EP 253-Credit Card Use DID NOT WORK---15 Years of the Envelope System Explained
Sun Feb 08 2026
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Early in their marriage, Dave and Stephanie took part in a local Dave Ramsey FPU class. After "graduating", they started using the cash envelope budgeting system. Fifteen years later, and some financially milestones met, they decided to switch to strictly credit cards, as long as they didn't carry any monthly debt. After 6-8 months of this system, they realized they weren't maximizing their financial lives. Tomorrow, they are back on the envelopes and they share why.
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Send us a text Early in their marriage, Dave and Stephanie took part in a local Dave Ramsey FPU class. After "graduating", they started using the cash envelope budgeting system. Fifteen years later, and some financially milestones met, they decided to switch to strictly credit cards, as long as they didn't carry any monthly debt. After 6-8 months of this system, they realized they weren't maximizing their financial lives. Tomorrow, they are back on the envelopes and they share why. Be a guest on the show: https://www.financiallyindependentteachers.com/contact-8 Check out our website: https://www.financiallyindependentteachers.com/ Sign up for FIT coaching: https://www.financiallyindependentteachers.com/services-4