I actually don't think you need to track expenses much, at least I don't. I did at first at 18 just to make sure I could survive on the $1000 I got in loans and

I actually don't think you need to track expenses much, at least I don't. I did at first at 18 just to make sure I could survive on the $1000 I got in loans and subsidies by the government at the time. What I recommend is to focus on the big expenses, those are what gets you. That is, housing, transportation, medical (if you live in the US, but there's maybe not much you can do here). Don't go for the most expensive house or apartment that you can afford. If every house is expensive in your area, then settle for an apartment. If you're not willing to, then that's the root of the problem. Go car free if you can. If you can't, get a cheap reliable used car (mine was $4k, worked like a charm). Don't eat and drink out very often. Cut expenses until you're saving 30-50% of your paycheck. If you're in tech, that's very easy, otherwise it's difficult but still doable. Then, if you start earning more money, you can perhaps allow yourself to spend more. The problem is the expectations that people have of life. Your parents have a big house so you deserve one as well. You're having a baby, so you need a 3 bedroom house and a yard, otherwise that's baby torture! All your friends are buying new cars so naturally you need one too, right? If you're earning below median income, I'm willing to cut you some slack, but I think for most people on HN, that is not the case.