The envelope system is certainly nothing new—it has been around for decades.
And yet many people still don’t know exactly how it works. Do you need to save up money to get started? Does every bill get paid with the envelope system? Can you work an envelope system online? And on and on.
How It Works
You don’t have to save up any money to start using the envelope system. It goes like this: Let’s say you have budgeted $500 a month for groceries. Continue reading at www.daveramsey.com/blog/envelope-system-explained
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