I am almost 1/3 of the way through the month, and I am finding that the monthly challenge for July has been very beneficial. We have had a lot of company, and I can get a realistic idea about how much money to plan to set aside in the future when we have company again. I am staying in my budget as usual, but by writing down what I spend I can get an accurate idea of just where the money is going. I can also look at what I have spent, and see if there are things I can do to improve.
Do you track every penny that you spend? Are you aware of where your money goes?