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Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Friday, April 24, 2009

Tracking Spending with Envelopes












Spring!










I have found a method of tracking our spending that works well for us. I hope it might be helpful to you. I had always liked the envelope method of budgeting, but never want to have real cash around. One day the kids and I were talking about how much things cost and I suddenly thought, why not use play money!





So we got some Monopoly and Full House game money.




Then I took plain envelopes and listed all the household expenses.



In the bottom corner is the amount needed monthly.




Then I fill the envelope with the money needed.



When I come home from shopping I add up my receipts and take out the money to "pay" the total of the receipts.


The receipts goes into the envelope. At a glance you can look into the envelopes and see exactly where you are at.