the envelope budget money management

in this video i will show you how to budget using the envelope system. the envelope budgeting system is the easiest way to get your finances and spending under control, and it is highly recommended by dave ramsey himself.

if you don’t know what the envelope budgeting system is, it’s essentially breaking down different spending categories by using physical mail envelopes, and filling that envelope with cash for each expense category.

the reason this budgeting system works is because you are looking at physical cash, rather than pixels on a computer screen, or simply swiping a plastic credit card! cash leaving your hand registers in your brain that you are experiencing pain when departing with cash!

i personally have 4 envelopes to use for my discretionary spending.

my 4 envelopes are:

1. eating out
2. entertainment
3. gas
4. misc.

your budgeting envelopes may be different than mine! these are the envelopes that i want to keep track of, because i feel like these are the 4 categories that i can somewhat control!

sign up for capitalone360 here:
https://capital.one/2vzn0ej
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the envelope budget money management



the envelope budget money management in this video i will show you how to budget using the envelope system. the envelope budgeting system is the easiest way to get your finances and spending under control, and it is highly recommended by dave ramsey himself.if you don’t know what the envelope budgeting system is, it’s essentially breaking down different spending categories by using physical mail envelopes, and filling that envelope with cash for each expense category.the reason this budgeting system works is because you are looking at physical cash, rather than pixels on a computer screen, or simply swiping a plastic credit card! cash leaving your hand registers in your brain that you are experiencing pain when departing with cash!i personally have 4 envelopes to use for my discretionary spending.my 4 envelopes are:1. eating out2. entertainment3. gas4. misc.your budgeting envelopes may be different than mine! these are the envelopes that i want to keep track of, because i feel like these are the 4 categories that i can somewhat control!sign up for capitalone360 here:https://capital.one/2vzn0ej--------------follow me on instagram

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