Home MoneyBudget 50 Category Ideas for Your Cash Envelopes

50 Category Ideas for Your Cash Envelopes

by Diane

Why Cash Envelopes?

If you’re struggling with your budget or saving for irregular bills, one of the best and most practical ways to stay on track is to use cash envelopes; a budgeting system made popular by Dave Ramsey.

You can set up as many or as few envelopes as you like, it’s a completely flexible system you set up according to your own needs.

You can find out more about the cash envelope budget system here.

Related reading: 10 Dave Ramsey Money Saving Tips for Christmas

Peony mix printable cash envelopes
The Peony Mix printable cash envelopes are available in our store along with a huge range of colourful designs.

50 Category Ideas for Your Cash Envelopes

Obviously, you won’t need to use all of these category ideas but hopefully they will act as prompts for spending categories you might have missed on your initial list.

These ideas for your cash envelopes are presented in no particular order:

  1. Utilities
  2. Insurances
  3. Medical & pharmaceutical
  4. Irregular bills
  5. Groceries
  6. Eating out
  7. Work lunches
  8. Entertainment
  9. Sports/activities
  10. Movies
  11. Outings with friends
  12. Outings with family
  13. Date nights
  14. Starbucks
  15. Pet Accessories
  16. Vet costs
  17. Back to school
  18. Kids’ allowance
  19. Toys & play equipment
  20. Kids’ clothes
  21. School lunches
  22. School excursions, etc.
  23. Books
  24. Shoes
  25. Accessories
  26. Gardening items
  27. Yard maintenance
  28. Car maintenance
  29. Household items
  30. Cleaning products
  31. Tools
  32. Home Depot
  33. Spouse 1 – spending
  34. Spouse 2 – spending
  35. Hobbies/classes
  36. Craft supplies
  37. Home decor
  38. Clothes
  39. Cosmetics
  40. Toiletries
  41. Massages
  42. Salon & hair care
  43. Holiday gifts
  44. Birthday gifts
  45. DIY Projects
  46. Travel
  47. Technology
  48. Crazy cash (money you can spend without justification)
  49. Replacement items
  50. Donations/tithing

How many of these can you use? Did you think of other categories not included in the list? Make your suggestions in the comments so we can add them to this list.

Struggling with your budget or saving for irregular bills? The best and most practical way to stay on track to use cash envelopes. Here are 50 ideas for categories to use.

Your Cash Envelope System

Using the cash envelope system means keeping a reasonable amount of cash on hand so you’ll want to keep it secure.

Keeping all your envelopes together makes it easier to keep track of them but can make you vulnerable.

The best idea is to keep your envelopes in a folder, file or planner in a secure location and remove cash for specific purchases as you need it. You definitely don’t want to carry all of it with you, all the time.

Not sure where to start to organise your budget?

If you’re not sure where cash envelopes might fit into your budgeting strategy, we have some articles that are bound to help.

advertisement for budget binder available in the smart money simple life shop

Build a Life you Love

The absolute driving force behind my online endeavours is to establish and maintain a life I love. A life that allows me to spend my days the way I want to spend them.

After a short stint back in the corporate world, I’m more committed than ever to spend my days doing things that bring me joy and add real value to others’ lives.

Blogging – Learn how to start your own blog or business web site. Once you get started, there’s almost no limit to what you can achieve for yourself. But, the first step is establishing your foundation and that has to be a self-hosted site. If you’re just testing the waters, I recommend Bluehost as a cost effective way to get started.

Online Store / eCommerce – Along with the store attached to my blog (Shopify), I have another business which includes an Etsy store and a Shopify store. Whether you’re selling stock you’ve purchased, dropshipping or selling your own handmade products, eCommerce is a great way to start an online business in your spare time. If you’re not particularly nerdy, Shopify is a great platform to use as it’s intuitive and has lots of help available if you get stuck.

Managing your Money – The framework for everything in life and business is good money management. I’ve created the Budget Binder so you will always know when to save and when to spend.


Related Articles

Leave a Comment