Have you heard of the envelope system for finances? It seems to be a pretty good plan, but the idea of hauling around envelopes isn't too appealing. I imagine they would start falling apart instantly upon being thrown into my bag. And what about change? I'd be scrounging for it at the bottom of my purse along with sticky peppermints and thread.
Being on an oilcloth kick lately, it seemed perfect to whip up a better type of system since the oilcloth is sturdy, but sewable, and doesn't fray so I don't need to do lots of hemming/seams (Of course, you can substitute laminated cotton or vinyl for oilcloth). I came up with this ditty and thought I'd share it for a meager sum for all you thrifty types.
Six separate pockets with zippers hold your money allotted for each spending area along with any change or receipts.
The inside holds your driver's license, library card, bank card, etc. Note each zippered pocket has a vinyl window for assigning your categories.
A larger pocket in back for whatevs. I got the checkbook in here, but a notepad, shopping list, etc. can go here.
This makes a great gift for newlyweds, young adults moving out, and anybody else who likes to keep track of spending and coupon cohorts.
************************** The envelope system is a very basic - but effective - approach to budgeting. To employ the system you divide your income into various spending categories, and then create and fund an envelope for each one. You then spend out of the appropriate envelopes until the money is gone.
************************* Hey! Do you want to make these to sell? Well, go right ahead. All you have to do is purchase the pattern and you're set. I don't require anything else. A shout out would be nice, but it's not necessary :)
Clever, cute, functional, affordable--full marks!! May 9, 2013
So I found this pattern right after hubs and I decided to try out the cash system to try and stop the massive hemorrhaging of our bank account. Synchronicity, right? I only had laminated cotton and vinyl on hand, and loads of mismatched zippers, so that's what I used. I like how it turned out. I didn't do a lot of the inside details, just one pocket for my budget spreadsheet. I really like how it turned out, and it's dang ole useful. The only advice I have for this project is ...
So I found this pattern right after hubs and I decided to try out the cash system to try and stop the massive hemorrhaging of our bank account. Synchronicity, right? I only had laminated cotton and vinyl on hand, and loads of mismatched zippers, so that's what I used. I like how it turned out. I didn't do a lot of the inside details, just one pocket for my budget spreadsheet. I really like how it turned out, and it's dang ole useful. The only advice I have for this project is to mark the direction you'll open the wallet to make sure you're pockets are on the appropriate side. Mine is made for a lefty, so the hubs loves it, but it's upside down backwards for me. Overall, this is a brilliant pattern. I plan on making one for my sister in law too. Thank you for posting this one!!
Julie's Money Envelope System Wallet April 18, 2013
I really enjoyed making this wallet. It was my first time working with oil cloth and was pleasantly surprised at how easy it was to use. I finally pulled out my teflon foot! The finished wallet fits nicely in my smallest handbag, too! I had been using a mini-accordion-folder as money system, but this is WAY better! The zipper pouches keep my loonies & toonies where I can find them and it's super cute. I think this may be finding it's way under the tree this Christmas.
Fun and Useful December 7, 2012
It is a great little project. I think if you are not a pro at zippers this one would be tough.
love et!!! May 17, 2012
Creative and organizational! Really enjoyed making it. Hopefully i can develop some better habits/skills with this lovely wallet! Thanks walter&veronica! You guys are the best!!
A brilliant pattern! March 5, 2012
I whipped up the wallet in two days worth of spare time (two kids under 2.5 doesn't give me much spare time!) and I adore it. It works , it's funky to look at and complete strangers ask me all about it.
Hurry and make one!
Wonderful! February 22, 2012
This is so much better than what I had been using. In the directions, there is cardboard added at the end to make it a bit sturdier. If I make more, I would probably try cutting an extra outer shell and sandwiching a stabilizer between the two pieces of the oilcloth to make the outer before adding anything else on. Excellent pattern and I am loving it! Thank you!