Cash Envelope System for Beginners | How to Start Budgeting | Budget for Beginners
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- Äas pĆidĂĄn 1. 06. 2024
- Cash Envelope System for Beginners. In this video I will be sharing how you can get started using Cash Envelopes and Sinking Funds within your budget. This method has benefited me with gaining control of my finances and with this video I hope I can encourage others to do the same!
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Monets Money
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#CASHENVELOPES #DEBTFREEJOURNEY #CASHBUDGET
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Itâs very true!!! Having physical money that you can actually see and feel, makes a huge difference. Not only does it hurt more to give it away, but when u see your cash stacking, you feel richer.
Yes this is so true! Thank you â€ïž
YES EXACTLY THE IDEA I LOVE SEEINT ALL THIS CASH
I agree but I've grown up with my dad teaching me that money sitting is money wasted. Almost every penny of mine is invested in things like stocks and ways to make it grow. so far, it has been an insane turnout over the years. You let it sit and forget about it and the growth can be crazy if you invest in the right things, which really isn't hard to do. I do agree though, seeing a nice stack of cash is a great feeling
I get money once month how do I start with budgeting with rhat
I'm 13 and don't have a job. I do side hustles like cleaning and babysitting to make my money. This definitely helped me and I've already set up my cash envelopes and binder.
Thatâs a amazing you are handling your finances at such a young age. You will thank yourself in the future!
Awesome đ
Iâm 11 and I have a small business but before I do my envelopes I want to save $1,000 first and itâs so hard
@@sewsav7421 you got this bestie!! Make those money moves đ
@@thymaerys thank you
Iâve had a money spending problem my whole life I really need to do this please pray for me and thank you for the video
You have my support and wishing you the best on your journey. Thank you and you got this! â€ïž
I have this issue too and i started doing this anf it has helped me a lot. Its also fun to do, you should be fine
My hubby has that issue
Same Iâd I see it in my account and feel like I need to spend it
You can do itâŠ.Iâve had the same problem. But Iâm determined to fix it
I started with ziplock bags and pieces of paper lol. What you really need though is motivation and determination to better yourself
Yes I agree. It doesnât matter what you use â€ïž
Same
Thanks girl ima stop trying to be picky and use that until I can get a pretty set up
@@_zina9054 Iâm trying to figure out where to hide the physical cash, I donât trust banks anymore.
@@_zina9054 yesss same here probably male a little envelope for it
What I do, is since that all my bills come directly out of my account I calculate all of my monthly bills, add them all up and I normally add an additional $20 to the total just in case something is a tad more, and then I leave that in my bank account. I withdraw my savings, spendings, gas and food money or anything I pay with cash, and add that up. Then I disperse it between my envelopes.
I love how you didnât immediately push going out to buy alllll the different extras and you pretty much said start with what u probably already have on hand
Yes thatâs how I started ,so it truly works. Thank you â€ïž
This let me know I was BROKE and can't really afford anything!!!!!! This made me realize I needed to downsize somethings like... my cellphone and car.. thank you..
I had that aha moment as well. Wishing you success with your new journey đ€
Literally one of the most clear explanations of this I have ever heard and I have searched around a lot! Thank you!
So glad it was helpful. Thank you â€ïž
Agree 100%
Literally the best comment that lets us know âsis, THIS is the video youâve been looking for!â đđžđžđžđžđžđžđžđžđž
Seriously I was confused for so many different reasons and she covered every single one perfectly
Foreal! Itâs so clear to me now
My favorite part was you talking with your mom at the end đđ„° I wish blessings on top of blessings to everyone that reads this.
Lol thatâs my favorite part as well đ
You did a great job of explaining how to budget....lot of people "assume" that people know this info or have some idea about how to handle money....applause to you for gaining control early before it became more than you would imagine.....thanks for sharing your knowledge and your budget journey....love watching your videos.....
Thank you so much. I truly appreciate this â€ïž
Hi! If you want some more tips for managing money and finding patterns, check out this video!!! czcams.com/video/fcGT367ih0Y/video.html
iâm 20 and iâve decided to start being more financially responsible! this video really helped!!!!
I started my cash envelopes/sinking funds last month. I'm saving for Christmas, my birthday and mine and my boyfriend's anniversary, which are all in December. Saving little by little is definitely better than spending all my Christmas bonus for those three events!
I agree. Saving little by little definitely helps with the pressure and feeling overwhelmed when you have so much
This is literally the best beginner video I have seen and I have been binge watching for a week now wanting to get started and not knowing where to start but this video is extremely helpful
Thank you so much, glad it was helpful â€ïž
so im 19 and car Insurance is rly expensive bc im considered a ânew driverâ even though ive had my license since I was 16. my car insurance used to be like $300 a month, if you have members of your family thats in the military I advice if youâre young or in general to get under their policy. my car insurance went from $300 to $88 from being under my grandpas policy!!
