The Envelope System

Having hard time budgeting your finances?
Try the envelope system. This works for me. Not for everyone. Its simple. Just get old/used envelopes. Label them with expense classification. (Savings, Food, Transpo, Elec., Water, DSL, etc...). Every payday put your budget for each classification. Keep your envelopes in a safe & secure place. You only use the budget of each envelopes. At the end of the month, whatever is left in the envelope is carried over and added to the next month’s budget. So, don't use all the money in those envelopes. That's the pupose of it. So you can have extra money for the next month. And remember to pay yourself first.