Friday, November 2, 2007

Frugal Friday

Most of you are familiar with Dave Ramsey and his ways to living a debt free life. One of his tips is to always use cash, to put your cash into separate envelopes labeled groceries, gas money, entertainment, clothes, etc. We try to do this every payday, after we sit down and make a budget spending every penny that comes home. That includes money that goes into savings. Anyway, I used to use just plain white envelopes and by the time the next paycheck came my envelopes were a mess, plus they were bulky and took up a lot of room in my purse. Soooo, hubby found these:

on Dave's website. The wallet has envelopes that allow you to write where each penny was spent, plus room for your checkbook, drivers license and other cards (not credit cards!!). The great thing is if I do use my debit card I can just keep track of what I purchased and how much on the corresponding envelope. The other little wallet is for coupons. It has divided tab pouches for all your coupons, which really beats the crumpled coupons I stuff in my pocket or wallet that I can never find when it's time to check out.

Anyway, I think it's a good investment if you are a Dave follower and want to get better organized.

For more tips head over to Biblical Womanhood!

1 comment:

Kara said...

I just started reading Total Money makeover and am really excited about it, I need to get Hubby to read it too. I would love to use his plan to get out of debt and get wealthy :) He gives great advice.