Hi All,
Just getting started here, so forgive me if I've missed something. I've been burning through MMM articles like crazy over the past couple weeks and am really motivated to get things moving in the right direction. To be transparent, I don't think I know much about the financial world in general, but I'm eager to learn. My wife and I have a two month old son, about 165k on our mortgage, no additional debt, and 70k in annual income, so I think we are starting off in a fairly good place. I get the feeling that we're spending more of our monthly income than we would guess, but I'm having trouble tracking everything down.
My major question: Is there anywhere on this forum that talks about the first baby steps in this whole process? How to calculate expenses accurately, how to understand where all of your money is going, etc? Is there a spreadsheet available that could help with this? I'm a bit overwhelmed with how many different financial "tools" are out there and a bit mistrusting of them as well.
Thanks for any help you can give! I'm proud to be a young, fledgling Mustachian!