Cons of envelope budgeting system Lack of flexibility: Most of us are accustomed to deciding how to pay for something on the fly. We can use cash or pull out a card if that's more convenient. Once ...

The South African Revenue Service (Sars) has reported receiving 2,664,279 applications for two - pot withdrawals within five months of the system being implemented and R43.42 billion having been ...

Pros of the envelope budgeting system Improved awareness of spending: Once you're in the habit of pulling cash out of an envelope to make a purchase, it's next to impossible to remain unaware of ...