I always like watching your "how to" videos even though my amounts are much less than yours. I add $5 to each sinking fund every Saturday, but I'm still seeing growth. I get paid every week and this method has saved me from using my credit card on several occasions this year.
@@sandraholmes4262 sinking funds are things you want to save for that might put you over your budget if you didn’t save a little each month, like Christmas, birthdays, and vacations. When you set aside a specific amount for each item, you don’t have to come up with a large sum of money all at one time.
When I get my money home, I "play bank". Just like the game Monopoly, I make a pile of 100's, 50's, 20's, etc. Then I stuff my envelopes. It makes it easier for me. Great video.
I just have to say this video is a LIFE SAVER!!! I am a new college graduate and am looking to get a head start on my life by budgeting! I have been researching methods the past couple of days but I am seriously sold on this method. It's visual and keeps a hard look at what money you do and don't have! Thank you for helping me!
This is great, I follow Dave Ramsey and it’s been working great, but all the nitty gritty details to make the baby steps into black and white practical steps takes practice. I have my method down after months and she just presented it clean and organized in 20 min 👍😁 awesome!
Yesss I loved seeing the full process. The cash stuffing and coloring in is the best part and I understand why you normally spend it up but it’s so satisfying
I envy your method for saving money and spending!!! My concern is ithe cash envelope system, I hope you keep these cash envelopes in a safe when not in use!!! Fabulous ideas for spending money this way!!
Budget Mom, I Love your videos, I just ordered your Paycheck binder and can't wait to receive it. I have a son who is Schizophrenic and all my 401 k went to his treatments. I am 63 years old and starting over.
Im currently working on my monthly budget and color coding after seein one of your videos of weekly paychecks. And how to allocate your paychecks to cover other bills for next month. Thank you so much. I can't wait to get back on track with my sinking funds.
You’re so smart! Kudos to you for taking charge of your finances and not being afraid to track your spending. I’m like an ostrich when it comes to my finances. I’m so afraid to deal with money.
Miko, alrightie.... I'm FINALLY READY!!! lol I've been tweaking and perfecting our budget for a few years now and 2020 has really taught me where we WANT our money to go and where it HAS gone! Using ALL the info from my "Where did my Money go worksheets" I now know just how much to pull into our Variable spending, our Sinking funds and also towards our extra debt payments and 2021 Savings challenges. 💙💜💙
@13:08 "as you can see, my christmas envelope broke on me, cuz it is 🎶 so full of munnneeey🎶😏 #happymiko Side note: I write this because this is a little moment of celebration for how long she has been saving this money for. We all have a moment when we sing when we see us reach a sinking fund goal or see it growing. Please know I am not mocking Mico I think it's great how she's managed her money so she can have a moment of Celebration and knowing she will have Christmas covered financially :-) Hi-5 Miko!😁🖐🤚✊👊🤜🤛👊🖐👍
Great tips. I use the cash envelope system for my monthly expenses but I don't use it for challenges or savings as I don't feel safe walking around with so much money. I automatically transfer the money on a specific account and I write everything down.
This was a good video. But I was a little stressed out. I budget but this is a whole other level. Some of these I would just have in savings for like next year birthdays and things but you do you I guess
On day 4 of the online class. That expenses I should budget for but don’t omg. I think I emailed you last week and you told me about it. Thanks Miko - Jasmine Coleman
I worked in a bank on cash for 15 years. I would have LOVED if even one customer was that organised to hand me cash notes breakdown. Instead they call it out- so irritating! Just hand me the breakdown of denominations you want
I use a cashless system that involves board game money. 😂 Every dollar matches a dollar in the bank. I also create my own challenges and envelopes and budget based on $5 increments.
Slovakia and countries in the Eurozone have coins as well: • 1, 2, 5, 10, 20, 50 cent coins (1 & 2 cent coins are "eradicated", they're not accepted and evem vending machines reject them), • 1 and 2 euro coins, • 5, 10, 20, 500, 100, 200 euro bills. I keep saving up my coins (except 1 & 2 cents) to condense to at least 5 euro bills, so it's tough 🤣
Thank you for taking the time to explain so clearly. I am new to cash envelope stuffing and have started clothing and beauty categories because I noticed I over spend in skincare products and underspend in clothing category.
