As you saw in this post about how I budget, I use the cash envelope system. This is a great system that helps you curb your spending and keep your budget on track without getting derailed by unexpected expenses. I am going to give you a list of over 40 different categories that you can use for this system so you can get plenty of ideas for your own envelopes because there are a ton of different options!
How specific your categories are is completely up to you. Do whatever makes the most sense for your situation. If you buy coffee out every morning, for example, it might make sense to have a “coffee” envelope. I don’t buy coffee that often, but when I do I take it out of my “personal spending” envelope. This is just one example.
Check out these ideas for your cash envelopes!
- Eating Out
- Utilities
- Clothing
- Daycare
- Tuition
- Insurance
- Rent/Mortgage
- Groceries
- Vacation
- Sports
- Pets
- Veterinarian
- Date Night
- Kids Allowances
- Home décor
- Household
- Cleaning/Maid Service
- Car
- Car Maintenance
- Gifts
- Birthdays
- Christmas
- Holidays
- Back to School
- Shoes
- Spending Money
- Hobbies
- Technology
- Giving
- Personal Care
- Hair
- Nails
- Self Care
- Medical
- Dental
- Contacts/Glasses
- Anniversary
- Religious Holidays/Celebrations
- Disney World
- Gas
- Family Fun
- Entertainment
Like I said before you can make a cash envelope for anything that you buy or are saving up for. Right now I have about 13 cash envelopes that I am actively stuffing/budgeting for (I put those in bold). Want to know where to get cute cash envelopes? Check out Etsy for some adorable envelopes that you can customize to your needs!
Do you use the cash envelope system? If so, what are some of the categories you use for your envelopes? Leave a comment with them down below! Until next time!
Xo
Morgan
