DIY Money Envelopes
I was looking for a flexible money management system, and these envelopes started popping out. I fell in love with the idea and decided to create my own DIY Money Envelopes.
MAR, 2022 >
I’m not very trustworthy of the banks, and I don’t like to support them with my hard-earned money. And I certainly don’t enjoy paying them fees for using my own money. All the while, they move them around, making a fortune. Unfortunately, I must admit I m not a skilled fictitious investor to invest them myself.
If you are like most other people, your wage just about covers your basic expenses from payday to payday. Sometimes not even that. If you use a credit card, you might have already experienced some pitfalls in the past. Because it is too easy to slip into debt if you don’t have a real sense of money and self-control.
Envelope Money Management System
In your money envelope management system, you can distribute your wage into the envelopes according to your budget or/ and savings need. You can have a separate envelope for rent, utilities, groceries, doctor/ medicine, repairs, and whatever you want. Then you have an exact idea of how much you have to spare.
If you are running out of money in one envelope yet still have some left in other envelopes, you can reconsider their purpose. I guess you don’t touch the envelope with rent and utilities. But, hey, if you want to take money from the grocery envelope for a nice set of shoes and then live on bread and butter for the rest of the month, it is your choice.
DIY Money Envelope Construction
I have seen this envelope idea around and decided to make my version of it. I designed my envelopes to fit into my small binder planner if I want to use some of them there. Therefore I included a strip where you can punch holes to insert them in your planner. I also printed a small table on them for an overview of deposits and expenses, so you remember how much and when you put in or took out.
You can use any white, solid color, or pattern cardstock. I have plenty of scrapbooking paper, so I picked some with simple one-sided designs. I cut it to A4 size (21cm x 29,7cm) because of my printer. Of course, you can use your standard letter size to fit into your printer. Don’t forget to set the scaling to 100% or no resize when you print my envelopes.
Then cut out the envelopes, score along the folding lines, fold the envelope, and glue them together using glue or double-sided tape. Then if you like, punch in the holes for your binder type and write the categories into the designated windows.
And that is my simple money envelope system. I hope you enjoy making these, and let me know in the comments what is your management system. What works and what doesn’t for you.
If you’d like to download the printable envelope template and watch a tutorial video, please become my Lovely Patreon.