Are you looking for a smarter way to manage your money each month? Whether you're tackling debt, saving for a goal, or just want to be more intentional with your spending, Dave Ramsey’s Cash Envelope System might be the budgeting method you've been searching for.
This tried-and-true method is simple, visual, and puts you in total control of your finances, no spreadsheets or budgeting apps required.
What Is the Cash Envelope System?
The Cash Envelope System is exactly what it sounds like: you use envelopes to hold your monthly spending money for specific categories like groceries, gas, entertainment, or dining out.
Here’s how it works:
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Start with your monthly budget. Determine your income and assign spending limits to each category.
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Withdraw cash. Take out the cash you’ve budgeted and separate it into labeled envelopes.
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Spend only what’s in the envelope. When the envelope is empty, you're done spending in that category for the month.
It’s a physical, real-time way to track your spending, and it can prevent the all-too-common “where did my money go?” feeling.
Why It Works
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No overspending. If your grocery envelope is empty, it’s a clear signal to get creative with what’s in your pantry.
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Accountability. Using cash keeps you more conscious of every dollar you spend.
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Simplicity. You don’t need to be a financial guru to make it work.
OneShare Health Can Help You Stick to Your Budget
Many OneShare Health Members choose our Programs not just for their flexibility and simplicity, but because they can fit easily into a smart monthly budget. With Monthly Contributions as low as $72.99 for the Catastrophic Program and $92.99 for the Classic Program, Members are stretching their healthcare dollars, leaving more room in their envelopes for other important things.
Plus, OneShare Health offers access to tools and features that help Members save even more, including:
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Prescription discounts through Rx Valet, WellCard Savings, and Clever Rx.
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$0 Virtual Urgent Care Visits with Clever Health, 24/7 access from anywhere.
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Mental Health Support, lab discounts, vision care, and more.
Budgeting Tips to Go Further
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Refill your envelopes at the same time every month.
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Track how long your cash lasts in each category to help adjust your budget.
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Use digital envelopes if you’re more comfortable with debit cards, just make sure you stop spending when the limit is reached!
Start your financial fresh start today. Pair Dave Ramsey’s Cash Envelope System with the simplicity of a OneShare Health Membership to take back control of your monthly spending.
☑️ Get your free quote today and speak with a specialist who can help you find the Program that fits your budget and lifestyle.
