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My aunt showed me her cash envelope system at a family cookout

We were at her place in Dayton last month and she pulled out these labeled envelopes from her kitchen drawer. One said 'groceries $300', another 'gas $120'. She told me, 'When the cash is gone, the spending stops for that category.' I started doing it for my takeout budget and saved $80 this month. Anyone else use this old school method for specific spending?
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3 Comments
angelapalmer
Feel that, my budget envelopes are mostly just for guilt these days.
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jamie_clark
Saw a thing that called them shame folders, which is too real.
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clairec78
clairec789d ago
My aunt's system would just be a drawer full of empty envelopes labeled 'dignity' and 'self control'.
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