(Closed) Monthly Budget (daily life) Please help!

posted 6 years ago in Money
Post # 3
Member
7293 posts
Busy Beekeeper
  • Wedding: October 2011

http://www.Mint.com has an awesome amount of free tools that helps you visually see where your money goes and how to change things around, set goals etc etc!

Do you have any idea bout what you monthly expenses are? ( rent/mortgage, water, electric, taxes, gas, food, student loans/credit card , etc)

Post # 4
Member
949 posts
Busy bee
  • Wedding: August 2012

I use Mint.com to track my spending. It does take some time on your part, i.e. it’s not perfect at knowing what category you want each expenditure in and obviously can’t track how you spend in cash, but I think it might be a big help in just figuring out where the money is going. I’ve always been pretty tight with money, but I completely know what you mean about just not knowing where it all winds up!

Post # 5
Member
5984 posts
Bee Keeper
  • Wedding: June 2010

I will third? mint.com. that is what we use. very, very helpful!! You will immediatly know what you are going over on. Good luck!

Post # 7
Member
5984 posts
Bee Keeper
  • Wedding: June 2010

@Mashiara:  mint.com will tell you where that extra money is going…I hope you find it helpful!

Post # 8
Member
107 posts
Blushing bee
  • Wedding: January 2012

We use You Need a Budget (YNAB). I’ve heard it’s very similar to Mint.com, but it’s not online, so you don’t need to worry about your financial info being easily accessible by the wrong people. 

http://www.youneedabudget.com/

YNAB also provides lots of helpful free web tutorials, and has an amazing support system if you find you have a lot of questions. They have a some really neat ideas (however original they may be) and have laid their methodology out really clearly and simply. 

We’ve used it for almost two years now, and it’s been fantastic for us.  Really helped with the wedding planning/budgeting. 

 

 

 

 

Post # 9
Member
7293 posts
Busy Beekeeper
  • Wedding: October 2011

Okay so you bring in about 1,500 and your only expenses are 300 rent utilities and 300 for car.

That leaves 900 dollars for everything else.

Gas can be a money eater at a near 4 bucks for gallon.

Alchohol is a biggie too.

Food will drain your budget, and if you eat out frequently, even more.

Do you monitor your bank account? Could there be fraudulent charges or hacking going on?

Post # 10
Member
827 posts
Busy bee

I would set aside a specific amount every paycheck that goes into savings, and then you just have to keep a small amount for yourself (with the bulk of that going to necessities (at-home food, gas) and whatever is leftover for fun money (eating out, booze).  You will soon learn what is actually important to you and you’ll get used to not giving in to your every fleeting want and whim.  

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