![]() Nights Out – This envelope can be used for dining out, bar tabs, and other related expenses.Concerts – This envelope should be used to cover the cost of tickets and associated fees, as well as other expenses such as merchandise and travel.Movies – This envelope can be used for tickets to the cinema, streaming services, or renting movies.We all love spending money to have fun and do things! But, they can come at a hefty price.Įxamples of entertainment cash envelopes include: This is one of the best cash envelope categories to use! Additionally, be sure to include any irregular expenses such as grooming, boarding, and pet sitter fees. Healthcare expenses should include money for your pet’s doctor visits, medications, vaccines, and vet fees. When making a budget for pet supplies, it’s important to remember to include expenses for healthcare, food, litter, vitamins, and toys. Pet Envelopeīudgeting for pet supplies is an important part of caring for your pet. Using a personal care category is a great choice as it allows you to prioritize your needs while also making sure that you are not overspending. Makeup and specialty beauty item – these can add up quickly.Salon – Haircuts, massages and manicures – I put these separate.Toiletries – I put these in groceries and I tend to buy them with my groceries.Personally, I think of personal care items to be divided into three areas: ![]() Once again, you can include a separate line item or keep it with the groceries categories. Household supplies include decor items, cleaning supplies, organizing supplies, household items, and cleaning products. You can include this here or with groceries – the choice is yours. Since utilities tend to vary across the months, you may want to consider a level billing approach so you can level out your monthly utility bills to a fixed amount. This includes electricity, water, gas, trash, internet, phone/mobile, cable, or Netflix/streaming. It’s easy to lose track of how much you’re spending on restaurant meals, so it’s important to write down your purchases or stash paper receipts in an envelope. This includes money spent on carry-out, drive-thrus, dining inside restaurants, bar hopping and going out for drinks, fast food, and school lunches for kids. Restaurant and take-out spending can add up quickly, though, and it’s important to be aware of what you’re spending in this category. Restaurants and TakeoutĮating out can be a great way to treat yourself or a convenient way to grab a quick bite on the go. Some people choose to include household supplies and personal care goods (like I do) whereas others include pet food (I don’t). Groceries include items purchased at supermarkets, warehouses, and local stores. It is essential to track how much money you are spending in this category in order to stay within your budget and avoid going into debt. Groceries are an important budget category, especially for families with a lot of mouths to feed. To ensure a successful budget, it’s important to evaluate where your money is going and tailor categories to fit your personal spending habits.įrom the list of personal budget categories, we narrowed down the best for use with cash. Track your expenses with each envelope and make sure to replenish the envelope if the money runs out before the next payment period.īy following these steps, you can easily organize your money envelopes and keep track of your budget.Ĭreating a successful cash envelope budget starts with selecting the right categories.Get creative with your envelopes and consider investing in a cash envelope wallet, a budget binder with cash envelopes, plastic cash envelopes, or clear cash envelopes.Take the desired envelopes with you when you go out, only spending what is allowed in each envelope.Label each envelope with the corresponding expense category and stuff each envelope with the predetermined budgeted amount.Withdraw the corresponding amount of cash when you receive your income to stuff the envelopes, either bi-weekly or monthly.Decide how many envelopes you need and which categories of your budget each envelope should be for.Step-by-step instructions for organizing money envelopes include: Organizing money envelopes is an easy and effective way to budget and manage your finances. ![]()
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