Best pay & expense mailing envelopes according to redditors
We found 5 Reddit comments discussing the best pay & expense mailing envelopes. We ranked the 4 resulting products by number of redditors who mentioned them. Here are the top 20.
We found 5 Reddit comments discussing the best pay & expense mailing envelopes. We ranked the 4 resulting products by number of redditors who mentioned them. Here are the top 20.
Could it be a budget system, like this? https://www.amazon.com/None-Budget-Envelopes-Red-Cover/dp/B00H8GBQ6Q
Yes, I still do! But I do not carry the cash with me. I keep them at home in their respective categories. When it is time to use them or purchase, I use my credit card for everything (points). Then I just deposit the money and pay the bills same day or next day (point is not carry any balance, cc paid in full each month).
I use this envelope: Budget envelope. However I use the BLUE one not red. And I got mine from ebay which is cheaper than amazon.
Whatever works works, that is why it is called Personal Finance.
https://www.amazon.com/SpendVelope-Envelope-Budget-System/dp/B0065BAO4U
I would set up automatic transfers from your checking account to a high yield savings account. This can at least start your emergency fund and that way the money is "gone" right off the bat, you're not waiting until the end of the month to save whatever is left, or at worst, see it as mad money (you go mad with it). You could set up a couple accounts/investments based on the goal to have the money go towards.
Studies have shown that people typically spend less when they use cash as opposed to cards. The fact that you're seeing the physical money be used makes you more hesitant to spend as opposed to it being more passive with a card. If you think that would help, you can try something like these money envelopes. Obviously you could do your own too, but you get the idea.
I agree, I think she follows very much in line with Dave and I think you are right in her success being from the Baby Steps. I love Dave and am so thankful I found his plan to get me inspired to change but I also like watching other people bring their own ideas to the table of what works for them. Her paycheck budget worksheet and her highlighting method have been super helpful as I am a visual person. Every dollar app is great and all but I like writing things out and seeing it on paper.
I linked the wallet that I bought myself which is cheaper than others I have researched. I love it...I think it comes in black and navy as well as the red.
All-in-One Cash Envelopes Wallet with 12 Budget Envelopes & Budget Sheets - Red https://www.amazon.com/dp/B07VZP184G/ref=cm_sw_r_cp_api_i_6UOMDbPVW4Z6M