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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    • #253831

      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

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