I have to admit that I’ve never been a great fan of using cash. Whenever I do try to use cash to pay for my purchases, planning ahead of time and withdrawing what’s needed, I usually end up spending more than I would have otherwise. Why? Because whatever cash is leftover ends up getting spent on little stuff, piffled away here and there. All of a sudden, what I wouldn’t normally have spent gets spent in a flash.
But I know the envelope system is very popular! So the subject of today’s Tell Us Tuesday is how you do (or don’t) use envelopes to manage your spending? Does the envelope system, whether real or virtual, work for you? Have you been using it for a long time, just started, or know it doesn’t work for you? What should I know to make it work for me?
Tell Us Tuesday- tell us today!