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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    • #253816

      Hi!

      I was just wondering how exactly anyone that does the envelope system

      makes it work. I was told by our mortgage lender that paychecks need

      to always go into a bank account to help show proof of income, so do

      you put the money in the bank and do an immediate withdrawl after it

      posts to the account and put it back in when its time to make that

      payment? I’ve tried setting up our bank acct. to auto pay partial

      bills all month, but this past time they took moneies out early and

      caused my account to go in the rears…costing me close to $100, and

      would give me no credit or real explination as to why the payments

      were posted Friday instead of Monday, like they were set up to do.

      We are constantly over shooting our budget and it is getting really

      old!

      TIA,

      Amy

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