I'm having a hard time coming up with categories besides groceries. I don't get Takeout, celebrate any major holidays, get starbucks or go shopping. Any saving sinking funds i use savings accounts and earn interest. I'm using the happy planner envelopes but I'm drawing a blank as to the categories I could use in cash.
@@jenniferrosenthal7731 (I just saw this, sorry for the delay) Yes, definitely cash for gas; however, I use the Ralphs Rewards and get $1.00 a gallon off sometimes. I still haven't adopted the envelope system as my family's expenses have absolutely skyrocketed. Most household stuff are in a Costco run, so I have a separate envelope as I go weekly now. So, I'm up to two envelopes! lol I take care of a lot of people, so no vacations for me. I can drive to a beach or go to a zoo out here in Southern California for recreation, all free. So, for now, three envelopes that will go with me: Costco Groceries (which includes Pet Foods as my dogs eat a raw diet) Fun Money: $40/monthly for some pens, stationery, cute kitchen decor at Home Goods. Keeps me from overspending on "mindless shopping", which I'll rollover. but long-term: Clothing (Every 6 months, I'll buy what I need to replace in my wardrobe) Beauty (also every 6 months, I'll replace what needs replacing)
I wish I had found this video when I was starting out as I struggled a lot in the beginning. Great video. I have recently started my own UA-cam journey to share my experience with others.
I really need to start doing this with my food, fun, and pet expenses. Although I find for groceries, I spend less when I do mobile pickup vs shopping in store. Easier to track total and not throwing in random "ooh that looks cool" junk. Just started a new job that pays me weekly so great opportunity to get this going. I'm going to start next month so that way I can get familiar with the new income and timing. My only issue with the system is that I'd rather put sinking funds in a savings account so I can earn interest. My credit union (BECU) lets me split up the amounts into categories so I can see my goals.
I have separate accounts under my high yield savings. They are the accounts that I don’t touch much (once or twice/yr) Other sibling funds stay as cash because I need to access them more often and the interest earned on those would be nominal. I have 10 sub accounts on my high yield account.
I pay for just about everything with my credit card to get cash rewards, and I always pay it off by the end of the month. I use the cash envelopes and when I make a purchase, I pull out the cash from the corresponding envelope and put it into my online shopping envelope. I then deposit it in my checking account to pay on the card. What expense tracker do I record my transactions on, the Cash Expense Tracker or my Credit Card Tracker?
More and more places are not wanting cash due to Covid, or they’re wanting exact change because of a coin shortage. What do you suggest in this weird time we are dealing with? Do you suggest getting several different prepaid cards for each category? Is there something else you would suggest?
Hi, I have one thing to ask. When you leave the house to go shopping or to the park or to any other place, do you carry your wallet with all the envelopes with you or do you make choices?
I’m trying to figure that out also. I think it would be more beneficial to use a credit card for purchases, get home, calculate it, and maybe take money out of each category’s envelope to deposit? I still want to use my credit card cause I get good rewards.
There is another method where you keep an envelope that is empty. You write your budget on the top. As you purchase with cash or card you put the receipts in the envelope and subtract to find how much you have remained. For example, you have $300 for food. You shop, it costs $95.63. You write down “Store” $95.63 and calculate you have $204.37 remaining. I used to do this :)
I really like your desk / office furniture, might you provide a link for it? Most filing cabinet desks are unattractive. Love yours and your office chair!
So you just carry the variable envelopes in your wallet and leave the sinking funds envelopes at home? It seems like a good system- just trying to see how that’s better than having it in the bank. Love the colorful products.
I’ve just started watching your channel. Love the content. I ordered the live rich planner and can’t wait to get it. I have watched a few envelope stuffing and wonder ... what do you do with the change? Sorry guys if that’s a silly question.
She explained in another video she puts her change in a jar and she makes a deposit into her son's college savings account I believe like once a year. If you need it you could just put it in the envelope and use as needed.
