Here's a practical approach that have been working well for our family. Forget about recording your transactions, it is way too tedious. The solution: Use 'jars' for budgeting. Our jars are bank accounts. First we have a main bank account where money comes in. Set all recurring bills (eg. rent, utilities, phone) to direct debit from this account. Let's call this income account. Leave the debit card at home, don't use…
Sorry if this seems like a dumb question, but are there any particular banks/accounts you use for this method? I would want it to be very easy to open accounts online with no hassle if I were to use this approach.
I use several banks. Here in the UK, I use Starling & Monzo. There are also international providers such as Skrill and Transferwise. Check what is available to you. Do not be discouraged by nominal account fee. You will save much more money than bank account fees.