June 2018 Envelope Budgettiers 9 June 2018 at 6:15PM in Debt-free wannabe challenges 2 replies 1.2K views

indigowarrior

Do you do envelope budgeting? Do you look weird in the supermarket taking out envelopes in different categories? Does Weird feel good? Then this is thread for you.

Rules
Each Budget is personal to you.
If you assign £200 a month to food then you can only spend out of that envelope. If you forget the envelope then you cant spend it.
If you feel comfortable post each category here and we can support each other.
Try to update as often as you can
Decide what you do with left over money at the end of the month.

Budgettiers
Indigowarrior

indigowarrior

My categories for this month are: Food- £250, fun money £25, Transport £40

I got some extra money and this budget is to last till the 20th July.

I started properly today My spends are:
Food: £3.09/£250
Fun Money £0/25
Transport: £0/£40

karenccs67

We use the Dave Ramsey budgeting theory, based on the envelope system, whilst we do not use actual envelopes, we prefer paying by debit card, we do set budgets for food, petrol, savings etc.