My Cash Envelope System

[@TheOrganizedMoney]

Hey Guys! Today's video is on my updated cash envelope system. Yes! I am back in cash envelopes. And today I'm sharing why I'm moving back into the cash envelope system, how this will change my current budgeting process, and how I will keep track of my cash spending. Do you use cash envelopes?

[@steppy3736]

You are just so pretty!

[@ZionRV]

Yes! It's been a big game-changer for me!!! I've been using them for over a year now. I organize them (they are whole punched) in an A6 binder. Each has its own register. I also keep my sinking funds binder.

[@LupitaGP84]

Will you be doing a cash stuffing video? I would love to see one please.

[@krystalalgier8897]

💯 helped get debt years ago. Still use them.

[@elenam9435]

I would love to use cash envelopes. I have some but I will need to create a system to where I take out just enough and not overspend.

[@aprilashley17]

I just started for the first time this month. It’s helped me stay within my budget and save more than usual so far.

[@TReign]

Your hair looks amazing🤩

[@SheStacks117]

Starting a new remote job on Monday and the pay is less then we are use too but still with in means, I just bought a set of binders to start and help keep us on track! Can't wait to begin this new journey of saving and budgeting!

[@d.montgomery6113]

Maybe we need a cash emergency fund at home🤔. At least 500 to 1000 dollars?

[@CoolCraftyCreations]

I use cash envelopes as well. (Gas for my car, groceries, and household items). I’ve been able to itemize how much I need for each category monthly and it has proven to be a smooth and seamless transition from pulling money from my debit, or hoping I have enough money for groceries, lol. I’ve been doing my cash envelopes now for over 6 years.

[@SikeChick]

I have been using cash envelopes since February and it really has been a game-changer. I watched a lot of YTers who have envelopes for 10-20+ categories and I thought I needed that. In July, I whittled mine down to just six basic categories and it has been really great. I also find doing weekly cash stuffings easier (and smarter for me) than doing them biweekly with my paycheck. Right now, I rollover any leftover funds to the next week, taking out any $1 bills and change for savings, but I may start putting the leftover towards extra student loan payments once the forbearance ends.

[@luushari]

I have basically use all card for years to a decade, that going all cash or mostly cash is overwhelming. I started with grocery and savings challenge envelopes. Taking baby steps. So far it has been going well.

[@gregorymanigo6791]

Don’t use cash envelopes , I have a second checking account which I use for personal expenses I put a percentage of my income in each week and it has really helped me keep track of my spending too. Thank you for your videos it has really made a difference in my finances.. Take care and be Blessed.

[@latachiarichards7781]

Presently I’m using cash envelopes and I’m in love with the method.

[@73cidalia]

I've always liked the thought of cash envelopes, but have always refused to do it because of the risk of losing the cash. It's easier to quickly cancel a debit card than to get lost cash back.

[@steppy3736]

I feel the same way. Unfortunately crime is rising where I live and it's just not safe.

[@oliviabuquet1918]

I use electronic cash envelopes using the zero based budget method. I have all my different categories and i just add to the total when i am “stuffing” and subtracting when i am spending. I always make sure everything in my categories adds up to the money in my bank account so it never gets off. I love this better than cash stuffing because i am constantly worried about losing cash.

[@kjw79]

How many times have you needed to cancel your card because you lost it? I think it would be rare to loose much cash. I’ve done envelopes for years, and the point is you don’t take much cash out and about.

[@oliviabuquet1918]

@@kjw79 the real question is how many times have i left my purse or wallet somewhere and had to go back track and find it. Even in a “safe place” i feel like the cash is going to be the first to be stolen. My electronic envelopes work just the same without the risk of losing the cash

[@6Bpixel]

Having some cash really does makes my mind a little more at ease. ❤️

[@dreamchaser5758]

I plan on having 4 distinct buckets for savings/reserves (1) Petty Cash $250 (2) Checking Cushion $500 (3) Short Term 1Month of Expenses (4) Emergency Fund 3-12 Months of Expenses

[@susanalexander8068]

Love this idea! Cash seems to run out of my wallet. Organizing it will help. Taking lunch to work has saved me tons and being mindful. Thanks

[@BudgetWithJeanette]

I’ve been doing cash envelopes for the last 2 years and it has been a game changer for our expenses. Although I still use credit cards for the perks of free money. I remove the money from envelopes and pay the credit card at the end of the month. I’ve also found a system for me that I don’t have to go to the ATM too often 😊💜

[@marilyngant5764]

I do use cash envelopes and have for a few years. This has been my family's saving grace.

[@emilywyant9453]

This was SUPER helpful. I just bought some cash envelopes today and I needed a quick yet comprehensive strategy. Thank you for this! I’m off to watch some more of your videos now :)

[@JayKennedy101]

Congrats to you and your husband on your new church!

