A cash envelope is a physical envelope where you keep the money you plan to spend. It helps you stick to your budget and track how much you have left to spend in certain categories like groceries or entertainment. Full definition
While I like to «kick it old school» in a lot of ways with regards to managing my personal finances (ex: keeping track of our budget in Google sheets / Excel, cash envelope system, etc.), I do LOVE a lot of apps that help keep track of money and financial things. (stillbeingmolly.com)
I have tried all the «virtual envelope systems» and they work great to run the master budget (I use one for that), but for the most important impulse spending categories of week to week I have found that having actual cash envelopes for them is far far superior to using a «virtual» system. (thedigeratilife.com)
When they said players were getting cash envelopes handed out in the locker room after the game like it was Gatorade, I thought, «surely this is a joke.» (sbnation.com)