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use of your debit cards for purchases. Debit cards are wonderful and convenient, but you must remember to record each and every one of these, or your checkbook may overdraft. Also, bear in mind that these purchases go against your budget items as well, just like writing checks for purchases and bills. Keep all your debit card receipts together somewhere (in your purse or pocket perhaps), and record them regularly in your checkbook. If your bank offers online banking, you can also keep track of them that way. Keep up-to-date on these, so they don't bite you later on.

-Make sure you allow a Recreational or Cash account of a reasonable amount in your budget. When I first began budgeting years ago and finances were very tight, I thought we could do without this. But, in reality, we all need some "down time" and must include some relaxation in our budgets. Everyone needs a night out once in a while, or to eat out from time to time. Build these types of needful items into your budget. Even if your budget is tight, allow a little "down time" for yourself and your family.

-Keep your budget handy and use it every payday. Follow the plan regularly. If you are paid weekly, you can adapt your budget and assign certain costs that must be paid with the first week's check, second week's check, etc. Just put your plan in place and follow it closely.

Once you set up and follow your budget regularly, you will experience many benefits. Hopefully, your checkbook will begin to show improvement, as you get a handle on your money and begin to progress financially. It will work discipline in your life, and you will find benefits outside of the financial arena as well.

Budgets - do they work? If you follow them, yes they do! And following them is not as difficult as it might appear. Use these tips to help you on your way.

Learn more about this author, Kay Mortimer.
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