Getting married in a month and need Tips to reduce spending. I almost spend whole of my salary. Luckily 20% goes to espp and retirement fund. I've got no idea where money goes. I'm very at flexible throwing my 6 CC on my expenses. Luckily I am able to pay it full by due date but end up with bare minimum.

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Build a budget to see where your money goes. That will help you realize where there’s excess

likesmart

Use the "Mint" app. Can easily track everything in all your accounts

likehelpful

100%

Go down to one credit card or use an aggregator like Mint. And reduce spending in general on “extras” like coffee, appetizers, redundant clothes, Ubers, delivery, etc and don’t shop at Costco if you don’t have a family

likehelpful

Biggest tip: don’t get married!

funny

Speak to a financial advisor. Its worth it. Understand why you spend, where you spend and how you spend.

likehelpful

Basic money management is what i meant by understanding what/ where / how of your money

I’d start by looking at where your money is going. Good free option is something like Mint (mint.intuit.com).

Once you know where you’re spending, you can figure out how to reduce it either in the near term (cook instead of ordering DoorDash, give yourself strict $$ limits on ‘fun money’) or the long term (move to a cheaper apartment, shop for cheaper insurance)

likehelpful

On the contrary, I spent far less after getting married as knowing someone was seeing my spending kept me in check. We also agreed to what we thought was a reasonable budget and while blowing it doesn’t get either of us “in trouble,” we certainly respect our agreement and one another’s opinion and think twice before making unnecessary purchases, big or small.

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Ynab

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Second this

I realized I was spending a ton of my paycheck on uber eats, grocery delivery and going out drinking. I cut way back and my budget looks much better

Shock yourself and use cash for a pay period. I know it's really old fashioned, but I make enough that I wasn't owning attention for years. I did this and had a few "oh shit" moments. Had to cab instead of Uber, but everything else takes cash. Blew through $800 and couldn't tell where $400 of it went.

Mint after the exercise.

Def have to figure out where the money is going first. Second, ditch the credit cards. You pay them off which is good, but in your situation…disaster waiting to happen. If you need the cash, cut back on your contributions for now. Get yourself straight and worry about that later

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