Step Six: Compile and organize your data.
Transfer your daily spending journal information to weekly and monthly budget sheets, as shown here. Three months from now, when you're ready to complete your Adjusted Budget, it will be a lot easier for you to transfer the numbers. Also, by looking at these expenses on a weekly and monthly basis, you may think of additional items you may cut back on.
Step Seven: Review your progress.
After three months of journalizing, you will repeat the process you went through when you created the Initial Budget. This time around, you should see that the percentages of your money devoted to each category are beginning to fall in line with the recommended parameters.