Hey Doodles Friends! Is your goal this year to gain more control over our finances? here is a crafty way to control your spending without feeling like a bookkeeper by using the cash envelope system. Basically, this is a way to control spending by allocating certain parts of your budget to be taken out in cash. You take out the cash during the month according to what you have budgeted and then once the money is spent, it is gone!
To start with, use some fun papers from the DCWV Playful Icons paper pad. Who says budgeting must be boring? A 3-inch by 7-inch envelope would be perfect to hold your money while allowing room to add a binding to the side.
Trim the paper using the guide on the envelope punch board. For this project that means 8 ¼” x 8 ¼”. Then, line up one edge of the paper at 2 ¾”. Punch the top of the paper and score.
Rotate the paper 90° counter clockwise. Line up the paper using the score line and the score guide. Punch and score the paper again. Repeat this process on all four sides.
Round the corners on the two shorter sides.
Fold and assemble your envelope using the score lines as your guide. The two longer sides will need to be trimmed to allow the envelope to close. Leave the top open. Repeat this process to create as many envelopes as you need for your system.
Use the Typecast typewriter to create some labels for the front of the envelopes to know which envelope belongs to a category.
Use the Cinch tool to bind it all together. You want to be able to close the envelope at the top, so only used the 12-hole punches, rather than punching them all the way to the top.
Add the cinch wire and close it up. To have the inner part of the binding inside your booklet, move the front envelope to the back and then cinch. This will have the split part of the binding be on the inside of the back envelope, so it doesn’t get caught on anything.