Quote:
Originally Posted by cantdrv55
My wife is so against budgeting. She said it's because in order to maintain the budget, we'd have to track our expenses and I'm no good at it. In the past, I had been really poor at asking for and keeping my receipts so my expense tracking was spotty at best. However, I still feel we should have a budget even though I think we are pretty frugal and already save a huge chunk of our pay through a 401k and an employee stock purchase plan. There's always room for improvement though.
Do you have a budget and how do you stay within it?
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to answer the original question, yes, and mostly.
If you don't want to keep track of expenses, why don't you go to the envelope method? For each category label an envelope and fill it with cash at the beginning of each time period with your budgeted amount. It has 2 big advantages. 1: Going to cash only generally means you spend less. 2: you don't have to keep track of individual transactions, just the total amount in the envelope you're interested in.