Budgeting Method #1 – The Envelope System

Budget Method #1:  Envelope System Maybe you’ve heard your grandparents talk about how they managed money in their younger years.  They got paid, cashed their paychecks, and divided cash into envelopes labeled for each monthly bill:  Rent, utilities, groceries, gas, clothes, and entertainment.   When the cash in each envelope ran out, you were done spending…