I used to think the envelope system was a waste of time, but a trip to the hardware store changed my mind.

I was at the local Ace buying supplies for a job, and I had $200 cash set aside for it. I saw a new tool I wanted, but holding that physical cash made me stop and realize it would blow the budget. That physical limit worked better than any app alert. Does anyone else find that old-school methods click better for certain spending categories?

2 comments

2 Comments

paule532d ago

Actually, that's the envelope system (you just used it).

jessica_bailey2d ago

My cousin swears by cash for her grocery budget. She says seeing the money leave her wallet makes her think twice about snacks.