My Cash Envelope Wallet Setup

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  • Опубліковано 8 лип 2024
  • Hey Guys! Today's video is on my 3 Cash Envelope Wallets and how they are setup for my cash system. I use them for spending, fun saving, and sinking funds. Are you currently using cash envelopes? How do you use them?
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    0:00 - Introduction
    0:51 - Cash Envelope Description
    1:48 - Spending Envelope
    5:06 - Saving Envelope
    7:39 - Sinking Fund Envelopes
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КОМЕНТАРІ • 58

  • @TheOrganizedMoney
    @TheOrganizedMoney  2 роки тому +13

    Hey Guys! Today's video is on my 3 Cash Envelope Wallets and how they are setup for my cash system. I use them for spending, fun saving, and sinking funds. Are you currently using cash envelopes? How do you use them?

    • @notmessy519
      @notmessy519 2 роки тому +2

      I have been doing my best with cash envelopes. It is about consistency and during these times it's been trying. So I am getting back into them

    • @annahuynhfernandez
      @annahuynhfernandez 2 роки тому +2

      I have a mix of daily spending and sinking funds. I just made 12 new envelopes today and put them in my mini happy planner. I know you love the disc system too so you could also throw them in a disc planner. But I also have the personal A6 and the same zippered envelopes. They just get a little bulky overtime.

    • @annahuynhfernandez
      @annahuynhfernandez 2 роки тому

      I would love to send you some custom clear vinyl laminate cash envelopes!! Do you have a PO Box? 💌 💌 💌

    • @bitrudder3792
      @bitrudder3792 2 роки тому +1

      Chic take on envelopes !
      I keep it simple with post-it sticky notes and colored paper clips around cash categories in the side pocket of my wallet, ditto for sorting receipts from different cards in the inner pockets, and cash receipts in the last outside pocket. My spending is fairly minimal.

    • @laurac.4986
      @laurac.4986 2 роки тому

      @@notmessy519 ó

  • @qofensunshyne7187
    @qofensunshyne7187 2 роки тому +25

    I have trying to get started with my cash envelopes since July 😳… hopefully I succeed this month. That mustard color is EVERYTHING ❤️😍

    • @alexislane7175
      @alexislane7175 2 роки тому +6

      The saying goes... If you don't succeed try and try again. You got this SunShyne

    • @MichelleTurnz
      @MichelleTurnz 2 роки тому

      You got this sis 😍

  • @springboi385
    @springboi385 2 роки тому +4

    started my cash envelope system last may and so far so good. :) was able to save and clear up some debts. i can say it has really developed discipline in me when it comes to my finances.

  • @kaitlynwass4866
    @kaitlynwass4866 2 роки тому +7

    Her trying to avoid calling those labels obnoxious "so I didn't have to write them in" like girl we know those bright colored labels are loud and obnoxious 🤣

  • @tiffanymarie2097
    @tiffanymarie2097 2 роки тому +1

    I have been binge watching you videos for weeks and I have to say I love your channel! I have learned so much. I am a paper planner girl that mostly only uses cash envelopes. You break it down so it is all doable and can fit into my own system. Thank you so much!!!

  • @WellBalancedWallet
    @WellBalancedWallet 2 роки тому +2

    Such a great idea to use 3 separate wallets!

  • @lifenlegacy7333
    @lifenlegacy7333 Рік тому

    Loving those colours. 🇯🇲

  • @ellenthronson1796
    @ellenthronson1796 2 роки тому +1

    Just ordered three of the wallets and am excited to go back to a cash envelope system. I learn something from every one of your videos

  • @jomearac
    @jomearac 2 роки тому +11

    I am Australian are rarely use cash anymore. Especially since Covid-19 hit, stores always prefer contactless payment than their staff handling cash. On a trip to the US a few years ago I was surprised when the cashier wanted to compare my signature to that on my card. We no longer sign our cards at all but use pin numbers for security.

    • @madswansfan1
      @madswansfan1 2 роки тому +3

      I’m an Aussie too. I haven’t used cash since COVID started and wasn’t using it often before that. When I heard about these cash envelopes I thought it was quaint and old-fashioned.

    • @hannahc..
      @hannahc.. 2 роки тому +1

      Very similar in the UK - lots of places I go to say they are cashless now and only accept cards

    • @bitrudder3792
      @bitrudder3792 2 роки тому +1

      It happens in some places in the US, as well. That is where the cv/envirotyrants want to go...so they can control how you spend...or whether you are allowed to spend.

    • @mariacristinaranauro2427
      @mariacristinaranauro2427 2 роки тому +3

      Same situation in Italy where we have to use debit or credit cards. I found a rechargeable debit card that allows me to create envelops and every week they are filled from my bank. As I need the money I switch it from envelope to card and pay. It helps me to reach the goals.

    • @user-jv1cl2fs6m
      @user-jv1cl2fs6m 2 роки тому +1

      Dang...what the heck is going on in Australia? Everything about the country has gone exponentially bonkers! (Present company excluded)!!

  • @lindawoodfill503
    @lindawoodfill503 2 роки тому

    Thanks ! Great tips ! Planning on doing this for the new year .

  • @LifeWithTheChounardSix
    @LifeWithTheChounardSix 2 роки тому

    I love that yellow!

  • @guccideltaco
    @guccideltaco 2 роки тому

    Your budgeting is GOALS!

  • @melanieannplans2666
    @melanieannplans2666 2 роки тому +6

    I love the idea of keeping a tracker in each of the individual envelopes! Right now I'm going to use this system strictly for my variable expenses, as I'm still new to this system and I don't want to overwhelm myself too much right off the bat.
    Wishing you all the best as you move forward with the home repairs following Ida!

