A Complete and Honest Review to help you choose the best Cash Envelope Wallet to Save Money
If you are looking for the best cash envelope wallet to master budgeting, then you are in the right place!
Personally, I love using cash. I love that it helps me feel more in control of my spending. Because of this, I love using the cash envelope system.
Back when I was looking for the best cash envelope system wallets, I did a ton of research to find something that was perfect for my needs. If you’re trying to find one that is both functional AND stylish, here are my top picks!
These cash system wallets will help you curb your overspending problems, save more money and help you achieve your financial goals, all whilst looking cute and fab!
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What is the Cash Envelope System?
Still not sure exactly what the cash envelope system is all about?
Well, the cash envelope system is a budgeting method made popular by Dave Ramsey, a US personal finance expert, best-selling author and radio host. To get started, you’ll need to label envelopes according to your budget categories, decide how much is to be spent on each category for the upcoming month, stuff them with this cash and then live off your envelopes for the rest of the month.
The ideas is that you can only use money from your ‘Food’ envelopes for grocery shopping and eating out, you can only use money from your ‘Transportation’ envelope for gas for your car and so on.
The benefit of using the cash envelope system is that having tangible cash in front of you prevents overspending as you can actually see your dollars turning into cents. As your envelopes run low, this signals to your brain that it’s time to control your spending.
This feeling is difficult to achieve when you’re using plastic for all your transactions, and so, using cash instead of cards can help curb overspending.
If you’re new to the cash envelope system and want more information, definitely check out this Comprehensive Guide to Starting a Cash Envelope System that Works.
Once you decide that the Cash Envelope System is the budget for you, getting a wallet that is compatible with this budgeting method might be a pretty good idea!
Having a wallet that keeps all your cash for various budget categories separate is both convenient and functional. But there are literally hundreds of cash envelope wallets on the market. So how do you choose?
Criteria when Selecting a Cash System Wallet
There are certain features which make one cash envelope wallet better than other.
Here are some of the things I look for when purchasing a cash system wallet. In my opinion, the best cash envelope wallets are:
Not too expensive – Seriously. Spending too much money to save money? No way!
Durable – I have no intention of purchasing another cash envelope wallet next six months.
Stylish – I love dressing up and being stylish (on a budget) so my cash envelope wallet must be fashionable too.
Functional – What is the point of purchasing an envelope system wallet if it doesn’t work well? This means that the wallet needs to have enough slots for all my budget categories (about 4-6), space for my cards, a coin pocket etc. I also prefer zippered/snap closure wallets as they will keep my money safe and intact.
Good Reviews – The best cash envelope wallets have a 4-5 stars rating. It’s always a good idea to see what other real customers have to say about the product you’re thinking about buying.
10 Best Cash Envelope Wallets to Curb Overspending
1. Savvycents Wallet
Personal Thoughts and Key Features of The Savvycents Wallet
It comes with a 24 slot card holder to hold all your store and reward cards to UP your money saving game and has 5 divided pockets. There is also room for your checkbook, credit cards (in case you need them) and a pen.
There are a wide variety of colors to choose from and it can be turned into a wristlet, making you the most money savvy AND fashion savvy girl on the block!
SavvyCents Cash Envelope Wallet
Pros
- Many beautiful colors & prints available
- Comes with labels
- Zippered to keep cash safe
- Has 5 divided pockets
- Roomy with space for other cards, checkbook, phone etc.
- Can be converted to a wristlet
Cons
- The faux leather option can flake after a while
2. Bella Taylor Cash System Wallet
Personal Thoughts and Key Features of The Bella Taylor Cash System Wallet
The Bella Taylor Cash System Wallet is zippered and has 8 envelope slots (with customizable label inserts), 6 slots for cards, 2 window ID slots, 2 pockets (one for your checkbook) and a pen loop.
This cash envelope wallet is both practical and fashionable. There are several colors and patterns to choose from, so you’re almost certain to get one that suits your style!
Bella Taylor Cash Envelope Wallet
Pros
- Many beautiful colors & prints available
- Comes with customizable labels
- Has 8 cash slots
- Roomy with space for other cards, checkbook, phone etc.
- Turnlock closure to keep cash safe
Cons
- Made out of cloth so can get dirty and be difficult to clean
3. Dave Ramsey Cash Envelope Wallet
Personal Thoughts and Key Features of The Dave Ramsey Cash Envelope Wallet
The Dave Ramsey Cash Envelope Wallet is perfect for anyone who wants to get started on the cash envelope system.
Well, he is the man that created the cash envelope system after all so I would imagine that he would cover everything needed for you for to succeed with it!
A great feature is that he provides the option of His & Hers Envelope Systems for any husband and wife who want to get on board the cash envelope system together!
His wallets include pages to track your spending and cash management envelopes. It’s also very affordable and is great for beginners!
He actually has several wallets to choose from, including a starter system and a deluxe system. However, the wallets are not very stylish and there are not a variety of patterns and colors to choose from.