[@FineNaturalHairandFaith]

You look so happy. Is this filmed after you returned home? I’m using cash envelopes too. I overspend if I don’t. I also created a new channel where I’m sharing my debt free and weight loss journey

[@FineNaturalHairandFaith]

Never mind. You mentioned Ida…I’m watching.and commenting lol

[@yolandashelton2893]

Good evening so glad that you and your family are safe all praise to the Heavenly Father thank you for sharing yes I stared about a year ago Useing the cash envelope system it’s been a challenge but I’m finally getting a handle on it been budgeting for awhile now but never use the envelope system I like it and it help me to grow and learn how to stay on track it’s a journey but I pray that the Heavenly Father helps me to stay on track and to grow and bloom in every area of my life so happy for you that you decide to go back to your envelope system blessings too you blessings blessings watch the replay ❤️💴💕

[@TippiTNH]

I just started using this system in July still working out the kinks. Great vid!

[@GirlZquad]

Yes, I use cash envelopes and it has helped my family save money like we havent before. It works 😁👍

[@chocojavachip]

Fellow pastor’s wife here of a church plant 12 years ago and still going! 👋

[@jonnaborosky8836]

Use cash envelopes. I'm so impressed you and your husband are starting a Church. God bless you in all your endeavors! ✝

[@Isa22Cruz]

Had to come back and re-watch this one. Thank you for sharing your experience and how you manage your money! Its so helpful! ♥️

[@sekwa75]

I use cash occasionally, but I would usually forget to go to the ATM, and since I moved, I do not have a local bank. I do not want to pay high ATM fees, and I have found that doing “cash back” when purchasing at the grocery store tends to throw the rest of my budget off. So, for now, I am paper budgeting and using my debit card.

[@username00009]

Some of the online banks offer no ATM fees. I have one that offers withdrawals from a network of ATMs, mostly at pharmacies and gas stations. Another one gives me a credit to offset all ATM fees charged by other banks.

[@lyndasysko9496]

We use a debit card for fuel and food. I would use cash envelopes for craft (supplies and small tools) and self care. My biggest over the budget expenses are the craft category and planner category so I would want to pay cash for those two areas.

[@momlifedaily3844]

👋🏾 Hello, where did you get your stickers from? Specifically the ones you wrote your bills on to put on the date in the calendar.

[@BudgetingandSavingswithVe]

I don’t do any of this but I enjoy watching you. I plan to start next week

[@angeladelosh9258]

Just started using cash envelopes so it’s an adjustment however I do like it so far.

[@rayesbudget]

I love using the cash envelope system. It was a game changer for my budgeting and paying off debt!

[@hananekachman4464]

I absolutely love your videos and find them super helpful- thank you for teaching and sharing your knowledge with all of us.

[@wendyhoward2699]

Great video. Very useful information. Blessings.

[@ShehasCashandPlans]

I started the cash envelope system in July… I’m loving it so far 💜

[@nancymills1884]

Your videos are always informative. I’ve returned to the envelope system as well. I just downloaded the spending app you mentioned and I think it’s going to be a great help to me. Thanks for all you do, and many blessings on the your church.

[@SisFiran]

Im using, cash envelope too. This method is really good to motivate you for saving. Especially, when you have balance from any categories. However, i find it a bit difficult when you want to buy something and you dont have the exact amount. When you want to categories back the change that you received. Appreciate it so much, if you can give suggestion on how to solve this issue. Thank you for the video sis! You are my inspiration for organizing and budgeting. Tata. :)

[@seahorsenplanners]

I also enjoy using cash envelopes for the following categories (Gas, Household, Daycare (Bi-weekly), Misc, and Guilt Free Spending) because once it's gone its gone, I'm aware account balance and to have a small amount of cash on hands for an emergency.

[@cynthiastory8603]

I got the envelope system with my Dave Ramsey money course. I started to use them, but I didn't stick with it. Alaina, since watching your other videos on being organized. I thought the money envelope system another try.

[@yolandarobinson9227]

Thanks for the heads up on the spending tracker. This will help me so much. Love your channel.

[@AbbyDelgado-zc9st]

Yes. I use a cash envelope system..it's just my own very simple where I first do a budget. Then I take a small envelope for each category and put the amount of cash in it that I budgeted it for. I also have the amount of cash I want to put into my savings every month which is when I get my monthly check. I write the category in the upper right hand corner and the amount that goes into the envelop. When the money is gone from the envelop I know I can't spend more on that category. It works for me and that's all that matters. The only thing is the paper gets worn. I have seen cash envelope systems where it's in a binder with plastic envelopes and dividers. They are great except I feel someone could just walk off with the whole thing. A few years ago I had hundreds of dollars stolen from me and don't keep cash.i my room anymore. I keep it in another safe place. Abby Delgado

[@marialowery914]

I used cash envelopes when i went on vaca and really helped so i didn't over spend 😁

[@ngonigriffith1491]

I started with cash envelopes, then I stopped because I wasn't using it properly. Now I started back again. I find it takes some time getting used to and I have to make sure I only use the categories for it's intended purpose.

