Budget Better with the Cash Envelope System
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The cash envelope is a budgeting system that only uses cash to pay for specific cost categories.
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Each cash envelope holds the money you allocate to that category for the month.
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Here's how to Use the Cash Envelop System to achieve your budgeting goals
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First, determine the categories you tend to overspend on. Then, designate a cash envelope for each one.
Decide Your Categories
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Next, head to the bank to withdraw the money to place in your cash envelopes.
Pull Cash
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The last thing you want to do is run out of money in your envelope for something important like groceries.
Spend Your Money Carefully
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There may be times when you have money left over in your cash envelopes at the end of the month. Make sure you have a plan for this money
Leftover Money
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SWIPE UP FOR MORE!
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