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The cash envelope system is a way to track exactly how much money you have in each budget category for the month by keeping your cash tucked away in envelopes. At the end of the month, you can see how much cash is left by taking a quick peek in your envelope. How easy is that?
One of the reasons we overspend is because there’s nothing telling us when to stop. That’s where the envelope system comes in. It’s one more tool in your arsenal to help you stick to your budget.
If you’re constantly going overboard in a certain category (hello, food!), then “cash out” the amount you’ve budgeted for and stick to it! The cash envelope system is a great tool to help you stop overspending!
Have a great day!!
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1. Cash envelope stuffing videos
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3. Student loan Pay off Videos
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