Another consideration is what kind of map you're using. Look at the map for longitude/latitude markings. Some maps have several systems. If the map has grids for degrees and minutes, you might use DD.MM.mm, because it would (in this case) be more difficult to use seconds.
When I'm using GPS with an orienteering map, or some other map of a small area, I prefer using UTM. UTM essentially divides the earth's surface like orange slices divide the surface of a peeled orange. Within each 6 degree slice (zone), the UTM coordinates are rectangular grids (easting and northing instead of x and y). The coolest part of UTM is that the numbers represent meters. I usually demonstrate it to people by taking a big step N, S, E, or W, and show them how the coordinate changed by 1. (This works best with a very clear view of the sky.) As long as your map doesn't sit where two slices touch, you can do easy math to determine distances between points.
UTM wiki
The problem with that wiki is that most of the maps in it are Mercator. That means all the north lines are parallel, and you can't get a good feeling for the orange slices. (There is a US UTM image that shows them.)
Here is a map of Canada that better shows the UTM orange slices.