<prompt> Human: I know its a weird question here, but my wife and I dont really budget for anything. We automatically invest 30 of our pre-tax income and we have an emergency fund, but after that we just spend whats left over. Is this a bad way to do things? Were pretty good just about knowing how much were spending. If we spend a few hundred bucks one week going out to restaurants and bars then well eat at home and not spend much the next week. Everything goes on credit cards and we pay it all off when the statement comes, but we never have to withdraw extra from savings. Would there be any advantage to us keeping better track of what were spending?  <response>: You are indirectly budgeting by placing the 30 off to the side and having an emergency fund. Also by tracking your spending. Its a discipline thing, some people need to allocate every last cent and others dont. Its also a question of affluence, when I was a student and then a recent grad, I was more keen on tracking my spending and allocating. Now that Im established in my career, its less critical. I find that I dont budget unless were saving up for something like new windows for the house and a redoing the patio - as we are right now.Otherwise, we dont really budget either but get along just fine. 