What company does your grandpa use? Because that awesome! Happy for you!
@@kerriann9075 the general !
Donât get me wrong. I love seeing peoples done nails. I really like that you have your natural nails out. Pretty and cost effective.
I love how you explain it. Especially the Fixed vs Variable expenses. I started out with a system like that but was no where near close to get to my sinking fund. I will definitely start back again and your video was perfect. So much better than the other videos I watch. đđœ
Glad you enjoyed the video â€ïž thank you so much for watching and wishing you success with growing your sinking funds đ€
This was such an awesome video! Iâm a student in university and Iâve been so terrified of my piling loans, but this inspired me to finally crack down on it and start chipping away for a better future. Youâre a great teacher!
Iâm so glad you enjoyed the video! â€ïž and yes I agree, the sooner your start tackling those loans the better! đ€
Iâll paused this video to say thank you for being a real CZcams. I like the fact that you gave it to us super simple within the first minute of the video giving us three things we already have at home to start this process. ***presses play***
Thank you so much! Iâm glad it was helpful đ€
YES AND I LUVVVVV PEN PAPER AND ENVELOPES ITS WHAT I GREW UP WITH AND I LOVE THE WRITE DOWN ALL KINDS OF THINGS I TYPE FAST ON MY LAPTOP BUT IM NOT TRYING TO BE PERFECT WRITING IS A LOST ART!
I want to thank you. Iâm so tired of having to go into credit card because of my bad spending habits
This is The Secret of Hidden Money.
Works like a magnet.
Great video! I use the cash system for my sinking funds as well as spending money, gas, and groceries. I personally donât like taking out cash then depositing it back into my bank account to pay the bills. Works for me and I think you definitely have to do whatâs right for you! Great tips and pointers!
I agree! Thank you for watching â€ïž
Very clear and concise, I started to get overwhelmed with all the information I've gotten since starting my search for budgeting. I love this video.. thank you for sharing.
Iâm very glad this video was helpful â€ïž wishing you much success with your budget journey! Thank you for watching
Yes your the first person who explains it to where I can understand as a begginer and you donât use overly decorated things I had to subscribe right away
Thank you, glad I was helpful and welcome to the family â€ïž
Wow, I love how you explained this, I am just starting this journey and I am loving it. I love seeing and touching my money so this is for me. That ending was so good đ
Yes I agree. If I donât touch it then it doesnât mean anything to me. Thank you đ€
YUP
Such a good and thorough explanation Iâve watched so many videos because Iâve been trying to start a budget for what feels like the 100th time. This made it all make sense.
Thank you so much â€ïž
I feel more people, no matter what age you are, need to see this video. đ§And honestly⊠when you do have the physical money on hand, it makes a big difference in your spending habits. đIf the rest of those persons using just a credit (or even a debit) card, were able do this, then so many would not have so many problems trying to pay back those credit card loans (because this is what they areâŠ) đłwith interest! Plus having a physical budget you are able to work with and see on a daily, weekly or monthly basis, really does help everyone in the long run.đThank you for posting; I look forward to seeing many of your future videos.đ„°
I agree, it was a life saver for me đ Thank you!
I love the blooper at the end with your mom. That made me smile.
Lol thatâs my favorite part đâ€ïž
I purchased the mini cash envelopes from your shop just last night, and I seriously canât WAIT to receive them. đđ this is such a good video!!! Itâs all about organization and consistency. đ°đ
Thank you for the support â€ïž
Already so helpful and Iâm just at the part about doing the split budget. I pay most of my bills out my second paycheck since itâs at the 28th of the month and Iâm usually struggling between that and paycheck 1 but then paycheck 1 I overspend. Working to build healthy money habits and this will help so much
Yes, I was the same way. Once you figure this method out itâs a game changer. Happy I can help đ€
THANK YOU. This was absolutely so helpful. I have 2 jobs and get paid every Friday... my full-time job is a fixed income while my 2nd job is not and you explained this perfectly! Thank you so very much!
Thank you â€ïž Iâm very glad it was helpful and that you enjoyed đ€
Iâm in the UK so Iâm just waiting for payday to buy what I need to start. Iâm on low income as fiancĂ© pays for all bills and rent. I pay for food shop every week and my phone Bill. ÂŁ218.88;left every month after food shop and phone bill. FiancĂ© pays for anything we need so I want to start saving !
