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What is envelope budgeting?

Budgeting envelope
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What is envelope budgeting?

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Traditionally, many people managed their money by dividing their cash into several paper envelopes: an envelope for food, entertainment, utilities etc. They would then withdraw cash from these paper envelopes to make purchases. They always knew how much money they had left, and how long it had to last. Mvelopes Personal is a breakthrough in budgeting and spending management that modernizes this proven envelope budgeting concept using innovative, cutting edge technology.

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