Thursday, June 24, 2010

Envelope System?

Is it smart? or just SAD that I listen to Dave Ramsey while the babies nap?

Im wondering if any of those mommy bloggers out there use the cash envelope system? How does it work for you?

I WANT to be frugal!!!!! I really really do. So, as we come close to buying, closing on a house that we absolutely LOVE, I want to do everything that I can to make the finances much easier. Plus, save extra for traveling to see my wonderful family, that I miss so much :) do you do it?


Carmen said...

I don't use the envelope system, but am convinced I might need to start. :) How is the house process coming along?

Elissa & Logan said...

haha..yeah, im trying it too.
we're gettin really really close on the house! we're just waiting for the bank to approve the shortsale amount (which they kind of did verbally already) and then get an appraisel and inspection! :D im starting to pack things up already....this is much more exciting this time around!

Mariah said...

I've heard a lot about this... it seems really neat in concept. However, I hate cash. Hate it. With passion.

And to have to carry around little envelopes stuffed with cash makes me nervous.

And then I would have to keep my receipts for that day that will never happen when I want to organize all this finance information into a budget.

Anyway, it does seem like a really neat idea, and I hope you find something that works for you! :)

Aleigh said...

Alaina has done this, message her - I know it totally worked for her and things got paid off WAY before they needed to!! She'd be a wealth of knowledge for you! :)