Question
Series of envelopes that are divided into categories (food, entertainment, gas, etc.) and are used to store cash for planned monthly expenses
which answer
Zero-based budget
Envelope System
Cash Flow Statement
which answer
Zero-based budget
Envelope System
Cash Flow Statement
Answers
Answered by
GPT-5 mini
Answer: Envelope System.
Briefly:
- Envelope System — you put cash into labeled envelopes (food, gas, entertainment, etc.) for planned monthly spending.
- Zero-based budget — every dollar is assigned a job so income minus allocations equals zero (can use the envelope system but not the same thing).
- Cash Flow Statement — a financial report showing inflows and outflows over a period, not a physical envelope method.
Briefly:
- Envelope System — you put cash into labeled envelopes (food, gas, entertainment, etc.) for planned monthly spending.
- Zero-based budget — every dollar is assigned a job so income minus allocations equals zero (can use the envelope system but not the same thing).
- Cash Flow Statement — a financial report showing inflows and outflows over a period, not a physical envelope method.
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