So you’ve been working to make a budget using tools like Excel or Mint.com and have been diligently putting in all of your income and expenses. Yet every month, it’s the same result: you continue to overspend.
While your efforts to create and maintain a budget are commendable, there is probably nothing that is actually holding you accountable to that budget. There is no reward if you succeed, nor repercussions if you don’t.
If you have researched how to budget, then you probably have heard of the cash envelope method. This method is not new and has been around for a very long time.
So you’ve been working to make a budget using tools like Excel or Mint.com and have been diligently putting in all of your income and expenses. Yet every month, it’s the same result: you continue to overspend.
While your efforts to create and maintain a budget are commendable, there is probably nothing that is actually holding you accountable to that budget. There is no reward if you succeed, nor repercussions if you don’t.
If you have researched how to budget, then you probably have heard of the cash envelope method. This method is not new and has been around for a very long time.