Americans are falling short when it comes to saving. As money expert at Intuit Kimmie Greene tells CNBC, "Whether you're making $50,000 a year or $200,000 a year, we all have challenges saving."

Or, as this couple shows, you and your partner could be making $500,000 a year and still end up with very little besides 401(k) money.

Sam Dogen of "Financial Samurai" breaks down the budget of two New York City-based spouses, each of whom makes $250,000 a year as a lawyer. They're 35-years-old and they have two young children. "This one couple shared their story and I decided to anonymously highlight their reported expenses," Dogen tells CNBC.

Take a look at exactly where their money goes.