I haven't used Dave Ramsey's cash envelope system in many years. Using a credit card and paying it off at the end of every month has been working perfectly for me, but I wanted to give the cash envelope system a try.
I decided to test it out for 30 days and give you my thoughts on if it's actually worth it.
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Disclaimer: This video is for entertainment purposes only. Everyone's situation is different so do your own research before making any decisions with your money. If you need help then contact a Certified Financial Fiduciary before trying anything that is mentioned in this video. I prefer a Fiduciary financial advisor that charges an hourly fee as opposed to an ongoing fee based on a % of your portfolio. Always remember that incentives determine the type of advice they give you so one that charges an hourly fee is less likely to be problematic.
#cashenvelope #daveramsey #budget
