Importance of a budget plan

Ok. guess it is time for me to draw up a budget plan so as to limit myself from spending too much but having said tat, most important of all is to adhere to the plan with discipline else no matter how well the plan is drawn up, it still wont help..

Currently, I'm having some difficulties figuring out the reason of my sudden depletion in my saving account this month as I do not have a habit of keeping track of all my spendings. I guess food makes up the most of my spendings as I have been patroning several restaurants and each visit costs me an average of $30.. This may not be considered a significant amount but if it is compared relatively to my allowance which is only a mere $420, the "value" of the money is magnified..

I always tried to keep track of my daily spendings, with various degrees of success. Right now, I'm considering carrying a small notebook around to jot down my daily spendings. I guess there are better alternatives which are more efficient just that I have not thought of any yet ...

Well, I guess I will post up my budget plan and spendings here in the future so as to constistently remind myself the importance of it and also restrain myself from spending too much!!

Thats all for tonight, time to dunk myself into the dream chamber .....