I’ll shove a bare foot up someone’s ass if I hear another barefoot question - JUST STOP IT OK!! STOOOOOOOP IT !!!!! STOP FOR THE LOVE OF MY SANITY AND JESUS CHRIST ALMIGHTY - SAVE ME JESUS FROM THE BAREFOOT INVESTOR

People keep telling me that this book works for everyone regardless of income. But it seems you have to have lots of different accounts a divide up all your money? We dont even have a savings account. We have a re-draw account against our mortgage ($255k) with redraw of $160k. We pay everything by c/c (which gets automatically paid on the due date each month so no interest) and direct debit. So i dont see how this book would work for us? We know the money is always there to cover everything but nothing is paid until due date. This keeps the money in our account as long as possible, reducing the interest on our mortgage.

Kids weekly activities come out of Daily because they are a regular cost. I also have a budget for xmas and birthdays so I put a certain amount into daily for that too.
Unexpected birthdays come out of splurge (e.g. when kids get invited to classmates birthdays etc)

I pay from living expenses except for Christmas that has its own account

Go on the shared experiences using barefoot investor page on Facebook. Lots of good advice and ppl do it in different ways so need to see what works for you. Personally something regular like gymnastics I would do daily expenses and not regular like Xmas pressies smile or splurge. Clothes is splurge to me too

We do a small clothing budget, birthday, Christmas and dance classes under Daily Expenses, other people do it out of splurge.
There's a huge group on facebook that is helpful