Have you been budgeting?
Envelope budgeting: Grab an envelope, label its purpose (groceries, dining out, etc.) and stuff it with cash budgeted for it. Use cash from respective envelopes for all your expenses.
Modern times: It’s no longer practical to store currency notes in physical envelopes for all your expenses. How do we then use virtual envelopes with digital money?
Does it work? How much time, effort and money does it take?
My 4 years experience of practising modern envelope budgeting with tips and caveats.
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