Having two incomes and no kids offers a different level of financial freedom. Find out how one couple manages their budget each month, from saving to splurging.

Read More: We’re a Family of 5 Living on One Salary: Here’s Our Monthly Budget For You: 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth Based in Jacksonville, Florida, they have ...

“We allocate our initial funds to our fixed expenses, which include utilities, dining out and grocery budget,” said Harris. Their monthly budget for food is $650, while that for utilities is $600.

How to Create a Monthly Budget. Follow these five steps to get started on creating your monthly budget: 1. Calculate Your Total Income. Start by calculating the total amount of money you make in a ...

A monthly budget can help you stay on top of your finances. Use NewsNation's 50-30-20 calculator figure out how much to spend. The 50/30/20 rule is a popular budgeting technique.