@@thebudgetmom Are new sinking fund envelopes going to be available in the shop? I was just think that I really want some and was hoping** that maybe the new graphic artist you have is working on a new set?
Will the new people House envelope with the trees be available to purchase? I already own the sinking fund envelopes, and I would love one for my house savings. Please let us know. Thank you.
I have a question regarding shopping for groceries etc. Do you devide your items into those same categories your envelopes have, when you pay for them at the cashier, when you buy not just food but also beauty stuff or others at one place? I hope you understand what I'm trying to say.
Sometimes I just pay for everything out of my food envelope, but replenish it using my beauty envelope for whatever wasn’t actually food. But if you plan ahead and know what you’ll be spending on nonfood items, then you can always put that cash into whatever envelope your bringing. Or just bring all of your envelopes!
@@DominiquesDay thank you for answering :) I often find myself doing the first 'method' you described but I find it mostly annoying having sort it out later. Maybe I should invest a little bit more time beforehand 😅
Ly R I completely understand the struggle. Personally, I do the sorting because I don’t buy much of anything else at the grocery store. But if I am like really running out of toothpaste or a deodorant, I’ll grab it, leave it last and then let the cashier know I have two separate transactions. They are usually ok with it. But I also do take both because you never really know. The times I don’t bring one or the other, I take from miscellaneous and then put back into that envelope.
I purchased your new planner I'm so excited and anxious that I wont do it right as my budget and living in Dublin with euros things are very different. I'm only tracking my wages as we have separate accounts we have our Bill's anc my husband has his Bill's as in the car his insurance and tax and anything to do with the car he gives me money every month for our Bill's I get paid fortnightly so I'm a bit 🤪🥴
If you are at least a year ahead in your sinking funds goal, do you ever put the amount into another sinking fund for the remaining year? For example you're a year ahead in meeting let's say the boyfriends birthday...do you take that amount and put it towards another one like your Costco or house?
Do you carry the whole Filofax wallet with you when you're out, or take only relevant envelopes? I found the envelope system well thought out, and cleaner than what I'm using now. Thank you for this video!
Thank you for this video. I have a question: I am new at using cash envelopes. If my food budget is $500 a month and I fill my envelopes twice a month ($250 each), what should my starting budget be on the cash envelope? $500 or $250?
I am a visual learner, this was a great video.
I always like watching your "how to" videos even though my amounts are much less than yours. I add $5 to each sinking fund every Saturday, but I'm still seeing growth. I get paid every week and this method has saved me from using my credit card on several occasions this year.
I add only once a month 5€ to most of my envelopes
Every cent/penny COUNTS! It all adds up.
Ditto
Confused on sinking fung
@@sandraholmes4262 sinking funds are things you want to save for that might put you over your budget if you didn’t save a little each month, like Christmas, birthdays, and vacations. When you set aside a specific amount for each item, you don’t have to come up with a large sum of money all at one time.
I worked retail for 35 years and watching you turn that money every which way made me crazy, lol
When I get my money home, I "play bank". Just like the game Monopoly, I make a pile of 100's, 50's, 20's, etc. Then I stuff my envelopes. It makes it easier for me. Great video.
Oh WOW! Now THIS is an idea I can rock wit! Do you vids on this? Nm Bout 2 watch ur channel
Literally what EVERYONE else does already
I play bank too....and pretend to buy Mayfair ;)
This is the luxury of pre-inflation. Those were the days.
I just have to say this video is a LIFE SAVER!!! I am a new college graduate and am looking to get a head start on my life by budgeting! I have been researching methods the past couple of days but I am seriously sold on this method. It's visual and keeps a hard look at what money you do and don't have! Thank you for helping me!
I love that you're planning for next year already, I love watching your videos to a debt-free lifestyle. I wish I learned this even sooner!
This is great, I follow Dave Ramsey and it’s been working great, but all the nitty gritty details to make the baby steps into black and white practical steps takes practice. I have my method down after months and she just presented it clean and organized in 20 min 👍😁 awesome!
