I was bored so here goes:
WHAT is your goal? Do you BOTH (you both have to agree or it will never work) want to be debt free? Retire early? Pay off mortgage early? Have 12 months bills saved up? Have $10,000 in your savings account? WHAT is your goal? With NO goal, you have no reason to truly change anything.
As you have stated you are in debt, and spending more than you earn. This last month you were nearly $500 in the red
and you said this "was reined in" AND that it was a "good month for you".You have to either spend less money or make more. Period.
Get a joint goal and put it on paper, both sign it, give a time frame.... and post it everywhere so you BOTH can see it!First off the red flags...$310.05 Pets
... is this normal??$101.42 on thrifting
.... WHAT exactly are you buying each month? Are you boredom shopping?$80.76 craft supplies
... what are you buying? That's alot for a hobby.$71.79 postage
... what are you spending so much postage on?Groceries + eating out + Target
for the month for TWO
Here is another way to look at your spending (shake it up and look at it differently):True Bills:
Banking fee: $6.95
Annual parking pass: $138
Home repair/housewares: $119.20
Car payment: $300
City bill: $177
Cell phones: $79.84
To credit cards: $1,118.29
Student loan: $257.60-$4033.25Not true bills:
Eating out: $44.74
Gym dues/Weight Watchers: $22.36
Magazine subscriptions: $6.11
Cash withdrawal: $40
Craft supplies: $80.76
Eating out: $275.68
Target (some groceries, some not): $321.71
I left cell phones and internet as a "bill"... we all have them and you can afford them. Pets was not put on true bills as it is a choice (not trying to debate care for animals... I have them too, but having a pet is a choice to be "technical").Also at this rate of $100.00 per month, you will only save $1200.00 per year. In retrospect you spent $1001.62 on groceries/Target/eating out for the last month.
It would be best if you made a firm on paper budget for a goal you both agree on. Your "real" bills need to be paid FIRST. Your savings needs to come next. And then your "wants" come last out of what is left... not what you want to spend.Eating out could be reduced by agreeing on one or more of the following:
Only eating out once a week or once a month.
Only eating out if you have a coupon.
Only eating out if it is under $xx.xx amount.
Only eating out within "set in stone" eating out budget.
Only eating out by using personal allowance.
Groceries can be reduced by having a set budget each week and using cash. Allow $xx.xx each week for gourmet ingrediants. You will feel less deprived. But when you eat them, they are gone until the next week.
Stay out of Target. Make it a personal challenge to go XXX many days.
Stay out of the thrift store. You can't possibly need $100 + month in clothes/trinkets/antiques/junk. Don't spend more on "stuff" until you can budget and not go red each month.
Suspend craft purchases until you have a real budget and do not go red each month.Crafts and thrifting are more than you save each month.
If you are boredom shopping or "deprivation" shopping, or addiction "but I am saving so much money" shopping... try to find something else to fill that hole.
You can't afford to do these things if you are red each month.
You make enough money to do them, but you have to budget them WISELY and not "impulse" shop. When you have a good working budget and are saving MORE than what you are "blowing"... budget in a weekly allowance for each of you and all misc spending comes out of that.
It's the best of both worlds!
We have BTDT too. It's harder to be "diciplined" when it's not a daily struggle to just survive and eat!