Budget of the day

A different envelope breakdown every day. Today it is this one.

How to budget $5,500/month take-home as a couple A complete envelope budget for $5,500/month take-home as a couple: 11 envelopes with exact dollar amounts, including $1,375 for rent / housing and $990 toward savings.

On $5,500/month take-home as a couple, a workable envelope split is $1,375 for rent / housing, $990 to savings, and the rest divided across 9 more envelopes. Assign every dollar before the month starts.

Today's guide

What is a sinking fund and how is it different from savings? A sinking fund is money saved gradually for a specific expense you know is coming — car registration, holiday gifts, an annual ...

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