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[quote=Anonymous][quote=Anonymous][quote=Anonymous]You Need a Budget has been a game changer for us, but there is a steep learning curve and you really need to follow their philosophy for it to work right.

This wiki from Reddit is a great starting point for budgeting: https://www.reddit.com/r/personalfinance/wiki/budgeting

I don't follow this exactly, but I've heard of the 40/30/30 rule:
40% to NEEDS (housing, food, utilities, cell phone, car, insurance, childcare)
30% to SAVINGS (retirement, long term, short term, home down payment, savings for auto repairs, savings for home maintenance, etc)
30% to WANTS (cable, eating out, booze, pets, entertainment, vacations, fancier than needed car, etc)

See this Reddit thread: https://www.reddit.com/r/personalfinance/comments/6k8vs9/basic_personal_budget_percentages/

But really, the only person who knows about how much they should spend in each category is you, as only you know what your priorities are.[/quote]

Agree with YNAB (and the learning curve). Love it though...it has changed our lives! They also have wonderful free classes you can take to help you navigate the tool.[/quote]

Thanks. I have started with YNAB and while it is comprehensive - WHEW - it's not necessarily easy; however, i do like the educational aspect of it. Its not just :heres the money you spent.
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