Germaine and I have been using cash envelopes for over a decade and we absolutely love the control it gives us over our money. I can clearly remember when we decided to start using envelopes to manage our cash. It was around the same time we decided to cancel our credit cards. The fear that gripped me when we cut up our credit card was scary, but it was one of the best financial decisions we’ve ever made.
Over a decade later I realize I’d been swayed into believing I had to have a credit card to be considered normal, to pay for things and for have in case of emergencies. That was so far from the truth. The financial freedom that came from learning about money and how it works led to using cash envelopes and becoming financially free.
- what our envelope categories are
- how often we fill them
- some thoughts on amounts
- and more!
Thanks for watching! For more on how we manage our money check out our budget archive.