"I subscribed to your Health edition and am getting your tips everyday. Loving it. It's very well done." -Estelle
Read More Testimonials»

Our Having More Money Experts

Douglas Andrew

Douglas Andrew

Owner and President of Paramount Financial Services, Inc.

Shared by First30Days View Profile»
Barbara Corcoran

Barbara Corcoran

Founder of The Corcoran Group and real estate contributor...

Shared by First30Days View Profile»
Lee Brower

Lee Brower

Wealth trainer, consultant and author

Shared by First30Days View Profile»

Meet all of our Finances Experts»

Got A Tip?

Tips

CASH

runnindownadream

Recently I started going to the ATM and withdrawing the cash equivalent of what I have budgeted out for the week. I can't believe what a difference it has made. There's something about seeing the physical cash leaving my hands that makes me much more hesitant to spend it.

Shared by runnindownadream on 10/3/08
coleman

This is called the envelope system and it's been a simple budgetary tool for folks starting out on a budget. I do use both cash and my debit card but I keep a checkbook register and have an envelope that holds my receipts for the week. This has been also useful if I need to return something.

  • By coleman
  • on 10/15/08 10:00 AM EST
cobber

True, but you have to deal with change. I prefer to use my debit card.

  • By cobber
  • on 10/9/08 2:32 PM EST