What is envelope budgeting? It is basically dividing your money into different envelopes marked with different categories. When you receive your salary/wages, pay your regular bills online. For example: Rent/bond; Water & Lights; Rates & Taxes; DSTV; Medical aid; Insurance; school fees/ child care if it is over R1000; etc. Then take what is left over and divide it into envelopes. I do my shopping … Continue reading Envelope Budgeting