Make a Cash Envelope System Wallet Printable Template

Cash envelope systems are generally very helpful and represents a very useful tool to include within your budget estimation. All you really need are some envelopes, a marker and some time. Each envelope is dedicated to it's own specific purpose and should be respected accordingly. If you have an emergency envelope, and you notice that it is becoming full, don't touch it unless there is an actual emergency which we all know can come up at any given time. In case you need a christmas fund, make yourself an envelope just for that and keep in mind, there is no purpose to little that does not deserve it's own cash envelope. Make sure that you keep these envelopes somewhere safe and if you are uncomfortable with keeping cash in your house, then it may be best to talk to your local bank to see if they store your evelopes in a safe deposit box for you.
Saving for something specific can be quite motivational

If you are an avid listener to American financial author, Dave Ramsey’s show, you will most definitely know of the cash envelope system. In a nutshell, for the cash envelope system, you take several envelopes, label them, and put your money in. Just several days ago, we posted about how to get started with a cash envelope system, right here on Budget Pronto. That post will explain the basics of the system. If you already have a budget in place and want to learn how to make a cash envelope system wallet, you’re in the right place.

Dave Ramsey’s cash envelopes are a huge discussion in the personal finance industry. The popularity of the system has grown exponentially over the past few years, really saving many Americans hard-earned cash. With the success of the envelope system caused a huge market of cash envelopes to buy. You can go ahead and buy a nice little envelope or you can use a cash envelope printout.

There are many ways to make-your-own neat envelope. Be as creative as you want! These are your envelopes and you should really do with them as you please. You may choose functionality over beauty or you may even figure out a way to balance the two. It is really up to your personal preferences… and as you use the envelopes, your preferences may change.

Money Envelope Template

This cash envelope system template can be printed and used personally. This is one of the easiest money saving ideas which just requires you to have your budget already written out. You may create an cash envelope for every category and every item in your budget. All you have to do is keep track of your deposits into the envelope and also any withdrawls made as this is essential. Your may print this out as often as needed.
Printable Cash Envelope Template
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There are many cash saving ideas out there but none are as easy as the cash envelope system. With your budget in place and an idea of what you need to save for you can set up your envelopes and watch them grow. Recording your deposits into each envelope and only using them for their specific purposes keeps you in check and worry free. Everyone can benefit from this type of system as long as they know that the envelopes are in a safe place. Never leave your cash envelope system laying around where just anyone can find it. You have to make sure that all of your family is included in saving money and that everyone knows how important it is and how vital it is that these envelopes not be touched for any reason other than their intended purpose. If you see that the envelopes are getting too full, you should open up a savings account with a bank book that shows how much was in each envelope. Once the money is in the bank, you will have to keep a manual record of your deposits for each "envelope". You could of course open seperate savings accounts for each purpose through the bank but, you will have to find a bank with the least amount of fees.
Setting Up A Cash Envelope System Is Easy

This template is basic black and white. It may not be the prettiest envelope you have ever seen, but it’s functional and it’s pretty dang good at holding a wad of cash. The template is a .jpg file, ready to be printed. It’s not PDF or a Word document, but those file types are not really necessary.

How to construct the template

To begin the process of creating your own cash management envelope, you must first print the template out. You can do this by right clicking the image above and then clicking ‘save to desktop’. From the desktop, you should locate the image file and then print it out. The template should fit correctly on 8.5×11 paper but your computer settings may change that.

When it is properly printed out, it is time to start the fun! Pull out your preferred method of slicing paper and then begin to cut along the bold outside line of the template. When that is done, you can throw away, save, or recycle the outside scrap paper.

The dotted lines are for folding! Fold the four tabs inwards at the dotted line, one at a time. You can fold more than one at a time but that requires skills that I haven’t even acquired yet… and I’ve been doing this for years!

Once all the sides are creased, you want to fold inwards the bottom and the small side flap. When those are folded inwards, you take the largest flap and fold it to make contact with the bottom and side flap. Now it’s time for the glue or tape! Mend the two halves of the paper together. Make sure to leave the top flap (the category side) unsealed. This will be how you add and remove money from the envelope.

How to use the envelope

Now that you have fully constructed the envelope (and maybe decorated it), it is time to put the envelope to use. You will most likely need to have multiple envelopes, as each one is for an individual category. Groceries, hobby, entertainment, clothing are examples of the types of categories that you will have. Check out this post on using a cash envelope money management system to learn how to implement your envelope into daily routine.

How to decorate the envelope

As I stated before, the decoration is totally up to you. Each and every wallet can be unique! Since I go through about 10 of these envelopes per month, I like involving the family in creating them. We sit down after dinner, take out the coloring supplies, and get to work!

My favorite decorated cash envelope was when my good friend decorated his ‘groceries’ category envelope with confetti from the New Year’s party.

It’s possible that Dave Ramsey has advice on how he likes to color his envelopes! Maybe you should ask him?