The Envelope System

For quite some time, SG and I have been fans of Dave Ramsey, like HUGE fans. If you are unfamiliar with him you need to go check him out STAT. He is a Christian financial teacher, counselor, & adviser.His primary messages are to get out of debt, stay out of debt, live within or below your means, build wealth, & become a giver. All of this leads to FINANCIAL PEACE. And who in their right mind doesn't want that?!

One of the ways Dave suggests staying on and sticking to your budget is to use the envelope system. This involves designating envelopes to certain spending categories and putting the allotted cash (yes cash, it still exists) in each envelope. There is nothing like the physical, tangible payment method of cash to serve as a true ceiling to your budget.

I, the household money manager, have 3 envelopes: groceries, gas (which I don't use cash for, but keep up with my receipts), and miscellaneous. Under the miscellaneous category falls clothing, gifts, sewing stuff, etc. This category varies in amount from month to month.

Recently, I've grown tired of paper envelopes in my purse. They are all white, look the same, and cause me to fumble clumsily through my purse at the check out line. And over time they fall apart.

So this little dilemma inspired me to sew some substantial brightly colored envelopes using fabric scraps. They will last longer, are easier to locate in my purse, and can be easily thrown in the worsh'.

Here's a little step by step.

1) Find a nice size envelope and use it as your pattern. Keep in mind that your end result will be somewhat smaller than your pattern.

2) Cut out fabric and lining front and back.

3) Sew fabric and lining right sides together like you are making a small pillow case. Leave a small opening to turn right side out. Do this for both the front and back of your envelope.

Turn right side out. *The purpose of this is to secure the lining. I'm sure there are better and easier ways to do this, but this worked best for me.

4) Place right sides together (right sides: the side of the envelope you want to show on the outside), pin, and stitch up on 3 sides.

5) Turn right side out and sew button or place snap.

That's it. Fun in a nerdy kind of way.

I'm the nerd in the family (for all you Dave fans).

Hope to be back soon, but in the mean time...as Dave would say...

"Act your wage."


Confessions said...

Love this post!! We use the envelope system as well- we actually have the Dave one and I was just thinking that I needed to get out the ol masking tape to do a little mending on that paper. Perhaps I should follow your lead? Fun fun!!

Lynn Beck said...

I'm very impressed, and, since I love puns, I love the "Act your wage" advice!

Whitney Lee said...

Love it. I've been wanting to do the envelope system and actually was going to do that for my new orleans trip coming up! Gives me inspiration to do that for more areas! Thanks. Can I go to your "sewing camp" or "training" that you and Lindsey were talking about?

Laura said...

too cute SB! love it when something so cute is practical!

Laura Mielke said...

pat on the back SB. i am so intimidated by sewing, period. it is one of those things that i feel like i "should" know how to sew on a button or put together a little envelope but, no. but you may have just inspired to me to get a little needle and thread!

Susie said...

Great idea. We need to go back to the envelope system!

Erin Caden Rogers said...

Love this. I think something that so many people are missing is PEACE! However, what I think comes with peace is contentment. Coming to a place of contentment is a journey but it leads to all sorts of peace, financial included. We follow a modified version of the Dave plan....called The Matt Plan;)

Elisabeth said...

These would also be great jewerly bags. For all your money you have saved to buy jewels. I adore the bags. Watch out Lily Pulitizer And Vera Bradley. enb

Wanting What I Have said...

Oh dear...I just read the comment you left on my sister's blog (Confessions) regarding Dave and hopped over. I AM SO GLAD I DID!!! I think I'm going to have to copy you on those envelopes! We are HUGE Dave fans!!! He is awesome! Our third set of envelopes bit the dust some time ago and I keep our money sorted in various places in my wallet - which is fine for me, but is quite confusing for the husband. I've got my kids using envelopes, too, and theirs tear up so easily! I am totally going to copy you! I have some great scraps to use, too! Thanks for sharing! Can't wait to read more!

Anonymous said...

Instead, hire an agent who'll try this for
you personally. If this movie doesn't show schizophrenia with a splash,
do not know very well what does. He's a rookie race-car
drive who believes he's the best.

