Need help with my budget... anyone else feel lost?

Seeking Advice Forum
1

I’m really struggling with my budget lately. I’ve been looking at my spending over the last few years, and honestly, it feels like a mess. I’m trying to get a handle on my finances and start a sinking fund for things I need and want, but I feel a bit overwhelmed. Any advice on where to start would be super helpful!

2

I totally get it! I used to feel the same way. Have you thought about opening up a separate checking account? It helps me keep my spending more organized.

3

Grayer said:
I totally get it! I used to feel the same way. Have you thought about opening up a separate checking account? It helps me keep my spending more organized.

That sounds like a good idea! I might give it a shot. Do you have multiple accounts?

4

@Koa
Yeah, I have a couple. One for bills and another for spending. It keeps things clearer for me.

5

You might want to track your expenses daily. It can get overwhelming, but it really helps to see where your money is going!

6

Macon said:
You might want to track your expenses daily. It can get overwhelming, but it really helps to see where your money is going!

Sounds like a plan! How do you keep track? Are you using an app or just pen and paper?

7

@Koa
I use a simple notebook. Easy to jot down stuff without getting distracted by my phone, lol!

8

I think focusing on paying off debt first is key. Once you get that under control, you can breathe a little easier.

9

Zev said:
I think focusing on paying off debt first is key. Once you get that under control, you can breathe a little easier.

Yeah, I definitely need to tackle my debt. It’s been stressing me out. Do you have a strategy for that?

10

@Koa
I just prioritize the highest interest cards first. It feels good to see the balance go down!

11

Consider setting a budget for your wants after you deal with the essentials. It’ll help you feel less anxious about spending!

12

BudgetingBeth said:
Consider setting a budget for your wants after you deal with the essentials. It’ll help you feel less anxious about spending!

That makes sense! I often buy things on a whim. Thanks for the advice!

13

You are not alone in this! It takes time to get everything sorted out. Just take it one step at a time.

14

Reese said:
You are not alone in this! It takes time to get everything sorted out. Just take it one step at a time.

Thanks! I really appreciate the support. It feels good to share with everyone.