We’ve found a great solution to our budgeting problem, and it’s solved alot of our issues!
On payday my fiancee withdraws all of the cash, yes all of it, and brings it home. We then sit down with some sanwich bags, and allocate all of our money. Groceries, fuel, rent, bills, entertainment and an allowance for ourselves, which we can spend on whatever we want. We also have a savings bag and an emergency bag, but whatever you wanted to use, you could.
If we spend the grocery money, its gone. Thats it, we wait until next week. If something urgent comes up, we take the money from the emergency bag, if we dont use the money in the emergency bag, we leave it.
Then, on payday (when he’s getting his pay from the bank) he deposits the bill money in our general account (I pay everything online) and the savings money in our savings account. We’re saving money for the first time in our life, and this was BEFORE my promotion.
Good Luck everyone!!