The Best Way For A College Student To Save Their Money
Start writing a post
Student Life

Cash Envelopes And How They Helped Me To Save Money

I'm the worst at saving money, but I want to have my finances in check for all of 2019 and beyond.

save money - Google Search

For the past couple of weeks I have been feeling a huge inspiration of saving money and finding ways to budget as a college student. While this method can be used for any lifestyle, whether you be married with kids, living with just your spouse, I found for me, this method works best as a broke college student, and I feel its more attainable. In this article I will be explaining the method of cash envelopes and how they have helped me immensely.

Cash envelopes can be simple, they can be your basic envelope with labels for each expense or they can be decorated how you want. For me, I decorated them with washi tape and stamps to make them fun to look at. Some cash envelope users use this envelopes to put away "monthly expenses," like rent, car payments or monthly subscriptions, but for me, I have been using them for this thing called "sinking funds"

My sinking funds consist of a few things like a trip I am planning for 2020, emergency gas fund, clothing/beauty fund, Christmas/birthday gift fund, and etc. There are envelopes I will build on every two weeks (each time I get paid) and put a fixed amount of money in them and log in how much I put.

I am an a crazy spender, or was, and never saved a penny, but now that I have been designating a fixed amount of money every two weeks into these envelopes I don't consider it money I can just spend, I consider it part of my savings.

As a college student that works two jobs, I am trying to improve on my finances and I want to be able to have more money long term and to actually be able to have the things I want without my week to week finances suffer.

My New Years resolution is to be better about saving money, and I hope this helps others, too!

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.

That's right, you heard that correctly: Demi Lovato and Max Ehrich called off their engagement after the couple originally announced their engagement in July after beginning to date in March.

Keep Reading... Show less

Demi Lovato's Called-Off Engagement Reminds Us Of The Importance Of Taking Our Time In Relationships

While this may be another hardship she sadly has to endure, I know she will find a way to inspire and help others through it.


I am heartbroken.

Keep Reading... Show less

Freshly popped buttered popcorn in your lap and a glass full of crisp Coca-Cola is at your side. All the lights are turned off and you are tucked into a cozy blanket. You have the whole day off and no responsibilities besides refilling your popcorn bucket. Now all you have to do is decide on what movie to watch, but you know one movie will not fulfill your need of relaxing all day. A movie marathon is the only answer to your problem. In case you did not know what movie series to start with, try a few of these.

Keep Reading... Show less
A Touch Of Teal

It's the oldest story in the world: one day a new tv show comes on and you fall in love with each character and their story. In 2003, the show "One Tree Hill" was born and stole the hearts of fans of many ages. Torn between the sweet, underdog Lucas and tough, popular boy Nathan, people became hooked through the family and relationship drama the characters went through.

Keep Reading... Show less
Student Life

12 Starbucks Iced Drinks You NEED In Your Life

Must-try beverages brought to you by your local barista.


Be kind to your baristas, they can make you some pretty great drinks. With the temperature rising and the days getting longer, it's approaching the time to find your summer staple to keep you cool (and caffeinated) over the next few months.

Keep Reading... Show less

"Keeping Up With The Kardashians" is coming to an end after 20 seasons of intense drama, family bonding, and Scott Disick. It's sad for some and a relief for others who find the show way overhyped.

Keep Reading... Show less

Starbucks is known for its infamous coffee and espresso drinks, but they're definitely isn't enough love shown for the non-coffee drinks. Being a barista myself, I've come to try all of the following drinks. And let me tell you…they're amazing. So if you aren't a huge fan of coffee or if you're just sick of the same old same old, here are some new drinks to keep your inner white girl alive and thriving.

SEE MORE: Starbucks Has Chocolate-Covered Strawberry Cold Brew And OMG It Has Pink Foam

Keep Reading... Show less

What was usually buried at the bottom of my purse has now become a pocket essential — and I know I'm not alone in that.

It used to be something I'd use if I happened to be at a restaurant that ran out of soap in their bathroom, but now it's almost more essential to have on-hand at all times than my cell phone.

Keep Reading... Show less

The decision-makers of Yale's law students have invested in therapy dog sessions in order to reduce stress. In 2011, Yale Law Library had a sign-out sheet for their certified library dog. The 30-minute sessions were equipped with unconditional, stress-busting puppy love.

Law Librarian Blair Kauffman stated that the free, three-day pilot pet therapy program at Yale Law Library launched as "a positive addition to current services offered by the library."

Keep Reading... Show less

I have been working at Dunkin' Donuts for over two years, and during this time, I have progressed from regular crew member to crew coach, and finally, to shift leader. Among my great skills involving the job is my ability to deal with stressful situations, including awful customers. My boss has continuously pointed out the fact that I am able to handle these people with grace and kindness. She herself often finds that she gets snippy with rude customers, but somehow I am able to keep a straight face through these tough times.

Keep Reading... Show less
Facebook Comments