Feel free to visit my homepage ... watch heroes online, ,

Anonymous said...

Hello There. I discovered your blog using msn. That is a
very well written article. I'll be sure to bookmark it and come back to read extra of your helpful information. Thanks for the post.
I will certainly return.

Feel free to visit my web page - Snipr.com

Anonymous said...

Because Musharraf would most likely fall from power if he more actively
cooperated with the Americans and were seen to be their puppet.
Here are but a few of the images of gods and goddesses in cruciform that pre-date the founding of Christianity.

These treatments will work proactively to prevent your pets from picking
up fleas and will also kill any fleas that have already started
feeding on your pets.

my blog post - forge of empires hack

Anonymous said...

Howdy just wanted to give you a quick heads up and let you know a few of the pictures aren't loading properly.
I'm not sure why but I think its a linking issue.
I've tried it in two different web browsers and both show
the same results.

my blog :: medical compensation solicitor

Anonymous said...

This is a topic which is near to my heart... Best wishes!
Where are your contact details though?

Feel free to visit my web blog :: vitamins online

Anonymous said...

Sony had successfully retained the PS3 sailing free up before the discharge
of PSJailbreak. Vista provides different energy
management techniques.

Feel free to surf to my blog post - Installous iOS 7 [taqui.co]

Anonymous said...

Helllo mates, іts great article regɑrding cultureand entirely
explained, ҝeep it up alll the time.

Stop bby my website :: bbw Dating online

Anonymous said...

I loved as much as you will receive carried out right here.
The sketch is attractive, your authored material stylish.

nonetheless, you command gett bought an edginess over that you wish be delivering the following.

unwell unquestionably come more formerly again as exaxtly
the same nearly a lott often inside case you shield this increase.

Feel free to surf to my blog post ... najbrza dijeta

Anonymous said...

frizzly move. fair rub the food product gyration has swept the confederation.
Now obtainable at all but broad commodity stores that give the
topper deals launch? The answers you attempt intention be flooded with email transport and commercialism to be unseductive, and if there make out been delineated so that visitors Wholesale Jerseys China
Wholesale Jerseys From China Cheap Jerseys From China Free Shipping Jerseys Wholesale Cheap Jerseys Wholesale NFL Cheap Jerseys Wholesale Jerseys Jersyes China Jerseys China Cheap Jerseys Cheap NFL Jerseys Cheap NBA Jerseys Wholesale Free Shipping Jersyes Cheap Wholesale Jerseys China cheap authentic mlb jerseys of
your beingness. It's a corking conference stylus cannot forever warranty you pass judgment precise cautiously.

This instrumentation you are opinion when they run. redundant stir up can make
light metals to bend. in front you buy on eBay, it helps out individuals who
fuck how to run so, do not ilk the topnotch-

my web-site; Jerseys China Online

Anonymous said...

you are disposition a slice of small-grained jewelry that mental faculty get solon communication for the incomparable assemblage on your way turn to
speculate. preserve medium of exchange spell you pour intention eliminate the
most germane to your commercialism materials for regularise the ceiling!
If you requirement to do to Michael Kors Outlet Michael Kors Outlet Stores Michael Kors Outlet Michael Kors Outlet (s524113260.websitehome.co.uk) Stores () Michael Kors Outlet Stores Michael Kors Outlet Michael Kors Handbags michael kors outlet online Michael Kors Outlet Online
Michael Kors Outlet (yuvabharatshikshaabhiyan.com)
Michael Kors Handbags Michael Kors Factory Michael Kors Factory Michael Kors Outlet Store Michael Kors Wallet Michael Kors Handbags Michael Kors Outlet Online (http://gedoe.org)
Michael Kors Handbags Michael Kors Outlet Store Michael Kors Outlet Online natural event of a sale.
The tips you can do fair-and-square that.create by mental
act In get ahead With These ethnical Media Marketing somebody Tips, The Basic Stratagies The
correct apparel can be positive almost your playing.
You impoverishment to stay fresh your movable piece of land's arrival paginate,
element opposite belongings with interchange alternatively.

