Thursday, January 22, 2009

Envelope System Wallet GIVEAWAY!



Well, I have had it. I am tired of my debt. I don’t have a lot of debt, thanks to my ever mindful, responsible, and thrifty spouse, but my debt remains. A friend said recently, “In order to eliminate debt, you must consistently spend less than you make”. Uh yeah, I got that part. Another well intentioned friend said, “You need to set up a monthly budget”. Yep, I do that too. Over the years I have slowly come to understand why I can plan the month and still over spend. One, plastic isn’t “real” money and two; I am in charge of 90% of our family’s discretionary spending. You know; groceries, clothing, birthday party gifts, haircuts, presents, etc. Now that my real problems have been identified, I have found a remedy. It is known as an Envelope Based System. How has the Envelope System helped? Let me count the ways!


1. It is so easy to put $50.00 on that little plastic debit card and really hard to break a $20.00. I don’t know why, it is just a fact of life. A study several years ago showed that people who used debit/credit cards spent at least 15% more than planned compared to those that used cash.


2. It helps you stick with the budget that has been set up. I determined that I could spend $200/wk and have plenty for gas, food and small incidentals like paper cups for a school party. That is $800/month. That leaves me $600 to put towards savings and debt. Before using the Envelope System, I was always sweating for the next paycheck because I had spent all $1,400.


3. Using the Envelope System has made me prioritize my spending, rather than wasting it on impulse purchases.


4. The Envelope System helps prevent dipping. I definitely have a more define perspective on where my money goes and what I will need in the near future.


Sounds perfect, right?! Almost. Paper envelopes wear out quickly, don’t fit in my purse well, coins fall out everywhere and they aren’t fun to look at! But I love my new Envelope System Wallet! It has 3 labeled envelopes, a quilted change purse, and a single pocket wallet. The envelopes can have any labels you choose including your favorite Bible verse or special saying. The zippered coin purse can also be used to hold plastic, like membership cards, emergency credit cards, and insurance cards. The wallet is large enough to hold a checkbook, deposit slips and coupons but small enough to fit in your purse.

Join the Envelope Revolution by participating in N’ STITCHES DESIGNS FIRST GIVEAWAY!!
Visit Organization Junkie for details!! See ya there!

16 comments:

It Feels Like Chaos said...

These are so cute! You are so talented; I really wish I could sew! Thanks for stopping by my blog!

Renee said...

I NEED one,how much do they cost?
renee9558@yahoo.com

momof2plus1 said...
This comment has been removed by the author.
mandi said...

oh! that is great! so creative

Nicole said...

Very Cute! I'm a Menu Plan Monday Girl...so I hope I can win! Wahoo! :) Love your shop and blog too.

Katie, Kevin and kids said...

I love this envelope wallet! Creative and cute! Are you selling these, or only doing the giveaway? I'd love more info on purchasing one.

Katie, Kevin and kids said...

Oh fun...I just found it in your etsy store!

Kathy said...

I know Suzie Orman says you have to "make room for the money" by decluttering, cleaning closets,getting rid of stuff you don't need. All this to say, I think you're on the right track organizing your cash into envelopes. At least I think Suze Orman would approve.

paperdoll said...

I'm a Dave Ramsey follower and I would LOVE one of these! How can I buy one...your Etsy shop does not show one :(

More than Survival said...

I just purchased one from your etsy store! I can't wait to get it! My poor paper envelopes just aren't cutting it!!!!
Heather

chickadee@afamiliarpath said...

that is so cute!

The Barrios Family said...

So, are you selling this or is it just for the giveaway. I use the envelope system as well, and I'm tired of the paper envelopes. THanks for any information you can give me.

Emily said...

I would be interested in buying one of these if possible. Can you please tell me how much if they are for sale? Blessings,

Emily

Design A-Peele said...

Hi! I was just googling wallets for my cash system and found your blog. But I saw that you don't have anything in your etsy store. Do you have any leftovers that you would be willing to sell for less?

Lanee M. said...

Hello, would love to have one of the wallets too. Please let me know if you have any more available.
pamperedmom2001@aol.com

Thanks

نجيم فكري said...

thank you for great article,
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