Does anyone use, or has anyone used the jar or envelope method of budgeting? (ie. putting a set amount into a 'food' 'gas' etc., jar every week or month)
Did/do you find it successful? Did you cheat, and just use debit or credit once the jar runs out?
I am desperate to cut down on our misc spending. We have a large amount of 'extra' or 'leftover' money every month, and we just end up spending it on nothing!
My loose plan is to try to stick to a budget and roll over any 'extra' money at the end of the month into our TFSA. I am hopeful that using the jar method might help, since we can see the money disappearing as we spend it.
Anybody have any advice / btdt / plans they use? If you do use the jars, what catagories do you use?