Envelope Budgeting: What It Is and Why It’s So PopularEnvelope Budgeting: What It Is and Why It’s So PopularEnvelope Budgeting: What It Is and Why It’s So Popular 

Africa Studio / Shutterstock.comIf you’re new to budgeting, you may not need a complex system to track your finances. One of the most powerful steps you can take is just understanding where your money goes each month and where you can cut back. Envelope budgeting is a simple method that can help. By having you allocate cash into different categories — or envelopes — each month, this method creates more awareness and discipline…