Monthly Income: $3,500
Rent: $1,250
Health insurance: $200
Car insurance: $150
Car Loan: $500
Student Loan: $300
Gas/Transportation: $150
Entertainment: $50
Utility bill: $100
Eating out: $300
Groceries: $400
Phone: $100
Shopping: $50
Money Left over: -$50
You don’t have a spending problem. You probably have an income problem. If you don’t spend much but still find it hard to save or invest your money, then you’re gunna need to increase your income.