Alternative Approach: Use Virtual Envelopes for most of your Spend Categories _ In today's electronic world, there's a version of the envelope system that can take the old proven approach and revamp it for the 21st century: Virtual Envelopes. Built on the solid foundation of the Cash Envelope system, Virtual Envelopes works seamlessly with your existing cash envelopes and your budgeting worksheets. The only difference from Cash Envelopes is that for some budget categories you will now deposit the cash into your bank or credit union and manage those categories online, or "virtually." Hence, the term Virtual Envelopes.
In a few minutes, when you have this short article on free budget worksheets, you will know why it is important to use guides to control where your money comes from and more importantly, where it goes. It will provide a planning tool that helps you plan how to allocate your money on items such as housing, transportation, insurance, clothing and personal care items, savings, medical expenses, entertainment and other expenses. Not many things, it seems, are really free. However, budget worksheets are one very effective way to get a handle on one's money and begin the path to peaceful debt_freedom.