**An old school, hard budgeting technique requiring physical money** Envelop budgeting is an old-school [[Budget]]ing mechanism. How to: 1. Decide on what categories of spending you want 2. Grab & label paper envelopes, one per category 3. Each month, fill those envelopes with paper money 4. When spending money on a thing, pull it from the envelope associated with that thing 5. If your envelope runs out of money, don’t spend any more **** # More ## Source ## Related - [[7 Bank Accounts]] - [[Budget]]