*** GIVEAWAY CLOSED***
Savvycents was first formed in January of 2009 after Melinda Claudpierre read a book about becoming debt-free and following the cash envelope system of budgeting.
Frustrated with paper envelopes and disorganization with her wallet, she wanted to create a wallet that would allow her to keep her cash in separate categories and also give quick access to her drivers license, coin holder and all of her discount cards and coupons. So she created the Savvycents Wallet which allows you to have all these thing in an attractive wallet!
The Savvycents Wallet is not only functional but also fashionable. It contains everything you need to organize your monthly or weekly budget using a cash system. With an accordion style file system inside the wallet you can separate money and coupons by categories.
The wallet also comes with file cards where you can label each category with pre-printed labels. There are also blank labels where you can customize your wallet based on your personal categories. You no longer have to carry envelopes to separate your money and deal with loose change in the envelopes. A coin pocket is located on the backside of the wallet. Plus, it also has 6 pockets for debit cards and store discount cards. On the opposite side there is a place for your driver’s license and a place for your checkbook.
I think this idea is brilliant and loved the idea as soon as I heard about it! However, when Melinda sent me one, I noticed one big flaw: there aren’t enough category slots. The five available in this wallet just don’t cut it for us since we actually actually have 12 different cash envelopes categories!
The more I thought about it, though, I realized that you could choose five of your most-used categories to keep in this wallet and that would likely work fairly well. Or, you could store the rest of your envelopes in the wallet and just pull them out as needed. We’re still deciding what might work best for us. For the time being, we have five of our envelopes in The Savvycents Wallet and the rest are still in our other cash envelope wallet system.
Another idea I had for using this wallet would be to use it as a coupon organizer of sorts. If you clip your coupons and put them in individual envelopes with your store lists, you could create a category slot for each store you regularly shop at and then keep your ECBs, Register Rewards and store coupons in the individual slot.
When you get ready to go shopping, you could stick the coupons you’re planning to use, along with the store list in each store’s slot and your grocery money and you’d be all set for a very organized shopping trip. I’m beginning to think that this is how I’ll settle on using it as it seems it would work really well for that.
Would you like to try out a Savvycents Wallet to see if it helps you stay more organized? I’m giving away 5 wallets this weekend to readers here. To enter to win one, just leave a comment on this post (click here to do so). Five winners will be randomly chosen and posted on Monday.
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