How To Set Up A Cash Envelope System | Dave Ramsey Budgeting | Cash Envelope Stuffing UK

So, have you thought about setting up your own cash envelope system? This is exactly how you should get started :) links below!

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So, there are so many options when it comes to setting up a cash envelope system. If you are looking at how to set up a cash envelope system, then this video should help. Cash envelope stuffing is so popular so setting up your own cash envelope system means you can start using a cash budget straight away! It kind of uses the Dave Ramsey budgeting style but this cash envelope set up is how it works for me.

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DISCLAIMER: I am not a Financial Adviser and do not offer Financial Advice. I create these videos for education and entertainment purposes.

[clair]

Hi Nicola,
I'm with Barclays and it has the ability to create 'jars' with their Barclays ping it app. That helps me with my cash stuffing electronically. I got a Barclay ping it debit card to access those funds too. You go onto the app and link it to the jar before using it for whatever you want.
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[sarawynlloyd]

Thankyou. I'm new to this and most other videos focus is on the purchase and Aesthetics of their envelopes.... you explain why ❤

[littlemisskate]

Video is very good. I have a cash envelope system which is a system I bought of Amazon. It came with envelopes budgeting sheets calendar for the year and also expenses sheets for each envelope which I love. I guess the only downside on it is that the envelopes are not plastic they are like are strong cardboard/paper envelopes. I personally like to get out the full amount at the beginning of the month when I get paid to cover the whole of the month. I currently live on my own and I only have a dog to worry about so I don’t need as much money in my envelopes is say a family with kids. I have eight envelopes various categories and when I’m going food shopping I only take that envelope with me I’ll leave the rest of the envelopes at home so that way I’m not carrying as much money with me I guess the only downside is but there is money in the house. One thing I really hate is that the UK have so many coins which you have to deal with. Thanks again for your video.

[bettygraham]

I have an idea that £300 is the amount you can draw in one go. Using cash is more attractive now, as tomorrow, 18th October 2021, contactless transactions have gone up to £100. This means that losing your debit or credit card would be a disaster whereas when it started out at £20, it wouldn't have been so bad. Either way, it's good to have your bank phone number and your card number to hand in case the worse happens.