For years, my wife and I just winged it when it came to money. We paid the mortgage, car payments, utilities, and credit card bills. We spent whatever was left over on ourselves and it seemed we didn’t ever have any extra money. There was hardly ever a time that we weren’t out of money before the end of the month. The worst part about it was that we didn’t even know where all of the money was going. If you want to get ahead financially, you need a budget.
Our spending was way out of control. When the money was gone, the arguments started. I would spend some money on myself and my wife would feel like she should be able to spend the same amount and visa-versa. This often led to hurt feelings and more debt.