It works well for me. We’re very frugal, so we know how much we usually spend and set a fixed limit per expense +- a small amount. That’s it. We review every ti

It works well for me. We’re very frugal, so we know how much we usually spend and set a fixed limit per expense +- a small amount. That’s it. We review every time an expense or income changes, so usually monthly. We have multiple accounts (food+fuel, bills, apartment, fun money) and we put the exact same amounts into each account each week. Anything left at the end of the week gets moved to overflow accounts (food+fuel overflow, bills overflow, apartment overflow, etc) and anything in overflow accounts at the end of each month gets moved into savings as bonus savings. We have 4 savings accounts. Short term, mid term, long term, retirement. We always put the same amount into these each week. And then as our expenses decrease, or incomes increase, we just put a higher percentage into savings. It works pretty well, we are the only couple I know who could purchase a home at our age in this environment in one of the most expensive cities in the world. I earn about 115% more than average worker, but my partner earns about 80% of the average worker. Our situation and savings and spending discipline has allowed us both to drop 1 full day a week of employment. We have only been out of university for 4 years