Dave Ramsey Cash Envelope Wallet
Pros
- Has space for your checkbook
- Includes memo pad
- Comes with cash envelopes
- Budget-friendly
Cons
- Envelopes are paper so not durable
- Not very spacious so unable to hold a lot of cash & other items
- Not very stylish
4. Thirty One Cash Envelope Wallet – All about the Benjamins
Personal Thoughts and Key Features of The All about the Benjamins Thirty One Cash Envelope Wallet
The All about the Benjamins cash envelope wallet from Thirty One is spacious, convenient and stylish. It comes in many different prints and colors so there is something to suit everyone.
What I dislike about this wallet is that it doesn’t actually come with actual pockets for your various cash categories but because it is so spacious, you can easily stick labeled dividers in there to separate your cash.
It is still a top contender on this list of best cash cash envelope wallets, and I know many people who love this wallet for their cash envelope system.
All About the Benjamins from Thirty One Cash Envelope Wallet
Pros
- Spacious – Can hold cash, cards, change etc.
- Zippered to keep cash safe
- Can add on a wristlet strap
- Stylish
- Many beautiful colors & prints available
Cons
- Wrist strap must be bought separately (to convert into a wristlet)
- Card slots can be a bit tight
5. Expanded Horizons RFID Blocking 10 Divider Cash Envelope Wallet
Personal Thoughts and Key Features of The All about the Benjamins Thirty One Cash Envelope Wallet
TEN DIVIDERS! How awesome is that?! If you are someone with a long list of budget categories then the Expanded Horizons RFID Blocking 10 Divider Cash Envelope Wallet may be the best pick for you!
This cash envelope wallet is spacious and has lots of room for your cash, coupons and receipts! It also includes a holder for your checkbook, 2 ID slots and 4 card slots with hidden high-grade RFID-blocking material (which protects your cards against radio skimming threats)!
The wallet also comes with a refillable pen, and both pre-made and blank labels to make organizing your finances simple and fun.
Expanded Horizons RFID Blocking Cash Envelope Wallet
Pros
- Durable with genuine leather trim
- Includes 20 labels and a Refillable pen
- Spacious – Can hold checkbook, cards etc.
- Comes with RFID blocking technology
- Has 10 cash compartments
Cons
- Separator pouches are open at the bottom but still fully functional
6. Divvy Up Great Divide Wallet/Leather Wristlet with Magnetic Cash Envelopes
Personal Thoughts and Key Features of The Divvy Up Great Divide Cash Envelope Wallet
If you like a wallet with lots of space, the Divvy Up Great Divide Envelope Budget Wallet may be a great choice for you!
This cash envelope wallet has space for 12 cards, a zipper pouch, and extra storage pockets. It also comes with the magnetic cash budgeting envelopes (so you will not need to purchase these separately as is the case with the wristlet mentioned below).
However, if you do want to purchase any additional Divvy Up magnetic cash budgeting envelopes, the wallet has plenty of room to accommodate extras.
The magnetic cash budgeting envelopes come in different colors making it super simple to keep up with each budget category.
The envelopes are durable and have small magnetized closures to keep your money safe. The small disc magnets (which are built into the fabric) keep the envelopes in place in a neat and organized way.
Customizable labels are also included.
Alternative Option: The Divvy Up Leather Wristlet & Magnetic Cash Budgeting Envelopes
The Divvy Up Leather Wristlet combined with the Divvy Up Magnetic Cash Budgeting Envelopes is a common choice when looking for a great cash envelope system wallet.
The wristlet itself is cute and budget friendly (under $10) and can hold your phone, cash and other little items.
Note that, if you are looking for a wallet that holds many cards and one that has a ton of extra space, this may not be the best pick for you!
Divvy Up Great Divide Cash Envelope Wallet
Pros
- Spacious – Can hold cards & other items
- Budget categories can be customized
- Comes with 5 magnetic envelopes in different colors
- Durable
- Magnets keep envelopes stacked neatly
- Stylish & Classy
Cons
- Extra magnetic envelopes must be bought separately
7. Budget Keeper’s Tyvek Water-Resistant Cash Envelope Wallet
Personal Thoughts and Key Features of The Women’s Tyvek Cash Envelope Wallet
The Tyvek Water-Resistant Cash Envelope Wallet is both functional and budget friendly. It includes 4 slots for cards and several pockets for cash.
It comes with a detachable wrist strap so you can choose to use it as either a wallet or wristlet. It is made out of Ole’flex fabric which means that this cash envelope system wallet is water and stain-resistant.
4 Budget Keeper cash envelopes are also included (additional envelopes can be bought as well) – making this one sweet deal!
Tyvek Water Resistant Cash Envelope Wallet
Pros
- Water resistant and Stain resistant
- Wrist strap is detachable making this either a wristlet or wallet
- Comes with 4 Budget Keeper cash envelopes
- Cash Envelopes are tear resistant, water resistant and durable
- Includes 4 slots for your cards
- Budget friendly
Cons
- Made of Ole’flex fabric which can feel weird to touch
8. SOLIGT All-in-One Cash Envelopes Wallet
Personal Thoughts and Key Features of The SOLIGT All-in-One Cash Envelope Wallet
The budget envelopes are laminated and are of different patterns so that you can easily keep track of your budget categories.
