10 Stylish Cash Envelope Wallets to Help You Control Your Spending (2024)

Cash envelope wallets can help you stay organized and in style while you better manage your money. The cash envelope system can help you stay in budget, save more money, or pay off debt.

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I have compiled a list of some of the best, most-gushed about cash envelope wallets.

Many of these wallets you can buy on Amazon, while some are custom made on Etsy.

When should I invest in a cash envelope wallet?

If you have just been introduced to the cash envelope system, you don’t really know if it’s going to work for you. Don’t spend money on a wallet before you know you’ll stick with the system and actually use the wallet.

For at least a month, try the basically-free method of using standard white mailing envelopes (or any of the other cheap DIY cash envelope organizers). Label each envelope with a budget category, stuff them with cash, and put them in your purse. If you stick to this system for a month or more, and find that it is helping you curb your spending and stay within budget, then invest in a special cash envelope wallet.

Best Cash Envelope Wallets

1. Savvycents wallet

Hands-down the Savvycents wallet is one of the most recommended and highly praised cash envelope system wallets. This zippered wallet has an accordion folder with five dividers. It comes with pre-printed and blank labels to customize your envelope categories. It’s very affordable (at the time of this article it’s ~$30), durable, and comes inseven different colors/designs.

2. Bella Taylor Wallet

A close second in popularity is the highly recommendedBella Taylor wallet. I personally love the wide array of beautiful designs, the eight cash folders (technically ten if you count the other half of the wallet), and the cotton fabric. These wallets cost around $50.

Quick note: I heard a rumor that these wallets are being discountinued. If you can’t find it on Amazon, I suggest trying the BitLoom Co website. I hope the rumor isn’t true!

3. All About the Benjamins by Thirty One

This is new-ish onto the cash envelope wallet scene and quickly becoming a crowd favorite. The All About the Benjamins wallet comes in 7 colors (solid colors, no patterns). This wallet isn’t flashy and you can most likely find a color to match your purse. It has two big compartments where you can put your cash envelopes or cash dividers. At the time of this article, the wallets are $48/each.

4. Save Your Way Clutch by Thirty One

This 5-compartment, zippered wallet is absolutely perfect for the cash envelope system even though it’s commonly used to store and organize coupons. The Save Your Way Clutch by Thirty One currently comes in three different designs and only cost $30 at the time of this article! The wallet also perfectly fits the Save Your Way inserts which are which are absolutely perfect as cash envelopes since they also have a spending log on the back (with space for the date, description, cost, and balance for each purchase you buy) – I’m in love!

5. Thrifty Zippers

The Thrifty Zippers wallet has six zippered envelopes. It is a little bulky compared to other wallets but makes it very easy to access your cash and can easily handle any coin change. It currently comes in 7 different colors and designs and is available on Amazon.

6. Fossil Emma Large Zip

The Fossil Emma Large Zip wallet has two large compartments that can hold a lot of cash. This wallet is perfect for those using the “clip system” where you are holding your cash together with a binder or paper clip. This wallet comes in many designs (20+) and is very durable, but it’s on the more expensive side.

7. Great Divide Wallet by Divvy Up (and magnetic folders)

The Great Divide wallet by Divvy Up is specially designed for the cash envelope system. This wallet comes with five magnetic dividers that fit perfectly into the wallet, and you can purchase extra dividers if you have more than five budget categories.

8. Leather Clutch by Divvy Up

This leather clutchcomes in three colors and I just love it’s simplicity and it’s awesome price-tag ($19 at the time of this article). It is sized perfectly for the magnetic dividers, but you have to buy them separately from the clutch. You can find them here on Amazon (they come in many color sets). I just love this clutch!

9. Custom Cash Envelope Wallet (Etsy)

Thiscustom cash envelope wallet was made by a fellow Dave Ramsey fan. You can by this wallet for $50 on Etsy and it comes with 6 zippered fabric envelopes each with a vinyl tab to stick your category label. If you want different budget categories, the shop owner will create customized stickers for you. The shop is filled with different styles and fabrics (including a Mickey Mouse themed cash envelope wallet!).

10. The Divide-It Cash Envelope System Wallet (Etsy)

The Divide-It cash envelope system wallet is sold on Etsy for only $21.50 (at the time of this article) and comes with six blank tabbed category dividers. You can choose from a huge selection of fabric designs. This shop also sells custom labels for the dividers, spending logs that fit in the wallet, and coin and card pouches that fit inside the wallet; these are old sold separately from the wallet.

