Structural Engineering Director 85k + bonus
Money tips that worked for us....
2 current accounts "bills" and "spending"
Wages go into spending.
Transfer bills money (same amount every month) as soon as paid
All regular costs (mortgage, CTax, utilities, mobile, netflix, car, insurance etc) come off by direct debit off bills account
Agree a weekly allowance for general everyday costs (food, petrol, entertainment, allowance for small clothes - kids t shirts, socks etc, not big costs like trainers or winter jackets) leave 4x (or 5 for a 5 week month) this weekly amount in the account, transfer anything extra into a savings account.
Here's the bit that really worked for us - take the week's money out in cash on a Sat. Pay wherever possible by cash, if you use the card card (online payments etc) take the equivalent cash out of your weekly allowance and put it in a safe place - ours is a jar in the kitchen
Next week take out your weekly allowance minus whatever is in the jar. By the end of the month you'll still have money in your account to pay the card balance and you'll have as much money in week 4 as you did in week 1
We found the physicalness of seeing cash and using cash made keeping track of money much easier.
We ended up 100%using cards during the pandemic when cash was a bit of a no-no and it was a disaster trying to keep track of it all.