Comments on: Getting started with the envelope budget method http://www.gatherlittlebylittle.com/2008/08/envelope-budget/ Proverbs 13:11 - "...he who gathers money little by little makes it grow." Sat, 21 Nov 2009 03:27:42 -0400 hourly 1 By: Father Sez » Archive » Helping to set up my daughter’s monthly budget http://www.gatherlittlebylittle.com/2008/08/envelope-budget/comment-page-1/#comment-7499 Father Sez » Archive » Helping to set up my daughter’s monthly budget Mon, 27 Oct 2008 00:40:13 +0000 http://www.gatherlittlebylittle.com/?p=1012#comment-7499 [...] the well written piece on this subject by guest poster Luke from NeoBudget on Gather Little by Little.   (NeoBudget is an online budget manager that uses the envelope method to help you track your [...] [...] the well written piece on this subject by guest poster Luke from NeoBudget on Gather Little by Little.   (NeoBudget is an online budget manager that uses the envelope method to help you track your [...]

]]> By: Back To Basics: 79+ Brilliant Budgeting Resources You’ll Love | My Super-Charged Life http://www.gatherlittlebylittle.com/2008/08/envelope-budget/comment-page-1/#comment-7500 Back To Basics: 79+ Brilliant Budgeting Resources You’ll Love | My Super-Charged Life Tue, 14 Oct 2008 11:05:09 +0000 http://www.gatherlittlebylittle.com/?p=1012#comment-7500 [...] 16. Getting started with the envelope budget method [...] [...] 16. Getting started with the envelope budget method [...]

]]> By: Luke http://www.gatherlittlebylittle.com/2008/08/envelope-budget/comment-page-1/#comment-7496 Luke Thu, 04 Sep 2008 00:24:07 +0000 http://www.gatherlittlebylittle.com/?p=1012#comment-7496 Jack, with a software program (like NeoBudget or YNAB), you can go negative in an envelope too. That's what I like about it. Running a negative balance is bad (obviously), but one month I might spend $20 extra on groceries, so I just know I need to tighten the reigns the next month to get it back in the black, or transfer something from another envelope. Either way, the envelope method is still working for you. If you cut your spending next month to make up for this month's deficit, then that's the best way to recover a negative balance. If you transfer money from another envelope, it just means you're tightening the reigns in other areas to make up for spending extra in groceries. It's still essentially keeping within your budget as a whole, just sacrificing in one area to make up in another. The envelope method doesn't need to be completely strict. But it certainly is an excellent guideline. I've loved using it, and why I felt compelled to write this article to share the beauty of it with others. Luke Jack, with a software program (like NeoBudget or YNAB), you can go negative in an envelope too. That’s what I like about it. Running a negative balance is bad (obviously), but one month I might spend $20 extra on groceries, so I just know I need to tighten the reigns the next month to get it back in the black, or transfer something from another envelope.

Either way, the envelope method is still working for you. If you cut your spending next month to make up for this month’s deficit, then that’s the best way to recover a negative balance. If you transfer money from another envelope, it just means you’re tightening the reigns in other areas to make up for spending extra in groceries. It’s still essentially keeping within your budget as a whole, just sacrificing in one area to make up in another.

The envelope method doesn’t need to be completely strict. But it certainly is an excellent guideline. I’ve loved using it, and why I felt compelled to write this article to share the beauty of it with others.

Luke

]]> By: David L. Brown http://www.gatherlittlebylittle.com/2008/08/envelope-budget/comment-page-1/#comment-7498 David L. Brown Tue, 02 Sep 2008 05:07:51 +0000 http://www.gatherlittlebylittle.com/?p=1012#comment-7498 Hi, glblguy, David here, I did read your reviews, I am a user of YNAB PRO 2.0 I do so enjoy this budgeting software, as I said on other posting, YNAB PRO 2.5.6 is a life saver, to say the least...I can not say enough thanks you to Jesse and Julie...So thank you both and your staff, here is 1,000 thanks you....Great job, Great budgeting software... Jesse and Julie, God bless you both, and your staff too! You can update your YNAB PRO, if you own a purchased copy/download of the full working edition...the new update is YNAB PRO 2.5.6 Thank you again for kind comments of the budgeting software YNAB PRO it is worth the $39.00, the best investment that I have ever made... anyone reading this posting, please do give YNAB PRO a try and see how much easier your budgeting will be... YNAB PRO 2.5.6 does deliver and the forum is a place to ask or share your issues that you might want to get help with... Hi, glblguy, David here, I did read your reviews, I am a user of YNAB PRO 2.0 I do so enjoy this budgeting software, as I said on other posting, YNAB PRO 2.5.6 is a life saver, to say the least…I can not say enough thanks you to Jesse and Julie…So thank you both and your staff, here is 1,000 thanks you….Great job, Great budgeting software…

Jesse and Julie, God bless you both, and your staff too!

