Keeping track of your spending
It's a solid foundation for your savings plan, but a budget tells you only where your money should be going, not where it has already gone. Keep track of your receipts and expenditures every month. Whether you go out for an evening or get groceries, record what you've spent. At the end of the month take a look at where your money went and compare it to your budget to see if there are ways you could spend more efficiently.