Money Envelope System for Effective Budgeting

In this age of paying bills electronically and using a debit or credit card for just about every purchase, it's easy to run up the bills quickly. By the time the end of the month rolls around it seems like there is no money left to pay that last bill and it ends up going on the credit card.

An easy and fairly painless way to help solve this budgeting problem is by setting up a cash envelope system. It seems like it would be hard to go to an all cash budget, but with a little discipline anyone can do it. You'll be amazed at how easy it becomes to pay the bills and save a little money.

There are commercial systems that are available, but before you go out and spend money on one,