http://www.personalfinancenotebook.com/2009/10/12/benefits-of-the-envelope-system/ Personal Finance Notebook: Ideas, education & motivation for financial success Wed, 01 Feb 2012 17:34:15 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.personalfinancenotebook.com/2009/10/12/benefits-of-the-envelope-system/comment-page-1/#comment-184 Ask PFN…“Nothing Left but Air” — Personal Finance Notebook Wed, 16 Dec 2009 04:11:19 +0000 http://www.personalfinancenotebook.com/?p=107#comment-184 [...] using all forms of credit and create an envelope system using cash.  This will be for incidentals such as gas, eating out (if at all), grocery shopping, [...] [...] using all forms of credit and create an envelope system using cash.  This will be for incidentals such as gas, eating out (if at all), grocery shopping, [...]

]]> http://www.personalfinancenotebook.com/2009/10/12/benefits-of-the-envelope-system/comment-page-1/#comment-146 Tom Moore Mon, 30 Nov 2009 20:42:20 +0000 http://www.personalfinancenotebook.com/?p=107#comment-146 I love the envelope system - I also just set up a virtual envelopes for those occasional but inevitable expenses, such as vehicle maintenance, house maintenance, vet, etc. I use INGs DIRECT savings accounts and they you set up 25 separate accounts. I name each just as I would my envelope - currently I have 13 of them. I can track them in mint.com, earn savings on them and simply transfer money to my checking account from the specific savings account whenever one of those expenses come up. I still use paper envelopes for my monthly expenses as your recommend above. Thanks, Tom I love the envelope system – I also just set up a virtual envelopes for those occasional but inevitable expenses, such as vehicle maintenance, house maintenance, vet, etc. I use INGs DIRECT savings accounts and they you set up 25 separate accounts. I name each just as I would my envelope – currently I have 13 of them. I can track them in mint.com, earn savings on them and simply transfer money to my checking account from the specific savings account whenever one of those expenses come up. I still use paper envelopes for my monthly expenses as your recommend above. Thanks, Tom

]]> http://www.personalfinancenotebook.com/2009/10/12/benefits-of-the-envelope-system/comment-page-1/#comment-99 Patrenia Thu, 12 Nov 2009 14:52:21 +0000 http://www.personalfinancenotebook.com/?p=107#comment-99 Awesome! Let me know how it goes. Awesome! Let me know how it goes.

]]> http://www.personalfinancenotebook.com/2009/10/12/benefits-of-the-envelope-system/comment-page-1/#comment-98 Paula Thu, 12 Nov 2009 09:09:21 +0000 http://www.personalfinancenotebook.com/?p=107#comment-98 I have used a form of the envelope system in the past. It was an excellent way of managing the household budget. I'm not sure why I stopped but you've given me the motivation to start again. I have used a form of the envelope system in the past. It was an excellent way of managing the household budget. I’m not sure why I stopped but you’ve given me the motivation to start again.

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