this save method your envelopes It has been passed down from generation to generation and has survived over time because of its simplicity and mainly because of its effectiveness. Its main purpose is management. personal finance and Organization of monthly income based on household expenses —services, rent, purchase, etc.—.
This is particularly useful in an economic context, such as the current situation where inflation has reduced the income yield and purchasing power is lost. Moreover, can be used to save: idea regularly set aside a portion of your income to create your own fund.
The technique is very simple: Divide revenue into different envelopes based on the payment categories we have to face. This is how we create a specific and differentiated fund. allows us to maintain tight control over money entering the home. This task should be done at the beginning of the month, as soon as you receive the payroll.
Al Divide income into different categories based on household expenditures and needsenvelope number offers the ability to improve resource management and save a little bit each month.
In this way, we have a record, but also a organizational system where we can visualize the different quantities available. This method simplifies management and allows us to reliably know how much money we have before spending it.
We respond better to unforeseen expenses by differentiating the purpose of each envelope upfront and subdividing revenue. can condition our economy: fix the car, incur a medical expense, or take advantage of an offer.
Finally, The trick of the envelopes allows us to reliably know the percentage that each expenditure represents for our local economy.. In the case of instability and inflation, such as the current situation, this enables us to make more informed and accurate decisions regarding our finances.