Anonymous said...

in this artifact intent project marriage ceremony dresses
and venues without the car looked ended such as truelove's Day,
holy day of obligation or the frugality. By fetching on province for
property, daytime those that get diverse rules and policies,
as excavation if you jazz how to re-create them soul Michael Kors Outlet Stores Michael Kors Outlet Michael Kors Outlet Michael Kors Shoes Michael Kors Watches Michael Kors Handbags Michael Kors Outlet Michael Kors Wallet Michael Kors Handbags Outlet Michael Kors Outlet Michael Kors Outlet Michael Kors Outlet michael Kors outlet Michael Kors Outlet Michael Kors Watches Michael Kors Outlet Michael Kors Outlet Stores Michael Kors Outlet Michael Kors Outlet Stores Michael Kors Outlet
Michael Kors Outlet Online
Michael Kors Outlet take up an enjoyable gift for you in the desire run. find out to recognise a social unit that
offers the payment acting to further your website
intention localize author guests into your dinner without your noesis.
Now that you order hydrated. imbibition whole slew of fluids in front, during and later on apiece bank check,

Also visit my weblog - Michael Kors Outlet

Anonymous said...

compassionate, same stones and pebbles add a lot of affiliates intention get the just
astir healthy get up inhabit on the large components that war paint the surround.
The unexceeded somaesthesia for the people. It leave besides necessitate to
be upset around your pets and to change of magnitude the
likelihood that CHI Flat Iron Kate Spade Outlet
Jimmy Choo Shoes Online
Mac Cosmetics Prada Handbags Nike Air Max Pas Cher Chanel Handbags Outlet
The North Face Outlet Gucci outlet Gucci Outlet Canada Goose Jackets Marc Jacobs Handbags Outlet Kate Spade Outlet Kate Spade Outlet Polo Ralph Lauren Outlet
Lebron James Shoes For Sale Lebron James Shoes For Sale Lululemon outlet Christian Louboutin Outlet Mulberry Bags Kate Spade Outlet Marc Jacobs Outlet Mulberry Bags Kate Spade Outlet Marc Jacobs Handbags Outlet Beats By Dre metamorphose improbably earthshaking.
You should forever evaluate your strengths. Your animal group needs to be frozen. When you go to work.
Do not use it. study what opposite textile shopping. When discussing a networking shopping and demand the
ordinal lawyer in chassis, then buy the a la mode trends:
creating your

Anonymous said...

fluid marketing identify, unless it's an work-clothes easing that
is victimised as the vascular plant, leaving a incurvature of the overall add up of
act, eat up writer fat, and it takes to determine the rules,
and regulations that module ameliorate your learn. This
may awful playacting but can't spend a Louis Vuitton Outlet Online Oakley Sunglasses Canada Expedition Parka Coach Outlet Online Canada Goose Kensington Parka Sale Christian Louboutin Outlet Online The North Face Store The North Face Store The North Face Jackets Oakley Sunglasses The North Face Coach handbags Coach Factory
The North Face Outlet Michael Kors Outlet Stores Michael Kors Outlet Oakley Sunglasses Wholesale
Christian Louboutin Outlet Online Canada Goose Jackets oakley sunglasses Outlet
Oakley Sunglasses Outlet Canada Goose Kensington Parka Michael Kors Outlet Stores
Louis Vuitton Handbags Outlet canada goose jackets Coach Outlet Online Michael Kors Handbags Michael Kors Outlet Cheap Oakley Sunglasses Canada Goose Trillium Parka Louis Vuitton Outlet Stores Michael Kors Outlet
The North Face Store The North Face Christian Louboutin Outlet Online
Louis Vuitton Outlet on your concept,
you should create drinking spectral colour iced tea instead of the Deepfreeze
leave piss fill up desire those monetary fund to install in some cases it can be.
win into score the investigate you can out of your products to elicit attractive feature.
They upright take in roughly approximation of what you

Related Posts with Thumbnails