Dave Ramsey is America’s trusted voice on money and business. He’s authored seven national best-selling books: Financial Peace, More Than Enough, The Total Money Makeover, EntreLeadership, Dave Ramsey’s Complete Guide to Money, Smart Money Smart Kids, and The Legacy Journey. The Dave Ramsey Show is heard by more than 12 million listeners each week on more than 575 radio stations and digital outlets.
As a seasoned communicator and Ramsey Personality, Rachel Cruze has been speaking to groups as large as 10,000 for more than a decade. The daughter of Dave Ramsey, she joined Ramsey Solutions in 2010 and uses the knowledge and experiences from growing up in the Ramsey household to educate others on the proper way to handle their money wisely and stay out of debt. Rachel co-authored the #1 national best-selling book Smart Money Smart Kids with her dad. Her new book, Love Your Life, Not Theirs, releases October 2016.
A popular and dynamic speaker on the topics of personal finance, retirement and leadership, Chris Hogan helps people across the country develop successful strategies to manage their money in both their personal lives and businesses. He is the host of the Retire Inspired Podcast and the author of Retire Inspired: It's Not an Age; It's a Financial Number, a #1 national best seller. For more than a decade, Chris has served at Ramsey Solutions as a trusted financial coach and Ramsey Personality.
Chris Brown is a nationally syndicated radio talk show host, pastor and dynamic speaker carrying the message of stewardship and intentional living nationwide as a Ramsey Personality. Available on radio stations across the country, Chris Brown's True Stewardship provides biblical solutions and sound advice for questions on life and money. Prior to joining Ramsey Solutions in 2014, Chris spent seven years leading many to Christ while growing churches in North Carolina and Florida. Chris and his wife, Holly, live in Franklin, Tennessee, with their three children.
An inspiring and enthusiastic presenter, Christy Wright has spoken to groups of thousands at corporate events, women's conferences and some of the country's top universities. Christy is also a certified business coach whose direct and genuine presentations cover a range of topics from business and money management to personal development and goal setting.
At age 19, Anthony ONeal was deep in debt and short on hope with no direction of where his life was headed. But after hitting rock bottom, he turned his life around and committed to helping students find and pursue their passions. Since 2003, Anthony ONeal has helped thousands of students succeed with money in their work and personal lives. Now Anthony has joined Ramsey Solutions to spread this encouraging message to students nationwide as a Ramsey Personality.
I’ll show you how I put my own spin on the Dave Ramsey envelope system.
Ooo.. pick me, pick me!!! 🙂
I liked and shared. I would love to win a cute wallet to use with the clip system.
love the clip system!!!
I shared! 🙂
Were still learning as were in week 3 of FPU. We have found that with my hubby being 100% commision we definitely thrive with a envelope system. I like the clip idea though since I currently use ziploc baggies as my envelopes were pouring out change and falling all over in my purse.
liked and shared
I started doing this after your Instagram photo. So much easier and less bulky than envelopes!
Agree with the less bulky! Thanks for the vlogs Rachel.
YAY! That was fun… I also liked & shared via fb. I’m still trying to figure out how to make myself more excited about envelopes or clips… I LOVE the idea of having a running tally like the envelopes, but don’t want to have to deal with the envelopes. 😉 Either way, whatever you guys do is better than what I’ve been doing. Gotta get back on that cash system this month so I stop overspending. 🙂 thanks for being awesome!!
Love your system! Thanks for the chance. I liked on FB.
I like your clip system! My husband and I find another good method is using colored index cards in our wallets as dividers for each category. Since each category has a different color index card it’s quick and easy for us to find the right cash to pull from. I’m artsy so the added color makes keeping with our budget a little more fun too. 🙂 Thanks for this video!
liked and shared 🙂 love the envelope system
Liked and shared! Love this system.
Liked and shared on Facebook 🙂
Liked and tweeted 🙂
Love this system! And I really want a new wallet haven’t had one in years! Shared! Please find me lol!!!
Message me and I may be able to help you find a cute wallet for your giveaway.
Definitely liked and shared… when you posted the picture on Instagram last month, I sent you a picture of mine back! I am a newlywed and this has been such a blessing in our marriage so far… we refuse to be just one of the other thousands of couples who constantly fight over their finances! Because of our monthly budget and cash that we do together, we have avoided those volatile money disagreements. nnWould love to move away from having two wallets (a regular wallet and a coupon accordian wallet I use for my cash categories!) and upgrade to the clip system! Thanks for all your helpful advice and great videos, Rachel! And congratulations on your big news!
Thanks so much for all your vlogs 🙂 I did like, repost, and share on twitter and facebook. My husband just got out of the military and I work at a non-profit organization (which I LOVE), so money is a little tight… especially with a $1000 student loan payment monthly. Your vlogs, tips, tricks, and tutorials give me HOPE and I know that if my husband and I stick together and keep on doing our envelopment system and budget every single month, we will be FREE from the bondage of debt and all the nastiness that comes with it soon (our goal is before we buy a house/before we’re 30). So, THANK YOU!! 🙂
Tweeted and FB’d. Excited!!!
Love watching your videos! It’s nice to have someone in our age bracket that is so excited about saving money and genuinely wants to help!
Thank you for explaining, I also have switched to clips after seeing your instagram post. I used the colored clips and write on them with a sharpie for our different categories. I shared on facebook for all who are always asking what is that and how does it work. Thank you fof all your posts and video blogs.
Sharing!! and so glad you shared! I just love that walletu2026.!
Liked and shared! I appreciate all the great info you share with us!
