The dreaded B word

The budget…. Is there any word that is scarier than that?

I am fortunate to live in a two-income household. However, my husband and I noticed that our family spent more money than we made. This is never a good idea! So this month, we decided to form a budget. Ok, let’s be honest, I decided to form a budget and let my husband “approve” it. We’ve tried to live on a budget in the past, but it never worked! We are over half way through this month and so far, so good. I promise to update at the end of the month with the verdict.

I love Dave Ramsey! If you have never read his book, Total Money Makeover, you are missing out! Check it out here Total Money Makeover (Please note: this is an affiliate link, which means I earn a small commission, at no extra cost to you, that helps maintain the blog).

So by far our largest expenses is our house and DAYCARE. I expected the house to be the most expensive item, but daycare is only a couple of hundred dollars behind it. I love my daycare, but did some cost comparison. Turns out daycare is just expensive! We also realized we spend WAY too much money on food… $1100 is too much. We will have to figure out where to cut back there.

Do you live on a budget? What are your highest spending categories? I would love to hear from you, leave a comment!

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