The cash envelope system is when you use cash and envelopes to organize your budget. So instead of creating charts and spreadsheets, you literally create your budget categories with a designated envelope for each budget category and then place the money allotted to each category into each envelope. Yes interest rates are at an all time high for keeping your money in a high yield for savings but if you don’t have anything to put in there it really doesn’t do you any Justice. If you have a hard ti

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⚡️Cash Envelope Method For Beginners ✨Step one: Write out your paycheck amount. Write out your total bills that needs to be paid with that paycheck. ✨Step two: Subtract your bills from your income. This is the number that you can cash stuff. ✨Step three: Leave your bill money in your bill account or transfer it to an account for bills only. ✨Step four: Make categories for your envelopes that are relevant to you. Example an envelope for food, shopping, gas, kids, saving challenges etc. ✨Step five