What Should You Do With Extra Money? Cash Envelope Budgeting Explained
What should you do when your budget actually leaves you with money left over?
On this episode of Cash and Coffee, Quinn Stahr and Emily Zimmerman continue the conversation about cash-envelope budgeting and explore what happens when you do not spend everything you budgeted.
Should you roll the money over to the next week? Move it to another category? Put it into savings or retirement? Or use it as a reward?
Quinn and Emily break down the different options and talk about why giving leftover money a purpose can help strengthen your financial habits. They also discuss the psychology behind…
The skinny
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