Is overspending and impulse purchases one of your biggest weaknesses? How about setting up a simple budgeting system to keep yourself accountable? 

Sometimes, Grandma’s methods to save money works best. In the past, people used to keep cash in envelopes to keep track of their spending. In today’s culture, however, the rise of credit card lifestyles and e-wallets have made counting cash a thing of the past.

The envelope method of saving money can actually be replicated today by using an Excel spreadsheet or Numbers software in Mac. If you will like more features or convenience, there are probably some good personal finance apps out there that help you track your income and spending.

Here’re some rules to follow when setting up the envelope system to track your personal spending:

Budgeting Every Income & Paycheck 

While it may be hard to do this, schedule 1 hour on the …