What do you mean by envelope budgeting?

[Good-Person]

When it comes to finance, budgeting is one of the most important aspects of finance. We have to deal with daily expenditures and we may need to create a specific budget for that. The envelop budgeting method may help you deal with monthly expenses as it help you to create a separate budget for each and every thing. So, is this technique quite useful?

 

[Frank]

This is a useful step in sorting out how expenses should be done within a particular month. The truth is that one needs to have things set-up in a way that you don't spend more than you should set aside for running your daily activities within a particular month.