November 2022 Budget | Cash Envelope and Sinking Fund Stuffing | Paycheck 2 | 23 Year Old Budgeter 

Yes I'd like this as well!

Seconding this!!! They way you organize is so easy to understand!

I need this!

Agreed

yes plsss

Thank you so much! 😊

I just can’t sit there and focus on it and do it myself. Why not?

Where did you buy it! ❤️

You might begin with a “where does my money go” spreadsheet. Plenty available online for free.

I will work on that! I will let you know when I post the labels! ❤️

💕

yaa i liked my own commet

you just put what you feel you are going to spend ? No. Stuffing is based on past spending. Thats what makes it a budget.

But my question is, what is your method for physically paying all your bills with cash. It does seem silly: get cash from bank, put cash in envelopes, take money out of envelopes, deposit cash in bank.

@@DavidEVogel I think no matter what, if you're paying your bills in cash, it is going to be more work on your end, as far as getting that money to the business, in whatever way you make it happen; going to bank, checks, money orders or what not. What seems to work best for me is to have several bank accounts and separate out most of my money that way, i.e. several different checking accounts, with their own debit cards, and at least 2 or 3 savings accounts. I pay all my bills online out of those accounts, including gas and groceries. I order groceries online and don't like going into the gas station. So I have an acct for gas/groceries that gets its alloted amount. And acct that our mortgage comes out of, my husband has his own acct and all the money is initially funneled into a main checking and immediately gets distributed into separate accts. You can have as many accts as you want. However, I am also trying to incorporate the envelope system at home with whatever amount of extra money we have that doesn't fall into those other categories, as a way to save some extra and try to not to frivolously spend those $1, $5, and so on, but give them more purpose. We'll see how that goes. I think any other way you go about it, it is going to be more work one way or another.

@@StaceeMassey I agree. The key to financial success is to live within your means, and live in dignity after retirement. Any road that you take will “be more work one way or another.” Financial freedom is work.

I have the same question, stuff cash envelops, then? Really use cash in gas station, grocery store？

@@yapiww4569 If your are accustomed to using debit and credit cards, your brain does not think in cash. Lots of places take cash: auto maintenance, doctors, grocery stores for example.

Yes I am! I will update you when they are posted! ☺️

Yes, my Etsy link is in the description box 😊

I define "sinking funds" as unknown expenses: Vehicle maintenance. You don’t know when you will need $600 for new tires. Every month put $20 in your vehicle maintenance envelope. When you buy tires, your funds just "sunk."

I haven't the faintest idea what you just said in English.

Misc. can be for a tip, if I go over budget in another category and need a couple of dollars, if I buy something that costs me a couple of dollars like chips etc.

Miscellaneous means "everything else that I do NOT have a category designated." I dont like miscellaneous. $1000 spent on miscellaneous got you wha? Category is way too broad.

It’s $500 a month and she might split with someone else

This is paycheck 2 so it’s a split payment

She mentioned a couple videos before that she lives at her parents house. But still gives them some money, being Hispanic I get it, it’s very common in our community.