Yesss I loved seeing the full process. The cash stuffing and coloring in is the best part and I understand why you normally spend it up but it’s so satisfying
I envy your method for saving money and spending!!! My concern is ithe cash envelope system, I hope you keep these cash envelopes in a safe when not in use!!! Fabulous ideas for spending money this way!!
Budget Mom, I Love your videos, I just ordered your Paycheck binder and can't wait to receive it. I have a son who is Schizophrenic and all my 401 k went to his treatments. I am 63 years old and starting over.
Great video! Creating sinking funds for a year in advance is genius. Thanks for such a detailed explanation on everything!
You give such a clear explanation of the breakdown of envelopes, etc. Me like you..lol. I really enjoy your videos.
The cash teller slips are a brilliant idea!
My gosh I am SO glad I found you!!! There is hope for me yet!!! Thank you for being so clear!!!!
You actually inspired me to start my own budgeting journey and I used your videos for research so thank you so much!
Im currently working on my monthly budget and color coding after seein one of your videos of weekly paychecks. And how to allocate your paychecks to cover other bills for next month. Thank you so much. I can't wait to get back on track with my sinking funds.
Chaparra J. Which video did you watch for the weekly paychecks
You’re so smart! Kudos to you for taking charge of your finances and not being afraid to track your spending. I’m like an ostrich when it comes to my finances. I’m so afraid to deal with money.
If you are consistent, it's exciting to see how much you have saved for your sinking funds. Love your videos! Best wishes and keep at it Kumiko!
Maybe Ryen could do a stuffing cash video too with her budget??
Oh I'd love to see that aswell
Christina Knepp yes to this!!
Yes please!!
Yesss :-)
Me 2
I have your cash breakdown slips...my tellers love them.
Love the "online shopping" envelope.. great idea!
I love how simply you put this! Love the video! 🥰💙
I love how organized everything is. I'm all about organization
Miko, alrightie.... I'm FINALLY READY!!! lol
I've been tweaking and perfecting our budget for a few years now and 2020 has really taught me where we WANT our money to go and where it HAS gone! Using ALL the info from my "Where did my Money go worksheets" I now know just how much to pull into our Variable spending, our Sinking funds and also towards our extra debt payments and 2021 Savings challenges. 💙💜💙
“Cause it’s so full of money” 😂😂😂😂 ILYSM that cracked me up.
@13:08 "as you can see, my christmas envelope broke on me, cuz it is 🎶 so full of munnneeey🎶😏 #happymiko
Side note: I write this because this is a little moment of celebration for how long she has been saving this money for. We all have a moment when we sing when we see us reach a sinking fund goal or see it growing. Please know I am not mocking Mico I think it's great how she's managed her money so she can have a moment of Celebration and knowing she will have Christmas covered financially :-) Hi-5 Miko!😁🖐🤚✊👊🤜🤛👊🖐👍
These videos are so important, thanks Miko!
I am a visual learner too! I love this tutorial very much. 😘
Great tips. I use the cash envelope system for my monthly expenses but I don't use it for challenges or savings as I don't feel safe walking around with so much money. I automatically transfer the money on a specific account and I write everything down.
This was a good video. But I was a little stressed out. I budget but this is a whole other level. Some of these I would just have in savings for like next year birthdays and things but you do you I guess
When do you plan on having the budget by paycheck workbook available? I've been wanting it for months. So excited for it!
I love how you teach us to save but I live day by day because I don't know about tomorrow. I save for my current year.
On day 4 of the online class. That expenses I should budget for but don’t omg. I think I emailed you last week and you told me about it. Thanks Miko - Jasmine Coleman
You’re so organized-I’m trying to do the same-like your setups-signed up for your class and bought the book! Listen all the time!👍
i wish i could be as organized lol your cash envelope are so cute great video i love how you explained it and showed everything
I worked in a bank on cash for 15 years. I would have LOVED if even one customer was that organised to hand me cash notes breakdown. Instead they call it out- so irritating! Just hand me the breakdown of denominations you want
When you realize here in Canada, we don’t have $1 bills, but $1 coins... making it a hell a lot more heavy to do this system😭
Seriously, this is where you think outside the box. Australia has $1 denoted in coin too. So I do $5.
