On a budget? Still over-spending? Trying to figure out the best way to organize your cash and spend wisely?
Have you ever heard of Dave Ramsey? He is the guy who is crazy and passionate about getting out of debt. My husband and I have taken his Financial Peace University Class. It cost us about $100.00 and it was the best money we ever spent! Once you take the class you and your family can go back to any class the rest of your lives. We have attended it a few times, just to keep refreshed and motivated. The second time we went we took our teenage and young adult kids to a few of the main classes. It was good for them. I wish I would have known and done things differently at their age!
The classes run for nine weeks. You can go to this site and find a class near you. I highly recommend it!
We have also done a cash envelope system online for 6 years that we love. It is called mvelopes and this is the web page. There is a monthly fee that we paid until we became a lifetime members and now it is free for the rest of our lives. Well worth the money spent. We save so much money every month, the fee is irrelevant. You can sign up for a free one moneth trial. Give it a whirl, what have you got to lose?
All it takes is setting up a simple system.
Grandma’s way to handle money still works. People used to always use
cash envelopes to control their monthly spending, but very few do in
today’s card-swiping culture. The envelope system
is a key component of the Total Money Makeover plan because it works.
Here are a few simple basics for starting a cash envelope system:
- Create a spending budget
- Choose different spending accounts (envelopes)
- Fill each envelope with the money allotted for it in your budget. For
example, if you allow $100 for clothing, put $100 in cash in your
clothing envelope for the month.(when it is gone, it is gone) No more putting things on credit if you are serious about getting out of debt!
There are many ways to set up your envelope system. I have tried a few of them. The first was the wallet that came with the class. It was a nice leather wallet, but had paper envelopes.
As you can see, after only a few months of using this, the paper envelopes were trashed. Another thing I did not like is that I had to carry ANOTHER wallet in my purse. SERIOUSLY, WHO HAS ROOM FOR ANOTHER WALLET?
I have seen cute patterns to make your own wallet, but I just don’t have room in my purse, and many people don’t even know how to sew.
Another thing I did not like is that when I would get to the checkout and ready to pay for my items, I had to fumble through my envelopes, with anxiety, because I didn’t want to hold up the people in line behind me. So in the rush, I would just grab money from an envelope and have to figure it out later.
I thought long and hard and finally came up with a system that REALLY WORKS!
Simple tabs that you can place in your already existing wallet that separate your cash into categories. No more fumbling through a bunch of envelopes!
How do you get these tabs?
There are a few options.
- For you DIY folks, you can pruchase the PDF download here or in my Etsy shop and make your own. The ALTERABLE PDF file, allows you to type in whatever categories you want.
- If you don’t want to take the time or don’t have the resources to print and laminate, you can purchase them ALREADY MADE, in my my AUTHENTIC U Esty shop. 6 tab set, 9 tab set, 12 tab set . There is an option to customize your tabs if you choose.
So, there you have it, a SIMPLE, DIY, INEXPENSIVE, and very PRACTICAL way to go about organizing your cash.
You may print out as many times as you want for your own personal use. These make great COUPON TABS as well. You may NOT print to sale these tabs from this PDF file, thank you!
helped me see where I’m spending my money, and I am saving money.
Do you have limiting beliefs that are keeping you stuck, blocked and broke?