The "Get Out Of Your Car!" Fund

Thursday, June 4, 2015

Making the Envelopes Electronic

June 3, 2015

I’m going to try something different instead of envelopes. The cash is building up in my hair and clothing envelopes because I don’t spend much in those categories. I don’t like having all that cash in storage or in my car. So, I started a checking account in my online bank. I’m going to use the check card for all envelope expeneses (food, clothing, hair, household, fun money). I’ll use cash for gas because gas stations offer discount to cash customers. Instead of taking out a few hundred dollars every payday for the envelopes, I wi;l transfer the cash to a checking account.

I just need to remember to log every transaction in the right categeroy in Evernote so I keep an accurate account of where all the money goes. 

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