Make your budget $5 based so you can use bills
@@MarysCashStuffing 😭😭😭
I use a cashless system that involves board game money. 😂 Every dollar matches a dollar in the bank. I also create my own challenges and envelopes and budget based on $5 increments.
Slovakia and countries in the Eurozone have coins as well:
• 1, 2, 5, 10, 20, 50 cent coins (1 & 2 cent coins are "eradicated", they're not accepted and evem vending machines reject them),
• 1 and 2 euro coins,
• 5, 10, 20, 500, 100, 200 euro bills.
I keep saving up my coins (except 1 & 2 cents) to condense to at least 5 euro bills, so it's tough 🤣
Thank you for taking the time to explain so clearly. I am new to cash envelope stuffing and have started clothing and beauty categories because I noticed I over spend in skincare products and underspend in clothing category.
I'm having a hard time coming up with categories besides groceries. I don't get Takeout, celebrate any major holidays, get starbucks or go shopping. Any saving sinking funds i use savings accounts and earn interest. I'm using the happy planner envelopes but I'm drawing a blank as to the categories I could use in cash.
Transportation, household, vacation?
@@jenniferrosenthal7731 (I just saw this, sorry for the delay) Yes, definitely cash for gas; however, I use the Ralphs Rewards and get $1.00 a gallon off sometimes. I still haven't adopted the envelope system as my family's expenses have absolutely skyrocketed.
Most household stuff are in a Costco run, so I have a separate envelope as I go weekly now. So, I'm up to two envelopes! lol
I take care of a lot of people, so no vacations for me. I can drive to a beach or go to a zoo out here in Southern California for recreation, all free.
So, for now, three envelopes that will go with me:
Costco
Groceries (which includes Pet Foods as my dogs eat a raw diet)
Fun Money: $40/monthly for some pens, stationery, cute kitchen decor at Home Goods. Keeps me from overspending on "mindless shopping", which I'll rollover.
but long-term:
Clothing (Every 6 months, I'll buy what I need to replace in my wardrobe)
Beauty (also every 6 months, I'll replace what needs replacing)
Thank you for explaining things so well. It’s hard to follow some videos when parts are skipped. Very informative and easy to relate to.
This is Amazing and life changing! Seriously, God bless you.❤️
I’m not an envelope user but these cute envelopes might change my mind.
I think thats why I started to use this method lol
I wish I had found this video when I was starting out as I struggled a lot in the beginning. Great video. I have recently started my own UA-cam journey to share my experience with others.
Totally random, but I love your pen. I am so picky with my pens, and the one you use looks like one I would use because of the grip.
I am so glad I wasn’t the only one lol. I loved it too. I’m a particular person when it comes to pens 🖊 and I just want to get that one :-)
Krystal Landrove Thank goodness I am not the only one!
I need to print those papers and envolopes. Please help me. I tried to do it before, but with you I learned in the best way for my life style.
I really need to start doing this with my food, fun, and pet expenses. Although I find for groceries, I spend less when I do mobile pickup vs shopping in store. Easier to track total and not throwing in random "ooh that looks cool" junk. Just started a new job that pays me weekly so great opportunity to get this going. I'm going to start next month so that way I can get familiar with the new income and timing.
My only issue with the system is that I'd rather put sinking funds in a savings account so I can earn interest. My credit union (BECU) lets me split up the amounts into categories so I can see my goals.
Yup same here. Once I started my new job awhile back I did this system and it works.
I have separate accounts under my high yield savings. They are the accounts that I don’t touch much (once or twice/yr)
Other sibling funds stay as cash because I need to access them more often and the interest earned on those would be nominal. I have 10 sub accounts on my high yield account.
I pay for just about everything with my credit card to get cash rewards, and I always pay it off by the end of the month. I use the cash envelopes and when I make a purchase, I pull out the cash from the corresponding envelope and put it into my online shopping envelope. I then deposit it in my checking account to pay on the card. What expense tracker do I record my transactions on, the Cash Expense Tracker or my Credit Card Tracker?
So glad I found you! Hugs from Montana
Thanks. Now I have a clearer picture for stuffing my envelopes. 💜
I loved the video! Loved how you broke it down really well. Thank you as always for all of the great content and help with budgeting.