    • @DavidEVogel
      @DavidEVogel 2 роки тому

      keeping a tracker in each of the individual envelopes!
      I do this with variable expenses such as my dog. $232/month. The tracker is a sheet of bond paper folded lengthwise. It shows credits, debits and the balance.

  • @ZionRV
    @ZionRV 2 роки тому +4

    So glad for this video. I have a similar 6 ring wallet and currently using the laminated cash envelopes I found on Etsy over a year ago. I hole punch my registers and keep them in front of the envelope

  • @thebudgetingbiologist8774
    @thebudgetingbiologist8774 2 роки тому

    Glad you’re back to using the cash envelope system! I started in August, and I don’t think I’m going back. Great video 💕

  • @TurquoizBlue
    @TurquoizBlue 2 роки тому +1

    Very nice setup. Cash rules!

  • @BudgetWithJeanette
    @BudgetWithJeanette 2 роки тому +6

    So happy you are using the envelope system now! I use it too! I have my cash envelope wallet and sinking funds wallets but I think I’m going to include a savings one since I have them all together! Great explanation 💜

  • @pattyelaine9563
    @pattyelaine9563 2 роки тому

    I like the idea of collecting your ones and using it for fun.

  • @karenmyrie6215
    @karenmyrie6215 2 роки тому

    The green & yellow wallets 🤩😍🤩😍

  • @lightworker6298
    @lightworker6298 2 роки тому

    Wow!!! You are great. Thanks

  • @gracebrofar3174
    @gracebrofar3174 2 роки тому

    Great video! I’m glad I found your account.

  • @emptynester547
    @emptynester547 2 роки тому

    Nice video!

  • @ProspectivePlans
    @ProspectivePlans 2 роки тому +1

    Loving your cash envelope setup! 💫 Keep rising to be who you want to be! 💫 #keeprising #risingtobe #aswerise #riser #irise

  • @bunnys47
    @bunnys47 2 роки тому

    Thanks to the organize money 😁I got The book of Dave Ramsey and try to start my journey, I am not organize like you but I am working on it 🙏💕

  • @4tsimmons
    @4tsimmons 2 роки тому

    I’m new to your videos and was involved in hurricane ida myself I live in Louisiana so I feel your pain

  • @kristenliebsch5598
    @kristenliebsch5598 2 роки тому +1

    Question: you go to the MAC machine on pay day and take out all the pay?

  • @gerigowers8318
    @gerigowers8318 2 роки тому

    Love this idea. I had all of mine in a Dave Ramsey wallet and unfortunately, with everything going into one wallet, by the end of the year (some of the expenses I save for are yearly), it won't even close (lots of singles in there) and then the tracker (which is the actual envelope) portion of the paper envelope fills up as you document what you've put in there. I'm going to switch to the individual wallets like you're showing. Also, still have to set up my TUL planner, but I sometimes get confused with your videos even though I don't need some of the sections that you have. I need to focus on getting mine set up for my situation and lifestyle.

  • @ameliablackmon5757
    @ameliablackmon5757 2 роки тому

    Hello! I am trying the envelope method as a way to get my finances back on track. I went to your shop to try and find the trackers to put in each but did not see them. Do u not offer them anymore? I purchased your planner as well last year. I can’t wait to get started. Love your content.

  • @sadegumbs7441
    @sadegumbs7441 2 роки тому

    Hi hun question. I wanted to know. These days everyone gets pay on their banks card. Do you add up everything and then draw it out from your card.take it out then add it to your envelopes.

  • @royaleBlack
    @royaleBlack 2 роки тому

    Hi

  • @kdabneymba
    @kdabneymba 2 роки тому +1

    Hi, do you feel this system would be just as effective if I just use the trackers without the cash? I’ve never been consciously comfortable carrying a lot of cash around.

    • @username00009
      @username00009 2 роки тому +1

      Most people don’t carry all of their envelopes - they transfer what they expect to use before they leave the house, which also helps to curb impulse purchases.

    • @DavidEVogel
      @DavidEVogel 2 роки тому

      You're thinking a virtual budget with virtual envelopes stuffed with virtual money? Try it and let us know how it works out.

    • @keikof9188
      @keikof9188 2 роки тому

      I think I know what you mean! I RARELY use cash because I'm currently trying to build credit, but cash envelopes have always intrigued me. I'm thinking of trying this but moving the actual cash out of the corresponding pocket (ex. food) into a "spent" pocket or something like that, so I can still visually see the money has moved. The only problem I can see is you HAVE to be disciplined to record every single time you spend and actually move that money out. But hey, nothing wrong with building better habits, right? :)

    • @DavidEVogel
      @DavidEVogel 2 роки тому

      @@keikof9188 I’m willing to wager that if your family income is $60k/year, you can account for $50k spending. This is why I recommend the new cash stuffers begin with a "Where does my money?" spreadsheet.

  • @wafajbali5467
    @wafajbali5467 2 роки тому

    i couldn't get it in Tunisia im so desperate to have it

  • @WithLoveShante81
    @WithLoveShante81 2 роки тому +2

    Are gifts part of sinking funds?

    • @ZionRV
      @ZionRV 2 роки тому +1

      Yes because you are saving

    • @TheOrganizedMoney
      @TheOrganizedMoney  2 роки тому +2

      Yes. I'm saving for whenever I need to purchase a gift for someone...

  • @potassiumchan9396
    @potassiumchan9396 2 роки тому +1

    It seem like Japanese style...Their home wife will organise money like this