My cash envelope system saved me $150. Is it outdated compared to apps?

I saved $150 in three months by using cash envelopes for groceries. My brother uses a budgeting app and finds it easier. What's your opinion on which method works better?

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3 Comments

the_oliver7mo ago

Stick with whatever makes you actually think about the money. The envelope thing forces a physical limit, which apps can't really do because you can just ignore a notification. Maybe it's just me, but seeing the cash run out hits different than watching a number go down.

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simong797mo ago

Wasn't there a psychology article about cash actually hurting more to spend?

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lucaspatel7mo ago

Yeah that physical feeling is totally different, right? Like when the grocery envelope goes flat and you have to really stop, it hits you in a way a low number on a screen just doesn't. Apps are great for tracking but they don't have that... I dunno, that gut check. If the envelope system got you saving, it's clearly not outdated for you. Whatever makes the money feel real is the winner.

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