Oh My God, you are sooo good. How i wish i came across your channel earlier.
I am going to start cash envelopes soon! With my side job
Wow! This is a game changer. Can't wait to try this method out!
Yessss lol when you started talking about the denominations very specific detailed
This video was exactly what I needed! Answered all my questions 🙌🏼
More and more places are not wanting cash due to Covid, or they’re wanting exact change because of a coin shortage. What do you suggest in this weird time we are dealing with? Do you suggest getting several different prepaid cards for each category? Is there something else you would suggest?
Just one question: why not use a high interest savings account with buckets to save these amounts so you can earn a little interest while it sits?
I do that with funds that I don’t touch often
The other ones I keep as cash because the amounts are much smaller
I love your videos! You’ve helped us so much with budgeting and saving. Are you still going to post the video on your nails?
Yes, we will be posting that on Wednesday :-)
Hi, I have one thing to ask. When you leave the house to go shopping or to the park or to any other place, do you carry your wallet with all the envelopes with you or do you make choices?
Same question
I’m trying to figure that out also. I think it would be more beneficial to use a credit card for purchases, get home, calculate it, and maybe take money out of each category’s envelope to deposit? I still want to use my credit card cause I get good rewards.
There is another method where you keep an envelope that is empty. You write your budget on the top. As you purchase with cash or card you put the receipts in the envelope and subtract to find how much you have remained. For example, you have $300 for food. You shop, it costs $95.63. You write down “Store” $95.63 and calculate you have $204.37 remaining. I used to do this :)
I'm glad I found your channel.
What would go in the household category? Like cleaning products? Love you and all you already taugh me! Thanks so much ❤️
That's what I use my household category for: cleaning products, paper towels, aluminum foil, detergents, etc.
To print your envelopes what type of paper you use or which one do you recommend
ua-cam.com/video/IXYT0Urfrno/v-deo.html here’s the link to the video she talks about them. She has links to everything you need! Hope this helps!
You can switch out a lot of the little bills for bigger bills to keep the envelopes from breaking 💋
Your simply the best!
I really like your desk / office furniture, might you provide a link for it? Most filing cabinet desks are unattractive. Love yours and your office chair!
So you just carry the variable envelopes in your wallet and leave the sinking funds envelopes at home? It seems like a good system- just trying to see how that’s better than having it in the bank. Love the colorful products.
Where do you keep your envelopes? To make sure its safe and secured.
Id like to know this as well!! 🤔 💭
For sinking funds do you ever switch out smaller bills for big bills once you have it? Just so it’s not so bulky?
I definitely do!
Yes! In Canada we have heavy $1 and $2 coins. Every few months they get swapped out for bills.
Do you ever exchange money in your sinking fund to larger bills once you've reached higher amounts and your envelopes are bursting? If not why not?
I love your videos, they’re keeping me focused on my debt journey! Where can I get a wallet like this with the envelopes?
I’ve just started watching your channel. Love the content. I ordered the live rich planner and can’t wait to get it. I have watched a few envelope stuffing and wonder ... what do you do with the change? Sorry guys if that’s a silly question.
She explained in another video she puts her change in a jar and she makes a deposit into her son's college savings account I believe like once a year. If you need it you could just put it in the envelope and use as needed.
I put it i a jar and will deposit it toward a savings goal when it gets full.
Thanks,
I put all my coins in to saving tin and thats for Christmas food shop x
What happens if you’ve reached sinking funds for 2021... do you automatically move on to 2022? Like Chris’ bday where you’re almost done for 2021.
How can I get that cash envelope breakdown worksheet and paycheck bill tracker journal ?
Ciao una domanda per gli ordini on line come ti organizzi?grazie😉❤️
I really need this book!! Do you have a monthly budget one? ! I tried making my own but yours is so great!
@@aitch9185 I got her printable download and I LOVE IT!!!
Where can we find the sinking funds envelopes that have the house and the mixer on them? I love those!
