Your mortgage/rent, medications, gas, insurance, and cell phone bill aren’t costs you can easily cut. Thus, start your budget planning by adding up your total recurring expenses each month and delegating your remaining dollars from there.
You don’t have to spend days buried in Excel spreadsheets to set up a realistic budget. In fact, online budgeting tools like the Monorail app simplify the process and can be set up in a matter of minutes.
If your daily coffee run, weekly meal prep service, or monthly dinner dates make you happy and improve your quality of life, don’t cut them out! Money is meant to be spent, and it doesn’t do you any good if you’re not happy.