Cash Envelopes VS Sinking Funds. What's the difference between the two and how to setup a cash envelope system. Hey guys!! Let's really talk about the purpose of the cash envelope system and breakdown how to setup sinking funds! Watching tons of cash stuffings videos on YouTube is great but I wanted to go a little more in depth on how this system really helps you take the stress out of budgeting and be more successful on your financial journey.
00:00 Intro
01:02 What is the cash envelope system?
02:57 Why I recommend Physical Cash Envelopes VS Digital
03:47 What's the difference between Cash Envelopes and Sinking Funds?
04:40 Sinking Funds Explained in Detail
06:01 How to setup a sinking fund
07:55 List of common sinking funds
08:20 Why having sinking funds is so important
Cash Envelope Stuffing/Sinking Funds Playlist: [ Ссылка ]_
If you are interested in my budgeting sheets, cash envelopes, or planner stickers here is a link to my Etsy Shop:
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Soligt Black Wallet: [ Ссылка ]
Cash Tray: [ Ссылка ]
Cash Envelope A6 Binder with Clear Envelopes: [ Ссылка ]
A6 Binder only: [ Ссылка ]
Parkoo Gel Pens: [ Ссылка ]
Paper Mate Ink Joy Color Gel Pens: [ Ссылка ]
If you are new here, thanks so much for stopping by! My name is Leslie and I am a wife, mom of 2 girls, and I work as a nightshift RN. I am documenting my journey into becoming debt free while running a household. We are currently following Dave Ramsey's 7 baby steps. Right now we are on baby step 2 (Pay off Debt). To stay updated on our journey don't forget to hit that subscribe button and the notification bell so you will know when new videos are posted.
Thanks so much for watching!!
~TMP~
Videos to check out:
Debt Payoff Updates: [ Ссылка ]-
Cash Envelope Stuffing/Sinking Funds: [ Ссылка ]_
Paycheck to Paycheck Budgeting: [ Ссылка ]
What to expect from my channel: [ Ссылка ]
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Email: themotherplaninfo@gmail.com
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#CashEnvelopes #SinkingFundsExplained #BudgetCommunity #TheCashEnvelopeSystem #DebtFreeJourney #CashEnvelopeStuffing #Budgeting202101