You can update your YNAB PRO, if you own a purchased copy/download of the full working edition…the new update is YNAB PRO 2.5.6

Thank you again for kind comments of the budgeting software YNAB PRO it is worth the $39.00, the best investment that I have ever made…

anyone reading this posting, please do give YNAB PRO a try and see how much easier your budgeting will be…

YNAB PRO 2.5.6 does deliver and the forum is a place to ask or share your issues that you might want to get help with…

]]> By: glblguy http://www.gatherlittlebylittle.com/2008/08/envelope-budget/comment-page-1/#comment-7495 glblguy Mon, 01 Sep 2008 19:05:45 +0000 http://www.gatherlittlebylittle.com/?p=1012#comment-7495 You can find a full review that I did of YNAB Pro<a href="http://www.gatherlittlebylittle.com/2008/03/04/you-need-a-budget-pro-ynab-review/" rel="nofollow">here</a>. You can find a full review that I did of YNAB Prohere.

]]> By: David L. Brown http://www.gatherlittlebylittle.com/2008/08/envelope-budget/comment-page-1/#comment-7494 David L. Brown Sun, 31 Aug 2008 21:12:33 +0000 http://www.gatherlittlebylittle.com/?p=1012#comment-7494 I have ever made...at I have purchase several budget software programs...and this one costed me less than any of the others and it works better and performs better too, not hard to use, ask your questions on the forum and you will get help, that is what solded me on my purchase...a friend of mine told me about YNAB PRO and I am never going to use anyother software for my budgeting needs... I have ever made…at I have purchase several budget software programs…and this one costed me less than any of the others and it works better and performs better too, not hard to use, ask your questions on the forum and you will get help, that is what solded me on my purchase…a friend of mine told me about YNAB PRO and I am never going to use anyother software for my budgeting needs…

]]> By: David L. Brown http://www.gatherlittlebylittle.com/2008/08/envelope-budget/comment-page-1/#comment-7493 David L. Brown Sun, 31 Aug 2008 21:09:07 +0000 http://www.gatherlittlebylittle.com/?p=1012#comment-7493 Hi, David here...If you want a budget software that really shows you the real truth about budgeting, check out YNAB PRO that software has -4- laws of budgeting and also each law is explained via a video, each law is fully explained and via the video, all the operations of each law are explained...Also they have a very very well operating forum too, you can get help, post any questions that you feel you need further help with and yes they will get back in touch with you, they are very good....Jesse is the founder of YNAB PRO and I am so pleased that I found him and his wife and all of his staff, they are a true blessing to me...I strongly recommend YNAB PRO to anyone that wants to get their budget together... Erin, is one of the coaches at YNAB PRO and she is very good... YNAB PRO is the best investment that Hi, David here…If you want a budget software that really shows you the real truth about budgeting, check out YNAB PRO that software has -4- laws of budgeting and also each law is explained via a video, each law is fully explained and via the video, all the operations of each law are explained…Also they have a very very well operating forum too, you can get help, post any questions that you feel you need further help with and yes they will get back in touch with you, they are very good….Jesse is the founder of YNAB PRO and I am so pleased that I found him and his wife and all of his staff, they are a true blessing to me…I strongly recommend YNAB PRO to anyone that wants to get their budget together…

Erin, is one of the coaches at YNAB PRO and she is very good…

YNAB PRO is the best investment that

]]> By: Uncommonadvice http://www.gatherlittlebylittle.com/2008/08/envelope-budget/comment-page-1/#comment-7497 Uncommonadvice Sun, 31 Aug 2008 11:38:25 +0000 http://www.gatherlittlebylittle.com/?p=1012#comment-7497 I like the simplicity of this method. Solid advice. I like the simplicity of this method. Solid advice.

]]> By: Dana http://www.gatherlittlebylittle.com/2008/08/envelope-budget/comment-page-1/#comment-7491 Dana Sat, 30 Aug 2008 17:12:53 +0000 http://www.gatherlittlebylittle.com/?p=1012#comment-7491 Great recommendation! I have been using Mvelopes and I like this system MUCH better. I now have a concrete plan to pay down my debt. Thank you!! Great recommendation! I have been using Mvelopes and I like this system MUCH better. I now have a concrete plan to pay down my debt. Thank you!!

]]> By: "Mo" Money http://www.gatherlittlebylittle.com/2008/08/envelope-budget/comment-page-1/#comment-7492 "Mo" Money Sat, 30 Aug 2008 14:24:15 +0000 http://www.gatherlittlebylittle.com/?p=1012#comment-7492 Good post! The envelope system is the simplest system known. Anyone can use it, and your explanation made it sound like a good way to go for us who are net accountants as well as those who are. Thanks. Good post! The envelope system is the simplest system known. Anyone can use it, and your explanation made it sound like a good way to go for us who are net accountants as well as those who are. Thanks.

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