Rachel, I was so bummed I couldn’t be at Cedar Creek Church when you were here in the Spring but I was kicking off FPU at our other campus 🙁 Quick Question: How do you account for things you purchase online? Like clothing (Jane.com), concert tickets, etc. I always get cash at the start of the week, but then I don’t put it back in the account once I buy online…
What has worked for our family in this situation is to just deduct it the next time I fill my envelopes. So if I buy pants online for $40, I put $40 less in my clothing envelope out of the next paycheck so everything balances in the end. It was too much of a pain for me to go by the bank to redeposit the money every time.
Thanks Lori. I thought about that or just making a separate checking account for “spending on personal”. what do you think about that? My husband checks our accounts so he would still see what’s going on (no secrets)….
Very helpful! Thank you! Would love a cute new wallet like yours, and of course some clips!! 🙂
I loved this! I think the clip system would be much easier for me, the envelope system has been good, but it can be clunky to carry it around. I also shared on facebook 🙂
Love, Love! Thank you! (Like AND shared on FB) nPS. LOVE the Tory Burch wallet! 🙂
Great way to simplify.
Awesome. While watching this I thought of a cool way to do the clips. You could use colored paper clips that way you could use blue for food, pink for personal, etc. Love this idea. Thanks.
Thanks for sharing but I do have one question….how does a man do a clip system? I would think the clips wouldn’t work in a man’s wallet. Just curious. Thanks.
Congratulation on your coming bundle of joy! Excited for you and Winston. God bless y’all!
Great concept for the minimalist.
I definitely need help managing my spending! I haven’t used a budget in years but this system looks simple and effective. Would definitely like to share with my son. If he has cash, he spends it. Think this solution (together with a budget) would help him to monitor/control his spending.Thanks for sharing:-)
Awesome! Love it! Thank you Rachel for all the great tips to keep me on target!
liked and shared!!
I was interested in seeing your clip system, after your mention of it in your vlog previously. Thank you so much–I’m going to give it a try! ! I shared your this on Facebook, too.
I clicked Like and Shared on my Facebook wall, I am not sure if Candians qualify but here is hoping, I could sure use the Envelope System as well as the Money Clip wallet 🙂 I really enoy your FB page along with your video clips.
So simple and helpful…love it!
I like the colored clips!
Being a teacher, I have tons of those clips, and I am a scrapbooker so I can make them look cute and stylish. I think the clip system would work better for me than the envelopes since I have a wallet that I just absolutely love, but the envelopes don’t fit in it. Thanks for sharing!
Love the clip/envelope system. My Dad taught us the envelope system back in the late 70’s/early 80’s as young adults. It really is a tried and true system! Thanks for sharing the video. Hope I win!….It would be nice to try again as an adult to test my budgeting/spending habits. 🙂
Oohhhhhhhh I love your clip system! Especially because you make it OK to only take cash out for specific clips (prob the same categories as me!). I prefer to leave the rest of my money in my account because I have all my bill payments set up). I so need you to choose me a wallet – I’m in New Zealand and we don’t have a great choice. Sadly, don’t have DR out here either ud83dude15 But love my US Facebook groups!
I love your clip system. I use it too.
great idea..using colored clips would help distinguish the different sections.
Shared on Twitter. Thanks for the opportunity to win. My wallet is coming apart and I could really use a new one. It looks like a new one won’t fit in our budget anytime soon. nThe clip system is awesome. My envelopes tear rather quickly.
I just love you and your family and the impact you have had on many. I feel like I’ve watched you grow up. Love your system but I sure am a fan of the envelopes, so much so that I created a wallet that is both functional and cute! It is amazing how many I’ve sold by people that were looking for the same kind of thing. Blessings to you and thanks for all you do! 🙂
Hubby and I are FINALLY implementing the Ramsey/Cruz budget system (AKA Monthly Cash Flow Plan). We had always been debt free (except for the house) — and then Sallie Mae moved in! (We were saving for college, but I (major breadwinner) had to suddenly retire on disability. The boys had LOTS of scholarships and grants, but 6 years of private college put us in the hole. Then Hubby’s school closed and he was unemployed for more than a year. We’re getting super-intentional about killing the $25K left, then tackling the mortgage! JESUS is King, but cash is good thing!
awesome idea…i do have issues with the envelopes taking up too much room, this clip system could work for me! Thanks for sharing Rachel, I will share this on my FB page for you.n
Liked and shared on Facebook (originally 4 times on accident because I was so excited!!!) I love love love the clip idea especially since you can use the cute wallet!!! I have been searching for the perfect wallet for my clip system (mine is way too crammed right now) Hoping I win the cute wallet!
Simple, smart and perfect for those that don’t want the extra ‘wallet’ to carry! Please keep sharing these practical, everyday tips!! Thanks!
I would just love to use the envelope/clip system but I was wondering what do you do with the change and how do you account for it? My main problem is that here in Germany the smallest bill is 5 Euros, so eventually I would most likely end up with a lot of loose change. Envelopes are just getting way too bulky, I tried already. Any tipps? I was thinking of using an app but I’d rather see at a glance what I have in each category.
Love your enthusiasm and down to earth encouragement style! Thanks for sharing your clip system!
I really enjoy your videos and also your input in smartmoneysmartkids. We get to see you live in seattle next week. Looking forward to it!
Hi Rachel, I though this tip would help a lot of your readers. I have been using the clip system for years and found these ideas to work best. #1 Buy a wallet with at least to separate sections to fit all your bills faced flat. #2 Purchase clips in different colors, like blue, green, red and yellow. Each category should have a different color. For example I use blue for groceries, green for gas and red for eating out. It’s that simple! Hope this helps.
I like this. Great idea! Thank you!
Can’t wait to see who won! Love the vlogs!
I put labels on my clips! Best thing ever:-) https://uploads.disquscdn.com/images/475fcfdd2b5df1ddeb8f8a71888f0b5c846c30432c0caf329566bb9fea009c3d.jpg