Hi everyone, welcome back to Sugar Mama TV. Now this video is a bit of a follow on from my budgeting video and this is an idea I actually got from one of my clients and it's an envelope system which helps you keep your spending in check. Now when you watched my budgeting video you would have seen, you would have seen me enter in all my living expenses and whether you get paid monthly or fortnightly, no two months or or fortnight are the same. You know there'll be some months where you have lots of expenses and there'll be some months where they're just like really cheap months and you don't have much money to spend and you actually got quite a bit of money left over. And I always talk about having a separate savings account to stockpile for those expensive months. So my client told me about this idea that she uses and it sounded really interesting so I had to go using it myself and I have to say it's really helped making managing my cash flow so much easier. Now the idea is for your expenses that aren't for every month, for example, I get my hair done every eight weeks so what I do is I grab an envelope and I write hair, I write the total cost of how much it costs to see my hairdresser and then each month I put the required amount of money in it. So for example, say my hair cost $200 to be done. Each month I put in $100 into the envelope and I just have my hair done the other day so there's nothing in there but when it comes to seeing my hairdresser I have the cash ready to give her straightaway and it's great because I just pop it in my handbag before I see her going get my hair done. She does a fantastic job. I give her her cash and I feel really good because I haven't put it on a credit card. I haven't even used my debit card at paid for it in cash so it's a really conscious transaction. Now I also do the same with things like facials. I don't get a facial every month and sometimes I might get a more extensive or lavish facial than I would normally get. So again I stockpile in a separate envelope and I've marked it facials and I add money to this and you can see I've already started adding cash so that I'm ready for my next facial. You can also do the same with the Christmas money. So for example if you know that you normally need say $2,000 to buy or your family and friends Christmas presents, same principle just grab an envelope. You can even get a whole range of colored envelopes if that helps you feel inspired and motivated and just write what the intention is for that expense and then each month you add in a set amount so that you know that when Christmas time comes around you've got that $2,000 or whatever the number might be ready and cash to pay for all those presents and you won't have that horrible feeling in January when you get your credit card bill and realize you've completely gone nuts overspending on everyone's presents. So I've been using it, I don't use it for all of my expenses, I use it for about five or six different expenses and it feels really good and also people love being paid in cash. So I just wanted to share that with everyone and maybe you can try it out, let me know if it works, let me know how helpful you find it is and I look forward to hearing back from you. Speak to you soon, ciao!