[@qstuff25live]

Yes, I do use cash envelope. I fell off but I’m back. New subscriber… great tips

[@chaotinxbudget]

I use cash enveloepe system since a year. It helps me to keep track. I have everything in envelopes except my fixed cost.

[@jenniferthomas-bieck5459]

actually, I did not start yet. I watching your videos to get lists done and everything I need. I will start around November. I get paid weekly and every week is different. I have 3 categories I will always put money in and the rest depends on how much it is left.

[@nailahalston3995]

I was using cash envelopes and then I stopped, due to Covid, and me being a Healthcare provider, not wanting that face to face interaction with many people. But, I am planning on going back to it soon.

[@kskouture]

I've been using them to save for Christmas and misc gifts. I need to start using them for some other categories too.

[@TheOrganizedMoney]

❤️❤️❤️

[@angelharmon2465]

love the video and on an unrelated topic I love your make up look

[@auntcookie9163]

Hello, when I tell you CE have gotten me all way together, I love wish I had know 10+ years ago about it.

[@sagieaesir13]

This video was released on my birthday!!

[@MindYourMoney]

Great video Alaina. Thank God you all are safe and prayerfully doing well. I use cash envelopes, my husband prefers his spending money in his debit account. Cash is easier to manage for spending, because once the money is gone, it's gone. lol.

[@ferlu8527]

I use cash envelopes since 2 years ago, i put certain amount every month and in december i have cash for christmas gifts, car insurance and renovations at home.

[@Harzeezreport]

girl cash envelopes was the move. this pandemic threw me all the way off.

[@tyresseferguson2462]

I use them for fun spending ($50-$100 per month) and gas ($100-$120 per month)

[@JaneeMcClain]

I definitely notice a difference now that we are not using cash envelopes, definitely getting back to this! Great video

[@wynter_skye7969]

I want to start using cash envelopes (and sinking funds) but am still trying to figure out the best way to go about doing it.

[@cymbamcreynolds8838]

You also try starting cashless/ digitally by online banking and using a spreadsheet to track funds/ expenses

[@PrettyReddTheDoula]

Off topic...how do you like Primerica?

[@grannatwat9974]

Thanks for sharing.

[@sarafazziola4879]

The change from cash....does it get saved in envelope or round up to closest dollar? Spend $8.73....the .27 cents, does it get saved at the end of the week, or do you use it with next purchase?

[@erikacalderonavila6052]

Do you sell the stickers that you are using in this video for your automatic payment?

[@tanissacarter]

Can you do a video on setting up the app and applying it to cash envelopes

[@TheOrganizedMoney]

Yes! it's coming out next week. :)

[@tanissacarter]

@@TheOrganizedMoney okay great, I can't wait to watch. Thank you

[@LadyDewinter]

How do you deal with automatic payments that dont come out on a specific day. I have three bills that can be deducted over a 3-4 day period. How do you deal with that.

[@BudgetingandSavingswithVe]

Oh wow 😮 u look stunning sis . 👏🏽👏🏽👏🏽

[@TheOrganizedMoney]

Thank you! ❤️

[@rdking0889]

Can you do a flip through of your updated budget planner? I'm getting ready to purchase another one for next year. Also will you be offering customized options?

[@TheOrganizedMoney]

Hey! I'm currently working on the changes. I will be adding some additional cover options and adding back cash envelopes. Hopefully I'll be ready to launch in October... :)

[@steppy3736]

@@TheOrganizedMoney can't wait!!

[@vanessatraylor3017]

What is the app called that you use the track expenses?

[@LadyDewinter]

Being disabled it is very hard to get to the bank to stuff those envelopes. But then I also dont leave the house that often. LOL

[@willmayoparaugo8360]

How do you track your husbands expenses? Do you create a cash envelope for him? Or does he also use the app?

[@TheOrganizedMoney]

I will give him cash also. He has his own cash and usually will text me his expenses out of the general envelopes for the house. I don’t track his personal envelope expenses… once it’s in his envelope he can do as he pleases….😂

[@wandawashington5290]

I tried using cash envelopes, but it did not seem to work for me yet. I feel that I need to be consistent in tracking my spending and take things I bite at a time. I think that is why I stopped using the cash envelope method. I was doing to much at once.

[@wandawashington5290]

However, I do use cash only for grocery’s and gas.

[@chocojavachip]

How do you budget food for 4 people for only $200/month? I’m guessing toiletries is under “shopping”?

[@username00009]

She said $200/week.

[@MmM20978]

New sub here!

[@Harzeezreport]

come thru first lady

[@naptimemeplease]

I use cash for beauty/grooming for the family and gas for our vehicles. With having littles, I tend to use Target Drive Up and Walmart grocery pickup. Most takeout places want you to use exact change or cards. I use to use cash for eating out.