Date Ideas Dating on a Budget Community Q&A Are you on a tight budget?
Even the classic dinner-and-a-movie date can be a real bank breaker.
Let’s take a look at some of the best ways to keep to your budget when out on a date, and we’ll even throw in some low-cost dating ideas to get you started.
Let’s begin by stating the obvious: Mastering your financial situation is sexy. Budgeting means you know where your money is going, which in turn gives you the freedom to spend money where it’s actually important. If you spend money without care or consequence, there’s a good chance your other necessary expenses will be neglected.
So yes, that moonlit fancy and expensive dinner may have been a blast for the evening, but neglecting bills can have long-lasting and very stressful effects. A budget gives you control over your money, which is much better than your money controlling you.
Preparation: Obtain your year-to-date total gross pay from your last earnings statement for the applicable year. However, non-taxable wages will only be found on the earnings statements for periods in which you received these types of wages. Military leave payments or adjustments marked "Med/SS Non-Tax" 8. Retirement contribution earned through county - Judges only *Backpay is reported as taxable compensation, included in social security and Medicare (FICA) wages and subject to income tax and FICA withholding. Dependent care and medical care spending accounts 4. The net amount of this calculation should equal the taxable wages reported on your W-2 for social security (box 3) and Medicare (box 5).
Reduce Gross Pay by Non-Taxable Wages Received During the Year: These amounts are also found in the "Earnings" section of your earnings statement.Therefore, you may need to review all earnings statements for the applicable calendar year to find these amounts: 1. Non-taxable travel, moving, or other expense reimbursements 3. Liquidated damages, interest and legal fees are reported as taxable compensation but not included in FICA wages and not subject to FICA withholding. NOTE: If your box 3 amount differs from box 5 please refer to the following FAQ: "If social security and Medicare taxable wages are calculated the same, why are the amounts in boxes 3 and 5 on my W-2 different? HR Offices Only - HR personnel that have appropriate security can access this information on PR52.1-Payroll History - Year to Date using the procedures outlined below: Open the PR52.1 form in HRMN for the applicable employee and year. Subtract the non-taxable earnings found on the "Wages" tab as indicated below.Beneficiary payments at employee's death-subsequent year 4. Compensatory damages are not reported as taxable income, included in FICA wages or subject to income tax or FICA withholding. Reduce Gross Pay by Pre-Tax Deductions: These amounts are found in the "Employee Pre-Tax Deductions" section of the statement. And if you’re worried about the budget getting in the way of your romantic spontaneity, make a place in your budget called “Romantic Spontaneity.” Set aside money every month to treat your loved one to something special.Before you start budgeting for your dating life, take some time to consider what would make this time special.It’s easy to get caught up in the perception that a date has to be expensive, but is this really the case?