• Cash Binders in many colours
    Budgeting

    Cash Envelope System

    You want a simple and efficient way to budget and improve your personal finances. Then the cash envelope system is for you. What is the cash envelope budgeting method? It is exactly what it states it is. The cash envelope system is cash in envelopes. Each envelope is for a specific category in your budget. You stuff your envelopes with the amounts you have allocated for those categories in your budget, monthly/weekly or when you receive it, if you have variable income. For eg, groceries €450, Beauty €50, Eating Out €80. These are your variable spending. You would leave your Rent and direct debits in your bank account. How do…