Why does my bank account always go bust on payday
Sep 26, 2025
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Financials easily falter if patterns of repeated spending are not checked and managed. Let's see what my current habits are and experience the pride of leaving a balance on the next payday.
Starting with fixed expenditure 'Crowd'Payment
If you pay fixed expenses such as monthly rent, utility bills, insurance premiums, and card bills as soon as your salary comes in, your bank account balance will be cut in half in an instant. As a result, a vicious cycle begins, in which the cost of living is insufficient for a month. Let's divide the automatic transfer date into the beginning, middle, and end of the month, or create and manage a separate account dedicated to living expenses. Let's make a habit of organizing fixed spending lists and adjusting payment timings.
Enjoy spending rewards as soon as you get paid
In many cases, clothes, shoes, eating out, and drinking alcohol are planned immediately after the salary under the pretext of `You've worked hard this month as well.' This compensation consumption does not end once, but is easy to become a habit. The problem is that the illusion of "You can live with the remaining money" is the cause of the rapid emptying of your bank account. Let's set a budget before compensation consumption and limit it to once or twice a month. For example, if you cook at home or enjoy a cheap hobby instead of eating out, you can get satisfaction while reducing your spending.
Subscribe service automatic payment confirmation neglected
Netflix, YouTube Premium, music streaming, cloud storage, and regular subscription services are automatically paid every month, but they are often used less frequently. The forgotten service eats away at the bank account. Check the subscription service list once a month, and boldly cancel duplicate or unused services. For example, OTT services can save money by integrating them into one or two or sharing them with family members. It is also a good way to recognize automatic payment by setting a payment notification.
Next month's salary advance expenditure by card installment
Card instalments such as '3 months interest-free' feel less burdensome, but after a few accumulations, next month's salary is already scheduled to be spent. In particular, if you are attracted to interest-free events and make impulse purchases, your financial plans are likely to collapse. Check the card usage once a month, and use the installment only for essential items. Setting the budget and including the installment amount in the monthly expenditure plan makes it easier to predict the balance of your bank account. Let's make a habit of using the card as a basis for "Can I pay in cash?"
impulsive online shopping
They are often attracted to discount events or recommended products in online shopping malls and make impulsive purchases. In particular, spending increases with a few clicks as consumption leases immediately after salary. Let's decide to buy it after 24 hours of thinking about what we need. If you put it in a shopping basket and review it a day later, you can reduce unnecessary expenditures. It is important to turn off shopping app notifications and to weigh actual needs before using discount coupons.
Unbudgeted participation in dining out and gatherings
Friends meetings, meals with colleagues, and weekend outings are the main reasons for quickly exhausting salaries. If you frequently participate in dining out and gatherings without a budget, your spending will snowball. It's a good idea to set a monthly budget for eating out. Finding alternatives to reduce costs, such as meeting in cheap cafes or parks, will reduce the financial burden. It is also a good idea to check the expected expenditure by checking the menu and price before the meeting.
Salary is a limited resource, and expenditure is prone to subconsciously repetition. Let's check the habit of threatening my bank account now. Financial management becomes easier with small efforts to record spending and budget. On the next payday, let's experience the joy of having a balance, not a huge one, and make a solid bank account with a smart consumption habit.
This article was translated by Naver AI translator.
