Question about how envelope method works exactly…

Budget101 Discussion List Archives Budget101 Discussion List Question about how envelope method works exactly…

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      I do that. I have Direct Deposit into our accoutn then I take it back out and leave like $50.00 I do this becasue my husband was not telling me when he took $$ out and checks would bounce. Now I get $$ orders. It is worth the peace of mind to know they are pd.

      sbjmom2002 wrote: I am trying the envelope method myself. I am using the cash method. I
      have envelopes marked and use that envelope only for that purpose. But
      I have read that you can use your debit card too. Just mark
      envelopes
      with an amount, put the reciepts in an envelope and subtract from your
      total. I don’t think that it would work form me. Just like the
      checkbook I would forget to write something down. I don’t see why you
      can’t put your check in the bank then take it back out. I would just
      check to see if your bank will charge you a fee and you have to think
      about the number of checks you will have to write (and buy)

      Like I said I am new to this too. For me it is easier to see when the
      cash is gone.

      Good luck!!
      Michele

      Dee Mary Kay Consultant @ [url=”https://”%5D%5B/url%5D Mom to Stephanie 03/25/97 Wife to Jeff 09/28/02 https://christmasbaby71.spaces.live.com/ Check out My New Blog SIte!!!

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Budget101 Discussion List Archives Budget101 Discussion List Question about how envelope method works exactly…