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How do you budget your money?

A close friend recently asked me for advice on budgeting methods. Admittedly, I use a good ol' fashion excel sheet. I found I enjoy tracking my own expenses and the act of writing it down helps keep me accountable. With that said, I realize this may not work for everyone and as my finances grow, there may be other (perhaps better?) alternatives.

With that said, do you keep a budget? If so, how do you budget? Are you relying on paper and pen, a budgeting app, or something else? Even if you don't budget (), I'd be curious to know why and how you manage your money.

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