Steal Expert Budgeting Strategies for Effortless Wealth Management

Envelope System

The envelope system is a cash-based strategy that can help curb overspending. By allocating a set amount of cash to different categories (like groceries, entertainment, and dining out), you physically limit your spending to what's in each envelope. This tactile approach makes you more aware of your spending habits and can be particularly effective for those who struggle with credit card debt.