How to Budget Using Envelope System?


Divide Your Spending into Categories
How to Budget Using Envelope System?
When your monthly income comes in, divide it basis to fulfill your priority first. Divide your budget for food, fuel, grocery, your personal expense etc. And then create an envelope for each category. And have these different categories mentioned on each of the envelope. You need to the correct into each envelope. And this can be done by reviewing your previous month's expenditure and having a constant check on your finances. One key here is to only include categories for things that you can't pay online or through a bill.