How I'm Saving $350 a Month With the Envelope System

Reblogged from stuffgradslike:

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The other day, I was at the bank, and teller politely asked why I was withdrawing several hundred dollars into cash. "Oh, I'm going all-cash now," I responded, smiling. He seemed confused. "Oh! Well...uh, huh," he said, slowly. "You know, there are a lot of advantages of using our online checking accounts - they're a lot of simpler, you know?"

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Thought this was a good blog about Personal Finance and what people call the "Envelope System". We did this when we first got our first house. Its a really good way of saving money. Some people do another version of this but with checking accounts...
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