Those are new ones I have added to my budget in the last month :-)
@@thebudgetmom Will they be available to purchase in your shop ? ;)
@@thebudgetmom Are new sinking fund envelopes going to be available in the shop? I was just think that I really want some and was hoping** that maybe the new graphic artist you have is working on a new set?
Will the new people House envelope with the trees be available to purchase? I already own the sinking fund envelopes, and I would love one for my house savings. Please let us know. Thank you.
What hole puncher do you use for the cash envelopes ?
Paused at 3:18 to say, would you ever consider making your own “Filofax” wallet? With TBM logo on it 🙏🙏🙏
Wish u would sale the envelopes made already printing n making them is not my thing they never come out right lol
Steffanie Solis: Truth!!!!!! Made to order will ensure she doesn’t have left over inventory 🙏
She is! 😊 Miko announced that it's in the works on Instagram and she said that she is hoping it will be out before the BBP workbook in October.
@@MarNicole76 she doesnt have left overs it's a digital print.
Hello, how is it budgeted when using the sinking fun, for example for birthdays or Christmas?
Yay! I needed this!
I have a question regarding shopping for groceries etc. Do you devide your items into those same categories your envelopes have, when you pay for them at the cashier, when you buy not just food but also beauty stuff or others at one place?
I hope you understand what I'm trying to say.
Sometimes I just pay for everything out of my food envelope, but replenish it using my beauty envelope for whatever wasn’t actually food. But if you plan ahead and know what you’ll be spending on nonfood items, then you can always put that cash into whatever envelope your bringing. Or just bring all of your envelopes!
@@DominiquesDay thank you for answering :)
I often find myself doing the first 'method' you described but I find it mostly annoying having sort it out later. Maybe I should invest a little bit more time beforehand 😅
Ly R I completely understand the struggle. Personally, I do the sorting because I don’t buy much of anything else at the grocery store. But if I am like really running out of toothpaste or a deodorant, I’ll grab it, leave it last and then let the cashier know I have two separate transactions. They are usually ok with it. But I also do take both because you never really know. The times I don’t bring one or the other, I take from miscellaneous and then put back into that envelope.
Love this! Super proud of how far you’ve reached! 🥳👏🏼👏🏼👏🏼👏🏼
I purchased your new planner I'm so excited and anxious that I wont do it right as my budget and living in Dublin with euros things are very different. I'm only tracking my wages as we have separate accounts we have our Bill's anc my husband has his Bill's as in the car his insurance and tax and anything to do with the car he gives me money every month for our Bill's I get paid fortnightly so I'm a bit 🤪🥴
I also do it in € , that should not became big disadvantage
If you are at least a year ahead in your sinking funds goal, do you ever put the amount into another sinking fund for the remaining year? For example you're a year ahead in meeting let's say the boyfriends birthday...do you take that amount and put it towards another one like your Costco or house?
If my utilities change monthly should I mark those under fixed or variable costs
I love your videos! But my OCD is crazy when you don’t bank face the cash! 🤣 Keep up the good work! ☺️
What binder do you have. I love the color. Is it a filofax?
If you was going to pick two planers one being ( bbp ) what would be your other choice?. Thank you.
This is a really helpful video. I love it! 😍
How would I do my budget? I get paid daily. I do door dash and everytime I end my dash. Would I divide each bill by 4 and then by 7?
Where does the money go if you happen to come in under what you budget for a category? I’m new to budgeting
When you spend do you write what you spent on the envelopes too?
where can i get the envelopes with the tallies on the front that you color in?
Where can I get that planner? I looked at the website but they seem different
When will the budget by paycheck workbook be back in stock?
Do you carry the whole Filofax wallet with you when you're out, or take only relevant envelopes? I found the envelope system well thought out, and cleaner than what I'm using now. Thank you for this video!
Thank you for this video. I have a question: I am new at using cash envelopes. If my food budget is $500 a month and I fill my envelopes twice a month ($250 each), what should my starting budget be on the cash envelope? $500 or $250?
I’d say $250 and then do your rollover amount plus another $250 when you get paid again.
Poodle is so cute
Great video. That made it clearer for me. Thank you.
That's an amazing demonstration. I love it. New sub here!