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Updated over 2 years ago,
Seeking Advice on Current Budget
Hello! I have been struggling to understand why I can't meet my budget goals each month with a more than reasonable budget of $5000. I live in Phoenix and am married with two little girls, ages 2 and 4 months. We do not live an extravagant lifestyle and in fact feel like we're living a very frugal one, but we still end up going over most months. I was wondering if you could spot check my budget and let me know if there are areas where I can cut down on spending. Thanks!
| House Payment | $ 1,787.00 |
| Charity (I'm not really looking to change this one) | $ 550.00 |
| Phone | $ 60.00 |
| Utilities (Electric, Water) | $ 270.00 |
| Auto - Insurance | $ 124.00 |
| Life Insurance | $ 75.00 |
| Internet | $ 50.00 |
| Subscriptions (Spotify/Netflix/YTTV/Google Storage) | $ 35.00 |
| Gym | $ 10.00 |
| Groceries | $ 550.00 |
| Shopping | $ 300.00 |
| Discretionary | $ 350.00 |
| Home Services (Maintenance, Home Security, Pest Control, etc.) | $ 175.00 |
| Gas | $ 175.00 |
| Home Supplies | $ 150.00 |
| Fast Food | $ 112.00 |
| Restaurants & Bars | $ 100.00 |
| Amusement/Entertainment | $ 50.00 |
| Car Maintainance/Carwash | $ 50.00 |