5 Free Cash Envelope Templates in [year]

You might be wondering what the concept of a cash envelope template is!

Here we have some interesting content for you.

You can check out the extensive collection on the cash envelope system on this web page.

Furthermore, these templates will help you in creating and making proper budgets.

If you think that it is a tough and messy challenge to stick to your budget line, then do try out this cash envelope template.

We hope that with the help of these details, you can well make your budget part workable.

Moreover, you will get to know how to control and manage your finances.

This whole system has helped and assisted lots of individuals, and you can also seek benefit from this system.


What Exactly Is The Cash Envelope System?

What exactly is the Cash Envelope System

To budget and handle your finances, one can work on this cash envelope template system.

This is a popular and convenient way that was devised by Dave Ramsey.

By profession, he is a US personal finance expert. Furthermore, he is a radio host and best-selling author.

If you have started to feel that you cannot control your spending and fail to follow your budget line, then this system can guide you.

Moreover, this exclusive system aids you in saving more and more, and you can easily pay off your debt.

As you can well understand from the name and title of this cash envelope template system, it tucks your cash right in various envelopes, and these envelopes are labeled according to your varied and different budget categories.

As soon as you create and make your budget plan, then you manage to allot money to these categories and label your envelopes so that the required amount of cash can be placed in them.

Like, if you have made a food envelope, then you cannot use that cash to pay your electricity bills. Or you cannot use and avail tour transportation envelope for paying any of your student loans.

Hence, this is a great way to keep an eye on your spending and be able to ensure that you do not go over budget.

You should increase your will power while you work on this system. Like, you have to control your cravings and immediate gratification desires.

Below you can see more of the details on this cash envelope template system, so do have a look at them.

How Does The Cash Envelope System Work?

How does the Cash Envelope System Work

Here you can see the working mechanism of this cash envelope template system. This system works on super simple and easy to follow terms.

In addition, this system is easy to learn, and all beginners can use it. If you feel like using it right now, then go ahead because you do not need any technical guidance and assistance.

Just to give you a simple example, if you make 1700 dollars per month, then you have to budget this whole amount according to your expenses.

You have to make separate envelopes for your food and groceries, utility bills, transportation, and fuel.

At the start of each month, what you can do is to make 125 dollars savings. You can fix 300 dollars for your food and groceries envelope.

Moreover, you can allow 150 dollars for your gas and transportation envelope. No matter, you are paid weekly or fortnightly, or monthly, you need to stick with this schedule.

No doubt, following this cash envelope template system is fun and one of the effortless jobs to do. If you do not follow such mechanisms, then your budget maintenance part may turn out to be complicated enough.

If you have allotted 300 dollars to your food and grocery budget, then there is no other way to exceed this line and dip into other envelopes of yours.

Working on this system is all about commitment. In other words, you have to stick with these lines so that you do not go and move over budget.

Here in this cash envelope template system, cheating is not allowed. Make sure to stay under budget as hard and dedicatedly as you can.

If you have got any leftover money, then you can add that money to your saving envelope.

How To Start A Cash Envelope System That Works?

How to Start a Cash Envelope System that Works

There is a simple and clear-cut guide on how to start a cash envelope template system, and with the help of this writing piece, you can know about that respective procedure:

Create And Make A Budget:

First of all, you have to create and make a budget by keeping in mind and fully analyzing your income as well as expenses.

Most importantly, you have to determine and sort out your budget categories in this regard. There are a series of steps entailed and embedded that tells you how to make a proper budget.

Start To Allocate Your Money:

Then in the next step, you have to allocate your money to the budget categories that you have made. Moreover, you have to allocate and assign certain money and budget to your fixed expenses and variable expenses.

Make budget categories that how much money should be assigned to your gas and transportation expenses, health care expenses, rent and mortgage costs, and personal care expenses.

In addition, you have to remain careful how much amount should be assigned to pay off your loans and debit card expenses.

Make Budget Envelopes:

Moving to the next step, the individual has to start making budget envelopes. No doubt, this is the fun and interesting part that all people love to do.

You can either go for paper envelopes, or you can have DIY cloth envelopes for this budget planning job. It is up to you if you want to make cute envelopes.

If you make exciting and appealing envelopes, then you may remain motivated and eager to follow the budget plan and remain stick and dedicated to it.

At the same time, avoid making fancy budget envelopes. The whole point of following this cash envelope template system is to save and reduce your expenses.

That is why make envelopes that are interesting looking but budget-friendly too.

There are many cool and fun looking templates that give you lots of ideas on how to make these envelopes.

Add Cash Right Into Your Budget Envelopes:

Once you have made these envelopes, then you have to start adding cash into these envelopes. This is how this whole system of cash envelopes works and runs.

If you still have any questions about this budget planning system, then you can ask us. Do not forget to check out the cash envelope template collection and let us know which template you liked the most.

Does The Cash Envelope System Work?

Does The Cash Envelope System Work

The answer is a whole yes that this cash envelope system works on the best and professional notes. This is a useful system that helps you in your savings and does not allow you to spend your cash in a useless manner.

