Envelope System
If you are new to budgeting this system may be a great way to get started
The concept is simple. It works well as a follow up to building your budget. This system will keep you honest because you are forcing yourself to work with actual cash not credit or debit cards. Traditionally, people have used the envelope system on a monthly basis, using cash and envelopes. More recently, people have adopted digital methods, including spreadsheets and apps like Goodbudget and Mvelopes.We encourage you to explore the best fit for you.Envelope Systems Steps to Success:
TIP: Keep your envelopes in one place, and ONLY TAKE THE ONE OR TWO YOU NEED EACH DAY. When the money is gone. You are done spending in that category! |