Tips For Your Money Jars or Envelopes
By Dana Prince on Sep 2, 2008 in Uncategorized
Here are some practical tips related to the money jar budget:
Types of Money Jars:
-Use Mason jars with labels
-Buy little piggy banks from the dollar store
-Empty spice jars
Money Jar Tips:
-Label Your Jars
-Keep them in a safe place (not near an opened blind or curtain)
Budgeting Tips
-Suggest your kids set up jars for savings and for spending too. It’s never too early to learn how to budget
-Have a slush fund jar that you use to put in whatever your leftovers are at the end of the week. This jar can be for a treat or a special fund. This is a great incentive to spend even LESS
Envelope budgeting works well too if you don’t want to use jars and travel well. Use plastic pencil cases or inexpensive wallets with labels for each fund.
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