Asked • 04/11/19

How to use a cash budget and buy items online?

Using a cash budget, say we save $100 for household items. Typically, we would withdraw $100 from the ATM, put it in an envelope, and then later, go to home depot or walmart or wherever and buy an item for $20. Now I want to buy one item from Amazon.com (or anywhere online). What is the best way to handle this? Do I go re-deposit the cash? Do I leave money in my bank account in case I need to buy something online? I'm looking for strategies to track that $100 and be able to buy items online.

1 Expert Answer

By:

Jennifer C. answered • 04/21/19

Tutor
4.9 (16)

Accounting, Taxes & Business

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