<prompt> Human: First, let me thank you, rpersonalfinance, for the advice Ive received over many months of lurking.Second, this is a throwaway. Mainly for reasons you can make your own assumptions based on the text below.Im 24, in a relationship with a 2-year-old and my SO is 10-weeks pregnant. Thank you, in advance.My SO and I work in the adult industry, together, and combined we make 80-100kyr. We enjoy what we do, however with a baby on the way, things will much change as our income is performance dependent.Our current state of finances:We rent a home for 1200mo, with about 200 in utilities internet.She owes 7k in student loans and is repaying at 150mo, I owe 1750 and currently am in default. I never received anything until it was too late.On top of that we have a car payment of 404 and 104 for insurance,and we pay 140wk for daycare.According to mint.com, our grocery budget is about 700mo for the three of us. And unfortunately, its true. We eat a lot were not fat by any means, we burn a lot of calories and we dont skimp when it comes to buying organic.We work from home, so gas is roughly 30week, sometimes. Just meandering around town when we get too cooped up.Heres the dilemma. We have NO savings account. We never stop spending. Its unfortunate but true. Not only do I need to learn to budget and save, mint proved that, but I would ideally like to start investing so I have something to fall back on eventually.When the baby comes, we will need at least 3 months savings to live from, and well need to move across country which will cost roughly 5k.As for credit, shes in the upper 500s and Im in the low 500s, the only thing ever reported on my credit is the student loan in default. How can we build that faster?My question to you, if not clearly stated is:How do I portion my money to live on, invest with, and create a stable savings account from which we can live on in the future months while moving, and postpartum? Edit: I forgot debt, outside of student loans! We have about 1400 in credit card debt, which Im not at all worried about. It gets paid every month to try to raise her credit score.  <response>: lolol. this is a throwaway. Mainly for reasons you can make your own assumptions based on the text below.... Im 24, in a relationship with a 2-year-oldAnyway, you need to budget more proactively. Mint is great for tracking your spending if youre disciplined, but sounds like youre not. You need to look into YNAB probably. Its okay if you dont want to buy the software- you can use the method with pen and paper. But you should follow the budgeting method to get control of your finances. Start here: There is literally no reason in the world you should be in default on your current loans with your income. Find out what you can do to settle that debt. Its probably hurting your credit, and that could cause problems during your move.Second, you need to plan for the move. How much is cost of living in this new area? How are you going to move out there? Are you going to continue in the adult industry, or take on new jobs? What about childcare? Will your wife stay at home with the kids for a while or are you moving near family? Pick a home near good schools and child care options.As for investing, youre looking at contributing to Roth IRAs or solo 401ks as self-employed - if you get regular jobs, look into a company provided 401k. 