The budget tracker sheets makes it easy to keep track of spending and take control of your finances.
All-in-One Cash Envelope Wallet
Pros
- Comes with 12 envelopes, 12 budget sheets & 1 binder note
- Spacious – plenty of room for cards, checkbook and other items
- Envelopes are laminated and come in different patterns
- Stylish
Cons
- Envelopes are deep so accessing your cash can take a few extra seconds
9. Magicfly Cash Envelope Wallet
Personal Thoughts and Key Features of The Magicfly Cash Envelope Wallet
The Magicfly Cash Envelope Wallet includes a stylish wallet, 12 cash envelopes (in pretty prints), 12 budget tables, 12 stickers and a binder.
It’s durable and comes with 8 card slots, 2 bill compartments and a zipper pocket on the inside. The envelopes are made of waterproof laminated paper, making them tear resistant and durable.
Also included are budget sheets and labels to help you keep track of your budget categories.
The wallet itself is very spacious and can even hold your phone, extra cards etc.
Magicfly Cash Envelope Wallet
Pros
- Stylish
- Has durable cash envelopes with pretty prints
- Spacious to accommodate cash
- Zippered to keep your cash safe
Cons
- May be too big & bulky to carry around
10. Rnairni Cash Envelope Wallet & Budget Planner Notebook
Personal Thoughts and Key Features of The Rnairni Cash Envelope Wallet & Budget Planner
This cash envelope wallet from Rnairni is beautifully made and is not only a wallet, but is also a mini budget book and organizer.
You’ll get a cash wallet, a wrist strap, a marker, a binder clip, 12 budget envelopes (in pretty prints), 12 budget sheets, 1 summary of the year sheet & quick start guide, 5 dividers, 14 sticker labels, a ruler, calendar, 14 monthly budget sheets, 54 weekly to-do sheets and 14 calendar sheets.
That is A LOT for your money! This is a great option for someone who doesn’t mind having a cash envelope wallet and budget planner in one.
A huge benefit of purchasing this bundle is that note paper and envelopes are also sold separately so you can refill and stock up anytime you wish.
The wallet itself comes with two visible card slots, an exterior pocket with a button snap closure (large enough to fit your phone) and lateral opening envelopes.
Rnairni Cash Envelope Wallet & Budget Planner
Pros
- Doubles as a budget planner
- Includes cash envelopes with pretty prints
- Includes pen
- Spacious
Cons
- May be too big & bulky to carry around
HEYYY!
Why not grab some of my FREE Cash Envelope Printables to add to the cash envelope wallet that you chose?
When should you Invest in a Cash System Wallet?
I am always careful when it comes to spending. I think twice, sleep on it and consider all my options. And it was no different when I was trying to decide on a cash envelope wallet. When is it worth spending money on an envelope system wallet?
Here is when I think it makes sense to invest in a cash system wallet:
- When you’re 100% certain you’re going to stick to budgeting using the cash envelope system
- If you want something cute and long lasting and DIY is not your forte
- If you know that this will help you save more money in the long run
- If this purchase will help you stay organized and motivated to take control of your finances
How to Make your Own Envelope System Wallet
If you’ve gone through the list above and you still haven’t fallen in love with any of those wallets, you might want to consider making your own cash envelope wallet. Whether you’re a DIY queen or not, this project is super simple and almost anyone can do it!
The best part of DIY is that you get to create the exact product that you envision!
Firstly, you’ll need to decide if you want to sew one or make one out of paper. I must remind you that paper envelopes wouldn’t last long but if you just want to try it as you get started, grab this free Printable Cash Envelope Template and have fun with the designing. (Or you can grab the Cash Envelope Printable Bundle from above that is already designed for you!)
Alternatively, turn your current wallet into a cash envelope wallet by using labeled dividers (grab these free printable dividers).
I used these exact templates together with a wristlet that I got as a Christmas present last year to create a DIY cash envelope wallet. It literally took me 5 minutes to make (see the pic below).
Decorate and laminate your printable dividers so that they last long OR grab this great deal on these pretty awesome dividers here.
Related Posts on Envelope System Wallets
How to Use the Cash Envelope System to Take Control of your Finances
How to Create an Easy Beginner Budget Plan in 7 Simple Steps
7 Best Budget Planners to get your Finances Organized
A Detailed Guide on What is Counter Credit
Final Thoughts on the best Cash Envelope Wallets
Once, you can afford it, I say go for it! A cash envelope system wallet can help you save SO MUCH money in the long run. If you have a problem with overspending, a cash envelope wallet might very well be the solution to all your money problems!
Do you use the cash envelope system? Have you owned a cash envelope wallet before? Do you have any favorites? Share with us in the comments below. I’d love to hear from you!
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