Tag Archives: Envelope System

Oh Oh. I’ve Got Too Many Bills.

My husband and I just spent a wad of cash remodeling our kitchen. Actually, I wish it was cash. We spent that good ol’ American money called credit card and now we are paying the price. We have to go on a budget. Hubby and I have been married a long time. Twenty five years in fact, and we’ve talked a good talk about budgets. Every few years we would sit down together and actually write one out, but then something important comes up. Like a new outfit for a wedding or new bike shoes for hubby. We’d spend the … Continue reading →

Hi, I’m Michelle and I’m an Overspender

I’ve been a working gal all my life. My first job was at twelve years old helping the neighbor lady in her small grocery store down the road. Every Friday I’d proudly get my paycheck and…. spend it. Years later,as a married woman, I more or less did the same thing. I got my paycheck, and hubby and I spent it. We went out to dinner, to the bars, I got massages, had spa days, and bought new clothes at the trendy spot downtown. Then Hubby and I adopted a little girl and I quit working. Suddenly we found ourselves … Continue reading →

Budget Strategies: The Envelope System

One method of budgeting is the envelope system. This system is incredibly simple to do. It can stop any overspending problems you have and you can easily adapt it to meet your needs. The first person who ever told me about this system was my grandmother. She utilized this method before the days of checkbooks and debit cards. It really does work, and if you have problems sticking to a budget it may work for you. To utilize the system you take your budget and write the name of each category on an envelope. Then you go to the bank … Continue reading →