Comments on: How to Create an Envelope Budget System http://www.debtbeater.org/how-to-create-an-envelope-budget-system/ A case study on paying off all debts Thu, 07 Aug 2008 23:05:40 +0000 http://wordpress.org/?v=2.2.1 By: Mr. Debtbeater http://www.debtbeater.org/how-to-create-an-envelope-budget-system/#comment-257 Mr. Debtbeater Thu, 27 Mar 2008 23:21:32 +0000 http://www.debtbeater.org/how-to-create-an-envelope-budget-system/#comment-257 Thanks Peter! I really appreciate it. :) Thanks Peter! I really appreciate it. :)

]]> By: Peter @ Plan Your Escape http://www.debtbeater.org/how-to-create-an-envelope-budget-system/#comment-254 Peter @ Plan Your Escape Thu, 27 Mar 2008 20:49:05 +0000 http://www.debtbeater.org/how-to-create-an-envelope-budget-system/#comment-254 Mr. Debtbeater, I just wanted to let you know that I enjoyed your article and I plan on featuring it in my Friday Round Up post tomorrow on my site. All the best, Peter Mr. Debtbeater,

I just wanted to let you know that I enjoyed your article and I plan on featuring it in my Friday Round Up post tomorrow on my site.

All the best,

Peter

]]> By: 145th Carnival of Personal Finance http://www.debtbeater.org/how-to-create-an-envelope-budget-system/#comment-240 145th Carnival of Personal Finance Wed, 26 Mar 2008 08:11:29 +0000 http://www.debtbeater.org/how-to-create-an-envelope-budget-system/#comment-240 [...] 3 Favs www.debtbeater.org:How to create an envelope budget [...] […] 3 Favs www.debtbeater.org:How to create an envelope budget […]

]]> By: Mr. Debtbeater http://www.debtbeater.org/how-to-create-an-envelope-budget-system/#comment-237 Mr. Debtbeater Tue, 25 Mar 2008 09:44:00 +0000 http://www.debtbeater.org/how-to-create-an-envelope-budget-system/#comment-237 Thanks for the comments and support guys! @Ramona - I can totally relate to the differences between plastic and cash. We still struggle to add things up correctly to come in under budget, but it's getting easier. Mrs. DB actually takes a calculator with her to help make sure things work out sometimes. Thanks for the comments and support guys!

@Ramona - I can totally relate to the differences between plastic and cash. We still struggle to add things up correctly to come in under budget, but it’s getting easier. Mrs. DB actually takes a calculator with her to help make sure things work out sometimes.

]]> By: Elliott Russell http://www.debtbeater.org/how-to-create-an-envelope-budget-system/#comment-236 Elliott Russell Tue, 25 Mar 2008 06:33:56 +0000 http://www.debtbeater.org/how-to-create-an-envelope-budget-system/#comment-236 Wow, well done :) You put a ton of information and effort into this post! I linked back to it so others will find it. All the best Elliott Russell Wow, well done :) You put a ton of information and effort into this post!

I linked back to it so others will find it.

All the best
Elliott Russell

]]> By: Ramona http://www.debtbeater.org/how-to-create-an-envelope-budget-system/#comment-220 Ramona Mon, 24 Mar 2008 13:41:22 +0000 http://www.debtbeater.org/how-to-create-an-envelope-budget-system/#comment-220 I've been using the envelope system for 11 months now with great success. It is extremely comforting to know exactly how much to spend on a category, and to have the cash to do so. We also have an envelope for book purchases for each family member and what a joy to have those dedicated funds for rainy days! When I originally started with the envelopes, I didn't do one for groceries, I just figured I would use debit. Well you know what happened - I constantly overspent. As soon as I switched to cash, I was extremely aware of individual prices - now as I shop, I add up everything in my head and make a little game of it to see how close I am to the actual. One point though - you have to be committed to the process, I tried the same thing about 10 years ago, and it just didn't fly. Thanks for a great blog. I’ve been using the envelope system for 11 months now with great success. It is extremely comforting to know exactly how much to spend on a category, and to have the cash to do so. We also have an envelope for book purchases for each family member and what a joy to have those dedicated funds for rainy days! When I originally started with the envelopes, I didn’t do one for groceries, I just figured I would use debit. Well you know what happened - I constantly overspent. As soon as I switched to cash, I was extremely aware of individual prices - now as I shop, I add up everything in my head and make a little game of it to see how close I am to the actual. One point though - you have to be committed to the process, I tried the same thing about 10 years ago, and it just didn’t fly.

