so with a little discipline maybe it will be more talk about fun and less about paying debts!