Always a great idea to start saving and I believe that you can do it! â€ïž
So essentially this is just a more physical version of a spreadsheet? I have a spreadsheet system but Iâm definitely going to try this method â€ïž
Yes. Physically seeing the cash helps me out a lot. Hope it works out for you đ€
Great explanation! Shout out to moms! đ
Thank you and yes she was a trooper lol đ
thank you for getting straight to the point!!! 30 minute videos with 20 minutes on a back story are just not for me. so thank you!!!
Glad you enjoyed it â€ïž thank you for watching
Thank you thank you for explaining everything!!!!!!!!!!!!
Thank you for explaining the vocabulary necessary to start this system!
Thank you for watching â€ïž
Thank you for sharing the concept of tangibly seeing your financial spending. It definitely is harder to hand that cash away. Love this video girl!!! Keep that mindset and your good to go!
You are so welcome!
Indeed. And Thank You Monet! I wish I was doing this years ago
That was entertaining and easy to follow so Thank you! Loved the end with your mom, kudos for supporting you!
Best breakdown! Thank you!
Love your editing and this was super informative! Thank you âșïž
This was VERY helpful! I appreciate your presentation style with telling us and then showing us with the written descriptions. So good!
AND YOU ARE ABSOLUTELY RIGHT I STARTED THIS WAY I LOVE YOU
OMG this was SO helpful! the end was so cute! THANK YOU!!
This was so good, Iâve been looking into better budgeting/savings methods and the cash envelopes seem good, but I needed more info to get rid of the anxiety of starting it lol, this broke things down so much.
Glad you enjoyed the video and that it was helpful. Hopefully this system will work out for you â€ïž thank you for watching
Just received my binder in the mail! Canât wait for my next paycheck đ
Iâm excited for you as well! đ€
What great clear instructions. Thank you.
wow, thank you for the thorough explanation
100xs better than all the other cash envelopes videos iâve seen
I haven't heard sinking funds explained so well before! I finally get it haha! This is probably the best video for the envelop budget I've seen, thank you so much!!!
Glad I can help â€ïž thank you for watching
i use cash envelopes too, it has helped me to stick to budget, i dont use my bank cards anymore only cash on hand that i put aside...
Yes the benefit of the cash system is amazing. I was so happy once I discovered it. Thank you â€ïž
@@MonetsMoney THANK YOU SO MUCH FOR THE WONDERFUL WORK YOU DOING TO HELP US STAY ON TRACK WITH MONEY N ULTIMATELY BE DEBT FREE...
You never order things online? Like Amazon?
@@msalohakitty Yes I do. I will deposit any money I spend online into my account.
@@MonetsMoney I was talking about the other lady that says she doesnât use her bank cards anymore lol but yes I do this as well I keep something in my account for online shopping and been stuffing my checks every week
Thank you this was very helpful!
Great video, I liked that you gave inexpensive options for doing this system
Thank you for this ! I was going crazy on TikTok trying to understand this system.
Glad it was helpful! â€ïž
This was absolutely incredibly explained. Thank you for giving the option for an entirely cash based system and for a variable expense system. I will be trying the tips you've said. Not sure why I've never thought of breaking down my larger bills between paychecks instead of waiting to take them out of a single one. Very helpful.
Finally on my own with Amy first big kid job. This is so so helpful!
Subscribed cause Iâm just now starting this journey like literally brought I binder yesterday this helped a lot
Wow!! SĂșper simple and clear⊠thank you so much!!
Glad you enjoyed! Thank you for watching â€ïž
My husband and I are opening a restaurant and so as the only one bringing in a paycheck at the moment, I feel like this system will really help us budget successfully. Thank you for sharing this for us beginners!
Iâm very glad it was helpful! Thank you â€ïž
I appreciated your video very much! Thank you! đyou explained it so well!
This was a great video, thank you!!
Love this breakdown!! I see this in my head but could never verbalize it. Great job!
Yes I tried my best to explain whatâs in my head as well lol. Thanks! â€ïž
Your channel is so inspiring to me and mine! I love all the work you put into budgeting :) I can seriously appreciate it!
Aww. Thank you so much, I appreciate that â€ïž
Awesome video! I appreciate you. đđżđâš
Thank you again, Monet. Bless ya!
Thank you for watching â€ïž
Very awesome Monet!! I really like this video. You did a great job at breaking down how to start a cash budget system. I'm going to show this to my oldest son. I'm preparing him for budgeting too. TFS!
Thank you. Glad it was helpful and that you enjoyed it. đ€
So I just found your channel and let me tell you Iâm obsessed and Iâm a new Subbie! Iâll be purchasing from Etsy!!
Aww thank you so much! Glad you enjoy and thanks for the support â€ïž
This is the best short and clear explanation I've seen. Thank you for taking the time to make it!
Glad it was helpful!
