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[quote=Anonymous]Start with a simple list of all basic monthly payments you make:

Mortgage/rent:  $_____
Electricity:$______
Auto Insurance $______
Rental/Homeowners  Insurance $______
Car Insurance $ ______
Cell Phone $ _____
Cable $______
Food $ _____

Etc. You can find budget lists on line, try Suze Orman.  Then add it all up, and look at how much you make each month.  Subtract all of your monthly payments, the rest is for savings/entertainment/cothing shopping etc.  If you are on a tighter budget, I find that it is better to set aside a certain amount of cash for once-a-week visits to the grocery store, and that food needs to last until the next grocery day.  If you go to the grocery store with a credit card, anything goes in the basket and it is harder to stick to your budget.

I pay bills once a month.  All of my mail goes into my "in box" (a basket by the front door) and I sort it all at the end of the month and write any checks that I need to at the same time -- that way I don't forget because I have the same 4-5 bills that get paid.  All of my bank statements/credit card statements go into a big file folder and I sort them all at the end of the year.  If you can do direct deposit/automatic credit charge (I do that for electricity and mortgage payments) that cuts down on the checks.[/quote]

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