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Appreciation post: I thought the 'cash envelope' thing was just for extreme cases, but using it for my $200 weekly grocery budget completely stopped my overspending.
I was convinced it was a hassle until my friend in Denver showed me her system, and now I actually have money left from that category for the first time in... maybe ever... anyone have other categories where this works well for them?
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stone.barbara6mo ago
You mentioning the grocery budget really hits home. I did the same thing with my "fun money" for the month. I was always blowing through it on little online orders without even feeling it. Now I pull out that cash and keep it in my wallet, and when it's gone, I'm done. Makes you really stop and ask, do I want this coffee or do I want to save for a movie later?
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mason_stone96mo ago
Yeah that cash thing really works, @stone.barbara. I used to think it was old-school but it actually makes you think twice before spending.
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the_wendy5mo ago
Cash envelopes work best for categories where you spend without thinking. I use them for dining out and gas, two areas where I used to just swipe my card without a second thought. Pulling out that physical cash makes each purchase feel real instead of just numbers on a screen.
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