The technology is incredible. In a world of swipes, taps, and clicks, almost anything you desire is just a few seconds away. Information is readily available, communication is instantaneous, and transactions are smooth. From a life-size cutout of Danny DeVito to a last-minute dog walker for Groucho Barks when you’re working overtime, you can get just about anything quickly and with very little effort.
And for many, that convenience comes at a cost—like waking up to find Danny DeVito propped up in your living room, and realizing that purchase wasn’t It’s not an emergency.
Debit cards and credit cards are the most common payment methods today. This makes it easy for us to make impulse purchases or overspend. The lack of planning and thinking involved in managing money today makes it harder to align your spending habits with your priorities.
A cash envelope system, also known as envelope budgeting or cash stuffing, is a budgeting method using cash and envelopes that encourages you to create a plan for your money by assigning it to specific spending categories. The envelope budgeting method can help you become more aware of your spending habits, and balance them out.