When you see your envelopes that they are running low, then your mind becomes and gets activated more, and it starts to think on active terms regarding how to bring back more cash in your budget envelopes.

Upon using this cash envelope template collection and this whole system, you get in a better position to self-control yourself and balance your expenses and spending on optimal notes.

Furthermore, this system helps you out regarding and concerning your overspending habits.

If you still have not used this system, then we recommend you try out this system. It works on tangible and extensive terms and gives desired benefits.

Instead of using some other systems for budget planning, you can opt for this system. And to bring more convenience, you can utilize this cash envelope template collection.

Advantages Of The Cash Envelope System?

Advantages Of The Cash Envelope System

There are many advantages that are given by this cash envelope system. Below you can check out their details.

And if you start to utilize and avail this system, then these same benefits will be experienced by you:

Your Whole Budget Plan Becomes More And Extensively Tangible:

First of all, with the use and implementation of this system, your entire budget planning becomes more and more tangible. Furthermore, you get this assurance that your budget plan is in the right hands.

This system tells you how your dollars are turning and transforming into cents and how many purchases you should make to keep your budget under control.

Moreover, this exclusive system educates and informs you that overspending is not a wise and sensible practice to do.

You have to keep your cash, expenses, and spending in check each time.

This System Is Free To Use:

The unique part of using this system is that it is free to use. Most importantly, it does not ask for any charges or any kind of fees.

It is not entailed and embedded with any late fees charges and also any of the interest fees.

You got cash in your envelopes, so simply take out the cash whenever you want to make a purchase.

You Become More Disciplined While Managing Your Cash:

With the use and follow-up of this system and with the correct usage of the cash envelope template, you get into this mode of becoming more disciplined while managing your money.

In other words, we can say that this system makes you more disciplined. It aids you in firmly sticking with your budget, and you start to professionally manage your money.

Though these budget envelopes put you in a restricted condition, and you get to have limited cash in your hands, that is the beauty of this system.

When you see limited cash in your pocket, then you stay away from the overspending routine as well.

Prevents And Stops The Practice Of Wasteful Spending:

If you think that you do wasteful spending, then it is high time to use this system and also to use this cash envelope template.

This system makes sure and guarantees that the person does not link himself with wasteful spending routine and practice.

It Is Simple And Convenient To Use:

Beyond, this system is convenient and seamless to use as cash is present in your envelopes, for the reason that you do not have to search for your credit cards and debit cards!

Almost every single store accepts cash. That is why you do not have to worry about this fact whether you should also keep credit and debit cards at your end.

Cash is easy and convenient to use during the time of emergency too.

Take Advantage And Benefit Of Discounts:

It is seen that there are lots of stores out there that do offer some discounts when you pay them in the form of cash. There are a bunch of retailers that offer discounts in this area.

You may get some reductions right on price tags. This is how you can make some money on your purchases if you use the cash envelope template system.

You Tend To Make All Your Payments On Time:

Even more, when you have instant cash in your hands, then you are not going to miss making any payments from your side.

It means no late payments will be made. When using this system, you just have to keep a calendar and also a notepad.

On this notepad, you can mention and write down what important payments you have to make and on which day and date.

Like, you can write down the details of your expenses and bills and write down their due dates. With this penned down information, no experience of making late payments will be made by you.

This System Surely Works:

Lastly, this system surely works and gives the desired results on guaranteed notes.

It keeps track of all of your spending, and it eventually becomes harder for you to spend on unwanted stuff and elements.

You opt for a disciplined approach with the use of this system and gain more self-control.

Disadvantages Of The Cash Envelope System?

Disadvantages Of The Cash Envelope System

If this system has its promising and appealing side, then it has its bad side as well. Here you can have a look at the disadvantages that are linked with this cash envelope template system.

It Is Not Much Safe To Keep Cash All The Time With You:

This system all runs on the mode of keeping cash with you, but it is not secure and wise to keep such heavy cash all the time with you.

When you walk around with massive cash in your hands, then there is a chance that it may get stolen.

To be on the safe hand side, you should not tell anyone that you are keeping cash. Or you can say that one should not be divulging this piece of information to anyone.

You Have To Go To ATM Once Your Envelopes Run Out Of Cash:

Furthermore, when your envelopes run out of cash, then you have to reach a bank or ATM machine to fill those envelopes one more time!

With this system, there is a chance that you might have to go back often and frequently because you never know when your budget envelopes get empty.

This System Does Not Work If Two Persons Are Managing And Planning The Budget:

You have to keep in mind that this cash envelope template system only works for the person who is managing his budget individually.

However, if you have a spouse and she is also equally involved in planning this budget, then handling and exchanging envelopes may get difficult.

The Cash Envelope System Does Not Work For Families:

It is extremely difficult to make this system workable for big families. Besides, if you are living a solo life and living alone, then this system can work ideally for you.

We have seen that this system does not have enough tendencies to bring and get all of the family members on board and to bring them on a single page while creating budget and managing expenses.