Cash envelope system wallets help you keep track of your cash

If you want to up your cash envelope system game and are tired of crinkled disorganized cash floating around in your purse, then invest in a cash envelope wallet.

Stay in style as you stick to your budget, save more money, or pay off debt.

What’s your favorite cash envelope wallet?

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10 Stylish Cash Envelope Wallets to Help You Control Your Spending (2024)

FAQs

What is the downside to cash envelope system? ›

You may also feel unsafe carrying cash, as it's harder to track it when it's lost or stolen. It can be cumbersome to get started: Getting all the envelopes ready and allocating money into categories can take some time to set it all up, especially if you haven't created a budget before.

What is the envelope system helpful for expenses like? ›

The idea is to split up your money according to how much you want to spend in each category—and then only let yourself spend until the cash in each envelope is gone. Envelope budgeting works best for variable expenses, like groceries and dining out, which change slightly every month depending on your spending habits.

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What is an example of a cash envelope budget? ›

For example, if you set aside $50 in an envelope marked “coffee,” and you buy a $5 latte at Starbucks, you'll take the money from the envelope. That leaves you with $45 left to spend on coffee for the month. You can refill your envelopes once a month or after you get your paycheck.

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What is the Dave Ramsey cash envelope system? ›

What Is Dave Ramsey's Envelope System? The envelope system is a way to force yourself to accurately budget discretionary expenses every month. It demands honesty, discipline and commitment, but the reward is that you gain control of your finances.

What is the 50 30 20 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

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What do you do with leftover money in cash envelopes? ›

Getting out of debt and managing your money wisely doesn't mean going hungry. If you do end up with a little left over in the food envelope, treat yourself to a nice dinner out, or buy something that's food-oriented. But it's okay to carry a few categories over from month to month.

Does cash stuffing really work? ›

Bottom line. Cash stuffing might appeal to consumers who prefer simplicity or have problems with impulse control. But the risk of having all that cash around — not to mention missing out on interest and card rewards — should make you think twice before labeling all those envelopes.

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What is the envelope budget trick? ›

To begin, a good rule to follow is the 50/30/20 method: 50% of funds go to needs, 30% wants and 20% to financial goals. Make an envelope for each category that applies: rent, utilities, phone bill, gas, groceries, emergency, savings and leisure. Put aside cash in each envelope corresponding to the amount used.

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What is the money stuffing method? ›

The basic premise of cash stuffing is that you set aside cash for different budgeting categories at the beginning of each month. The goal is to spend no more than that cash you've set aside for each category.

What are the four walls? ›

In a series of tweets, Ramsey suggested budgeting for food, utilities, shelter and transportation — in that specific order. “I call these budget categories the 'Four Walls. ' Focus on taking care of these FIRST, and in this specific order… especially if you're going through a tough financial season,” the tweet read.

What is the downside of the envelope system? ›

Disadvantages of Using the Cash Envelope System

You have to get cash out of your bank account. You have to juggle cash. You have to spend only what you have.

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How do you do the money envelope trick? ›

The 100-envelope challenge is pretty straightforward: You take 100 envelopes, number each of them and then save the corresponding dollar amount in each envelope. For instance, you put $1 in “Envelope 1,” $2 in “Envelope 2,” and so on. By the end of 100 days, you'll have saved $5,050.

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What is the pay yourself first method? ›

What is a 'pay yourself first' budget? The "pay yourself first" method has you put a portion of your paycheck into your savings, retirement, emergency or other goal-based savings accounts before you do anything else with it. After a month or two, you likely won't even notice this sum is "gone" from your budget.

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Why do building envelope systems fail? ›

Building envelopes can fail when materials don't achieve the published performance levels, often as a result of errors in the manufacturing, storing, or handling of the materials or components within the product. Contractors must inspect all building products before using to prevent envelope failure.

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What are the disadvantages of cash flow budgeting? ›

6 Major disadvantages of cash flow forecasting

Too much reliance on best estimates. ...
It doesn't account for unforeseen circ*mstances. ...
Dependency on limited and historical information. ...
Builds a false sense of financial security. ...
Too much faith in the probability of outcomes. ...
Lack of business goals.

Apr 23, 2023

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What are the disadvantages of the two envelope system? ›

Potential drawbacks of a two-envelope system may include a longer evaluation process, higher complexity, and the chance that bidders may find it more challenging or costly to prepare detailed technical proposals without assurance of winning based on cost considerations alone.

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