Tuesday, May 7, 2013

Vacation {Budgeting} Planning Mini Sessions: Lesson 3

If you're new on the scene you can read lesson one here and lesson two here. Also, there's a fantastic giveaway going on here! Be sure to enter!

Now that you're prices are all assigned it is time to get serious. It's been all fun and games up until this point, but now, you're going to see just how much this little getaway is going to cost you. Let me tell you from experience this is going to overwhelm you. It does me every single time. Just remind yourself before you start that you aren't paying for this all at once. You're going to fill these envelopes a few dollars at a time. Literally.

Turn the page in your notebook for a moment. You've already made a calendar for your meals and activities. Now you need to add in the extras that your calendar doesn't show like fuel, emergency money and rainy day stuff. Then make a list of all of your family members.

I divide fuel into three separate envelopes for several reasons. First, a big lump sum can look like a bunch of "extra" money. Secondly, I only take one fuel envelope "out" with me at a time. I'll share more about how I carry my envelopes on vacation in another session.

After you've done this you will want to write in prices for those items. Do not write in an amount beside your family members' names. We'll talk about how to fill these for your family in our next session.

Now, take your calendar and add every single item (with a price) to your list. Warning: I generally have close to 50 lines on my list. You may freak out, but it will be alright.

You're ready to make your envelopes now! I purchase the small coin size envelopes in a box at Office Max. Some local office supply stores allow you to buy them individually. A box of them is pretty expensive. I do have some stamped envelopes available in my shop if you'd like for me to prepare them for you. I hand stamp mine now, but in the beginning I just wrote on them. Also, when I started I used the larger stationary size envelopes and a larger coupon organizer. I find that using the smaller envelopes works better for me.

Start by collecting an organizer and envelopes and start making your way down your list. I write the amount I need on the back of the envelope instead of the front, mainly because I am quirky.

After this is done I organize them into my coupon organizer by days of the week. I stick the fuel envelopes in their own slot, our family member envelopes in their own slots and our extras in another slot.

After all of the envelopes have been made, I am ready to start filling them. We'll talk in our next session about how I do that.

I guess I don't have to tell you what your homework is, right? You have a lot to do this time! Questions? Is anybody still out there reading this?

God is good, all the time!


  1. I'm reading! And learning! :) Thanks for sharing your "process"!

  2. I'm reading as well! It's so neat to learn how you guys vacation...I think that in the future when we have kids, this will be a wonderful way to save up! You're giving me new ideas every time!

    1. Oh, and I just wanted to let you know that I nominated you for the Liebster Award! You can read (and participate, only if you want to) about it here: http://bethbranstetter.blogspot.com/2013/05/liebster-award.html

  3. Reading! Don't stop. Just a little behind on my homework. Must catch up quickly.

  4. love how organized you are. oh and i love that you have a doughnut budget.

  5. I'm trying to get myself in the state of mind to actually make my list. Law.


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