I decided the other day to write down all of our expenses, so we can figure out where our money goes because it seems like no matter what we barely have much left by the time we get our next paycheck. After doing so I saw about half of our money goes to bills such as mortgage, car payment, phone, electric, etc... This is not including groceries, gas, diapers, or any other items. Still though after seeing that I feel like we should have alot more money in our savings. I'm just not sure where our money goes it seems no matter how much we make there is always just enough. Does anyone else have this problem? I decided for the next two months I am going to keep track of what we spend then try to set a realistic budget for groceries and other items. I'm not really sure how much is reasonable budget for a family of 5 to spend on food.I guess that's something I will figure out. Then after I see where our money is going I want to decide on a set amount to save. Right now we do have a small savings, but I would like to have more for emergencies and other things that pop up.
Overall I guess I feel there is just a lot of money that seems unaccounted for because I really don't buy myself new things often and we haven't been eating out much, so we'll see where it's been going. I remember reading somewhere that most people even if they are rich still feel like they have no money and think if they just made a little more that would be enough. What would be your family's perfect amount to earn in a year to feel comfortable or do you already? Also if anyone has any budgeting tips I would love to hear them.