Thanks for a great blog.

]]> By: Carnival of Personal Finance # 145: Baby Education Edition | Million Dollar Journey http://www.debtbeater.org/how-to-create-an-envelope-budget-system/#comment-219 Carnival of Personal Finance # 145: Baby Education Edition | Million Dollar Journey Mon, 24 Mar 2008 13:21:08 +0000 http://www.debtbeater.org/how-to-create-an-envelope-budget-system/#comment-219 [...] Mr. Debtbeater from Debtbeater explains How to Create an Envelope Budgeting System, and says, "We've been doing this successfully awhile now, so I decided to share a [...] […] Mr. Debtbeater from Debtbeater explains How to Create an Envelope Budgeting System, and says, "We've been doing this successfully awhile now, so I decided to share a […]

]]> By: Mr. Debtbeater http://www.debtbeater.org/how-to-create-an-envelope-budget-system/#comment-213 Mr. Debtbeater Mon, 24 Mar 2008 09:46:33 +0000 http://www.debtbeater.org/how-to-create-an-envelope-budget-system/#comment-213 Good luck using the system tabuxander! :D It's definitely been great for us. We actually take our envelopes with us when we go shopping. If you buy things from multiple categories at the same store, you may want to keep track of how much you're spending from each envelope and combine a pile of cash in one hand before actually paying for it in the checkout line. We generally don't buy our clothes and medicine at the same place as our groceries, so this isn't an issue for us often, but we do have to do it sometimes. Good luck using the system tabuxander! :D It’s definitely been great for us.

We actually take our envelopes with us when we go shopping. If you buy things from multiple categories at the same store, you may want to keep track of how much you’re spending from each envelope and combine a pile of cash in one hand before actually paying for it in the checkout line.

We generally don’t buy our clothes and medicine at the same place as our groceries, so this isn’t an issue for us often, but we do have to do it sometimes.

]]> By: tabuxander http://www.debtbeater.org/how-to-create-an-envelope-budget-system/#comment-207 tabuxander Sun, 23 Mar 2008 10:17:44 +0000 http://www.debtbeater.org/how-to-create-an-envelope-budget-system/#comment-207 great article!! Thanks. I try to live with envelope budget system next month. Wish me luck. Could it be difficult if you want to buy clothes, groceries, and medical at the same time? Do we have bring all the envelope to shopping mall? great article!! Thanks. I try to live with envelope budget system next month.
Wish me luck.

Could it be difficult if you want to buy clothes, groceries, and medical at the same time? Do we have bring all the envelope to shopping mall?

]]> By: Mr. Debtbeater http://www.debtbeater.org/how-to-create-an-envelope-budget-system/#comment-192 Mr. Debtbeater Wed, 19 Mar 2008 13:25:39 +0000 http://www.debtbeater.org/how-to-create-an-envelope-budget-system/#comment-192 Hey, glad I could help. We used to have separate envelopes (when we did this 10 years ago for a little while) but we lived in a larger city with more specialty stores that allowed us to save quite a bit of money. Now that the "super" stores are around it's just easier to do it all in one place most of the time. Especially lugging around 6 kids behind you on some days. ;) Hey, glad I could help.

We used to have separate envelopes (when we did this 10 years ago for a little while) but we lived in a larger city with more specialty stores that allowed us to save quite a bit of money. Now that the “super” stores are around it’s just easier to do it all in one place most of the time. Especially lugging around 6 kids behind you on some days. ;)

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