New Budgeting Idea

My husband and I have decided to try a new method for our monthly budgeting. Usually, we use our credit card for all of our purchases, and then just pay it off each month. I read about a cash only idea that we're trying this month. First, we made a budget for groceries, clothing, entertainment, and miscellaneous expenses for the month. I went to the bank and withdrew what we thought we would use. (My husband gets paid once a month, so we just took everything for the whole month.) I labeled some envelopes for the different categories and put all of the money in.

So far, I have really liked this method. I took out my $50 for my grocery trip last night, and planned to use no more than that. While I would always stay close to my budgeted amount when I used credit cards, it was not a big deal to me if I went over a little bit. Since I only had $50 in my pocket, I couldn't go over what I planned. Not only did this help me to stay on my target, but I found myself sticking very closely to the grocery list I made before leaving. I wanted to save what was in my pocket and only spend what I absolutely had to. After my trips to Winn Dixie, Kroger and CVS, my total was $42. (I even have $4.50 in CVS Extra Care Bucks to use next week!) I bought everything I needed and stayed under budget!!!

Has anyone tried this method? What do you think about it? Tell me how you budget!