HOW TO START AN ALL CASH BUDGET | CASH BUDGETING 101 | HOW TO START ON LOW INCOME

Hey budget fam! I hope you are having a lovely day on this beautiful Saturday! Today we are breaking down cash budgeting and doing a little Cash Envelope System 101, if you will. We are talking about what a cash system is and why we use it, how to organize binders in to bills, variable expenses, sinking funds, and savings challenges, and what you need to start your system. At the very end of the video I talk about exactly what I would do if I were just starting out! I hope you enjoy, and if I missed anything or if anything was unclear, please ask in the comments! This is going to be the video I link to and direct people to in the future. So any questions that you think might be helpful for others to read too, go ahead and ask! I can't wait to chat!

Happy watching! With Love, Jordan







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✩ Disclaimer: I am not a financial or business advisor. All advise and experiences on this channel are my experiences and are shared purely for entertainment purposes. ✩



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[nataliestark]

I would probably modify this method a tad. I'd leave the bills money in the bank since everything is on auto pay and only take out the cash for variable expenses for shopping categories such as groceries.

[beccaeverinjoy]

You are the first Etsy Shop owner who is so transparent as to tell newbies the cheapest way to start may not be immediately buying from your shop😁😁. I also liked the way you explain the beginning of going cash budget is not as smooth as it looks if you only watch people who have been doing a cash budget for awhile. I'm still working on transitioning. My Kryptonite is grocery shopping and cooking for one vs Spending more on delivery for one freaking meal (and of course using my debit card). You provided the perfect solution - that money can go to sinking funds or challenges.

[JW-lsdo]

Just starting. You made it the most understandable.
I’m 71, starting this with monthly SS income.
Thanks!

[loribacon]

I started cash budgeting on September 24. I started with saving challenges. Now I am totally cash budgeting. Bills, variable expenses and challenges. I even switched my bank to one that is within walking distance. It does not bother me if I have to go and deposit money everyday…double bonus with getting exercise. Thank you Jordan you really have changed my families life with your videos.

[samantha]

I’m 15 currently seeing my parents struggle and I really want to learn to save money and know how to control how much is going where so that when things come up I don’t end up Poor but this is all very confusing 😂 I do feel very overwhelmed but I know it’ll come in handy when I’m a bit older or when I start working bc as soon as I get my first paycheck Im going to start saving and only take out a little bit of that money so I have money for myself to enjoy. Question am I too young?? Should I not worry about this rn at this age??

[joanalorenzo]

I have been watching budget video for a long time. I wish people were as helpful and transparent as you girl. Thank you for showing empathy to those who are just starting out and can't afford the pricey stuff yet. You are amazing and God will bless you for being so honest.

[HEATHERFREE]

Being a month ahead was a gamechanger for us finally “getting” how to budget well.

[teresacalderon]

So happy I came across this video. I’m going to start doing this but with Monopoly money because I’m the type to lose everything all the time.

[taraguidry]

Dollar tree has a Jot 6 pocket expandable file folder. Also there is a 3 pack of mini composition book for writing expenses. I help the recently homeless start budgeting with them. Most only need 4 categories.

[alvaabrahamsson]

As someone who can't use the system(because of Swedens obsession with digital money) this fascinates me a lot and makes me wish I lived in the us

[skarletm.]

Hello I am a newbie cash stuffing. I appreciate your transparency on the binders considering you are a business owner. Although it is cheaper on Amazon due to appreciation to you I’m buying everything directly from your Etsy shop! ❤️

[sydney]

I know this video is a year old but when you said “ if it was me and I was just starting, I would find $13 for a binder off Amazon…” GIRL ME TOO 😂😂😂💀💀💀😅 love how real you keep it haha

[jinxie]

Thank you so much for not just plugging your Etsy shop but being honest about the best prices. This video answers so many questions I have while trying to start that I feel many budget videos don’t address.

[aspencer]

For now, I'm starting with savings challenges and a "general" savings sinking fund until I decide what important things we need to save for. Thank you for this breakdown! 💙

[NaturallyLizzie]

Loved this Jordan!! Sharing the basics is so great! I honestly started with just one standard envelope for my groceries and that was it. Lol. I was so overwhelmed of thinking of all the categories. But then it got easier as I went on.

[JudySpeaksDinero]

I love this! I appreciate that you’re honest with others and tell them you can start with what you have! Great video! ☺️🌸❤️

[stargateronon]

I never thought of doing this and when I looked it up there was so much to discover I got overwhelmed but thanks to you I am not overwhelmed anymore and it gives me motivation to do this on my own. Thank you so much! ❤

[jenniferhammack]

Thank You for being honest and looking out for us. I thought I was doing ok on my spending and got a big shocker today…. Writing down everything first is a great idea. Thank You Again!!! I will start this today to train myself again. 😊

[doubledogmom]

Thank you, thank you, thank you!! Getting started is the hardest part and determining what envelopes are needed and where they go. And I love the chatty videos! It helps so much to see others and their systems. Hugs 🤗

[ThePoorMillennialMom]

This is amazing! I’ve struggled with figuring out how to get started, but your videos have really helped. Thanks so much - from one single mom to another.