Tracking Money in Savings Account

FireFly fireflys_98 at yahoo.com
Fri Dec 17 00:58:14 EST 2010


So attached is my stupidly simple sample of what I think an envelope system could be.

Note, I've not made this very detailed, doesn't include worrying too much about pay, it's just net income (not splitting to savings accounts, or anything else)

I moved $100 into the Electric Envelope ready to pay a bill (that was then paid)
I moved $100 into Phone Envelope ready to pay the phone bill, it's setup to pay in a few days time.
I moved $100 into my envelope for buying something that I wanted to save up for, obviously not buying anything with it yet, so it's just sitting there.

The complex bit, as far as I'm concerned is going to be balancing the accounts, since you'll have a bunch of splits that the bank doesn't have.

- James Duerr



E-mail: FireFlys_98 at yahoo.com

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