You May Not Get Credit Card Rewards:

If you use this respective cash envelope template system, then you will not end up getting any of the credit card rewards.

Using cash, all means that no credit card bonuses, as well as rewards, will be given to you. Like, you remain devoid of the perks of cashback and pints and to miles.

Envelope Budgeting Apps To Help With The Cash Envelope System?

Envelope Budgeting Apps To Help With The Cash Envelope System

So, what about using these envelope budgeting apps? You can try out any of them. As we have talked about the usage of cash envelope templates, the same way, you should understand this concept.

This whole budgeting process can become further easier for you if you use these apps. Furthermore, these apps help you in managing your cash flow part and you get in the position to make a budget just like a pro.

So, make sure to use these apps and enjoy the extensive backing and support given by them.

Moreover, you can freely let us know about your experiences using a cash envelope template.

4 Envelope Budgeting Apps that will Make the Cash Envelope System Super Simple?

4 Envelope Budgeting Apps that will Make the Cash Envelope System Super Simple
$100 banknotes in an envelope

Here we have reviewed for you these 4 envelope budgeting apps. We are confident that these apps will be able to make your cash envelope system seamless and super simple.


Apart from using a cash envelope template, you should use this app. This is a budgeting app and it is here to make your cash envelope system much hassle-free each time you use it.

This app has the potential to take your personal finances and management all to the next level. In addition, this respective app makes use of digital envelopes and it helps you a lot with this money management part.

You get this real-time view that how your expenses and spending are managed. Apart from that, this app gives you a complete and thorough view of your accounts.


The next app that we have suggested to you is this GoodBudget app. If you are using a cash envelope template, then it is also advised to use this reviewed and highly suggested app.

Keep in mind that this is budget software. It keeps the track of your finances.

Through this app, you can control your spending and save extensively each time.

Budget Ease:

This is another amazing app that you can utilize for managing and preparing your budget. As you can see and well experience that this is one of the simple and user-friendly envelope budgeting software options.

It runs on digital mode and controls your finances in a manageable and professional manner.


The last app that has gained much popularity these days is this MoneyWell app. This exclusive app is completely and wholly builds on the concept of a cash envelope template system.

It makes sure that you do not move on the path of overspending.

So, which app you want to use apart from using these cash envelope template collection, do let us know.

Frequently Asked Questions:

Q. What If I Make Online Payments?

Ans: If you are using a cash envelope system, then you can still make and process online payments at your end. What you can do is to reserve your cash and use these online payment procedures.

Furthermore, if you are using this system by incorporating paper envelopes, then you can shift this system to budgeting app mode.

Q. What If I Use Debit Cards For Transactions?

Ans: If any of you is using debit cards for the sake of making transactions, then he or she can still use this cash envelope system.

When you use both of these mediums, then you have to make sure that you do not overspend on any stuff.

Q. What If I Run Out Of Money In My Envelope?

Ans: In case, if you run out of money in your budget envelope, then you can use some other alternatives in this regard.

Like, you can use your debit card or credit card or run to an ATM machine to get cash.

When implementing this cash envelope system, you have to make all possible efforts that you do not run out of cash and your envelopes remain filled with cash.

When you notice that little cash is left behind in your envelopes, then right at that time you should fill them with some more cash.

Besides, you will never and ever run out of cash when using this system if you successfully tend and remain to stay under budget.

Q. What If I Have Money Left Over In My Envelope At The End Of The Month?

Ans: If you have some money left in your budget envelope at the end of each month, then you can shift that money to your saving envelope.

Q. What Happens If Another Family Member Makes Grocery Runs Too?

Ans: Like, if another family member of yours is involved in budgeting stuff as well, then it is recommended to make two envelopes of the same category.

In other words, you can split and divide the money of the same category and put them in two envelopes.

Q. Can I Still Use This Method If All My Transactions Are Done Online?

Ans: You can freely use this cash envelope system if you make all of your transactions online.

No matter, you prefer to go for online transactions mode, you can avail of this system any time.

Additional Tips And Information On The Cash Envelope System:

Additional Tips And Information On The Cash Envelope System

Now, you have grabbed enough information on this system and cash envelope template collection. Below you can see more of the additional tips as well as information on this system:

You have to make sure that all of the categories are included in your budget and you do not miss any of them. In case if you miss any category, then there is a chance that your budget plan may not work properly.

Furthermore, your budget envelopes should remain there with you all the time. Like, you should have cash in your hands always.

To bring more control in this cash envelope system, it is recommended to write down each stuff, important due dates of bills and loans.

By writing down all minor and major details, you will easily get to know where each dollar of yours have gone and spent.

When following this system, if you feel that you are still immersed in an overspending habit, then it is suggested to make an accountability partner.


So, are you ready to try out this system, you should be! This extensive guide on the cash envelope system and cash envelope template may have given you enough details.

If you feel that your budget, expenses, and too spending are getting out of control, then follow this system right now.

This is super easy to use the system and we guarantee you that no tough moments will be faced by you.

So, get hold of this cash envelope system and also cash envelope template collection and share your opinion about them.

Keep connected and tuned over here.