I know, however, that is not the only way to go. Some people use envelopes and cash and some people use spreadsheets. There are tons of methods to track a budget, and none of them is bad.
I was wondering how each of you tracks your budget. Do you track your spending with a budget? If you do, how do you do it? What have you done to keep your spending in check? Please share your comments, thoughts, and experiences in the comments.
Image from ANDYwithCAMERA on Flickr