â€đ thank you soon much..starting this today Ms maamđ thanks much for thoroughly explaining the different methods
Absolutely love this detailed tutorial! Thanks for sharing this with us. Bless you đ
Thank you so much! â€ïž
Thank you so much for this!! Youâre the only person I have come across that actually explained this nicely and thoroughly!! Iâm starting my first tomorrow!!
Thank you so much! I hope it works out with your journey. Good luck! â€ïž
Thank you very much for making this video I can now start making cash even lopes, whereas before I was lost and didn't know how to start.
Thank you so much for this video. I am very new to the cash envelop system and Iâm also looking to get a tight hold of my finances by starting from humble beginnings. Your video was very informative and your logistical breakdown of how you actually go about using this system was super insightful for me (especially the part where you explain you physically deposit the money into the atm/bank to pay a specific bill). I am going to first start with the approach of using envelopes for my variable expenses and leave my fixed expenses on my account.
Incredible job with explaining everything! You seriously did such a good job with this â„ïž
Thank you so much â€ïž
This was thoroughly explained especially the sinking funds. Thank you đđŸđ»đ§Ą
Glad it was helpful. Thank you for watching â€ïž
Thank you for breaking this system down to its simplest term. I appreciate it!
Glad it was helpful â€ïž
I follow a lotttt of cash stuffing channels and THIS is the video I have been looking for. Thank u for making it. Very useful
Glad it was helpful!
Thank you so much for a crisp explanation. I finally understand what a sinking fund is. Loads of love đ
Glad I can help clarify â€ïž thank you for watching
Loved this video. I have been wanting to start this, and the explanation of doing just variable expenses works better for me. Thank you
Glad it was helpful. Thank you â€ïž
Thank you this video helped a lot
Starting my journey today! Thank you so much!!!
Congrats on starting your journey! Wishing you much success đ€
Very helpful. I was wondering how to transition from using my debit card for everything to using the envelopes. I also didn't know what a sinking fund was. Thank you so much!
Glad the video was helpful â€ïž thank you for watching
I havenât finished the video yet but you are so precious! When you handed the cash over, I felt that!I love the detail youâre putting inđ„°đ„°đ„°
Aww thank you so much â€ïž
Thank you. You explained it so well.
Glad you enjoyed. Thank you â€ïž
This is so helpful. thank you, love â€ïž
I havenât even watched the video yet but i wanted to say thank you because iâve been needing a video like this for a while
Thank you so much â€ïž glad I could help
Thank you ! U were refreshing, calm , professional, realistic and not annoying lol âĄâĄ . Excellent video it helped me, and encouraged me to try this envelope method đ
Aww thank you so much â€ïž Iâm happy the video was helpful đ€
You explained it really well thanks, very helpful đ
Thank so much. I understand it better.
Happy to help!
Honey thank you for your information this helped me out a lot. My personal stash I have on one card, saving card, and my main card is my bills. it helps that way I wont spend the wrong money from the wrong account. I still use the envelope method
Glad you enjoyed the video! Thank you for watching â€ïž
Great video girl! đđŒâ€ïž you did such a good job explaining things
Thank you! đ€
You have a knack for explaining things well and a very lovely voice. Thank you!!!
Thank you so much! đ€â€ïž
Thank you for this! I am starting today and this was very helpful!!
Happy I can help â€ïž
This video is EXCELLENT! You explained everything very well đđŸ The editing is great as always, the demonstration is top notch! đ€đ
Thank you so much! â€ïž
@@MonetsMoney youâre welcome!
Great Video! You explained everything so well đ
Thank you â€ïž
You explained this so well! Iâm trying to make this part of my life and my moms life and more people, I think this is such a smart way to save money in different ways this is gonna be so helpful when I start my business thank you God bless!
Great video you explain everything so well. Thank you!!
Glad it was easy to understand. Thank you for watching
I am moving out very soon and super excited to get this method started to set myself up right! This video is so helpful. And thank you for linking the products you use or recommend so I can get started :)
Congrats on moving out soon, wishing you luck! Iâm glad the video was helpful and I hope this system works out for you â€ïž
Thank you for sharing this. I'm amazed...you're so young yet fiscally responsible...and able to teach us more mature ones.đ€ Great content đđŸ
Thank you so much! Iâm glad the video is helpful â€ïž
Such a super helpful video, you did a great job explaining how to budget! Thank you so much!
Glad it was helpful! đ€
I appreciate the detailed information. SO HELPFUL!
Glad it was helpful â€ïž thank you
Thank you for this! I've been watching youtubers who have been into this for years. It was confusing to follow (the others who have been doing it for neons that move so fast.)
Happy that I was helpful and that you enjoyed. Thank you â€ïž