Signed, sealed and delivered

The cash envelope budget… without cash & retro unemployment benefits [The Penny Hoarder] DAILY DAILY September 17, 2020 [Alternate text] [The Motley Fool]( Hey Penny Hoarders, Don’t mind us, we’re just watching the trailer for the second season of “The Mandalorian” for the 18th time — hey, you try resisting the adorableness of The Child (aka Baby Yoda). The new season doesn’t launch on Disney+ until Oct. 30, but at this point, we need something to look forward to that won’t be postponed or canceled due to…. we don’t know, take your pick. For now, we’re talking about building a capsule wardrobe (and what the heck one is), when you’ll see that boost in unemployment benefits you were promised and why you may want to reconsider trusting a duck. [Budgeting]( How to Hack the Cash Envelope System to Forgo Using Cash Existential question here: Can you use the cash envelope budgeting system if you don’t use cash? Whoa. Deep stuff there. Seriously, the method is designed to prevent you from going over budget by making you stick to cash payments. You create envelopes for each expense, then restrict your spending to the cash you added to the envelope. Once the cash is gone, you can’t spend anymore that month. But what if you’ve been ordering everything online lately? And what if the thought of bills and coins passing through dozens of different hands makes you cringe? No worries — you can still benefit from using the cash envelope system without touching any cash. Whether it’s using an app that offers the same budgeting method or creating virtual “envelopes” to hold your digital dough, here are four ways to transition to a cashless version of envelope budgeting. [Read Now]( Where’s My Money? For the vast majority of states, the Lost Wages Assistance program — designed to boost jobless benefits — ended before the enhanced payments reached any wallets. But if you’re eligible, you’ll still receive the money, just not on a week-by-week basis like your typical unemployment benefit. [Here’s what to expect instead](. [Save Money]( [How to Live Like a Minimalist and Build Your Own Capsule Wardrobe]( by Grace Schweizer Ruffling a Few Feathers The Aflac duck is cute and all, but do you really need supplemental insurance? Also known as secondary insurance, it’s a policy that helps pay for out-of-pocket expenses your health insurance does not cover. The plan pays you directly, which might come in handy if your illness or injury puts you out of work. [Here’s what you need to consider before signing anything](. [Alternate text] [The Motley Fool]( Not the First Time (and It Won’t Be the Last) If you knew of a company with a product that was helping doctors diagnose patients, teachers teach students, lawyers mediate cases, fitness instructors help clients stay fit and active, therapists treat patients, family members stay connected — and so much more — you’d probably consider putting that company in your investment portfolio, right? Here’s the thing: This year, long-distance communication has become more important than ever before. Businesses (and now schools) everywhere are reliant on the ability to stay connected virtually — and we’re preeeeetty sure that need isn’t going away anytime soon. And that’s exactly why the folks over at [The Motley Fool]( have zeroed in on their latest stock pick. The company they’ve identified was already growing fast (even before 2020 ensured a huge chunk of the workforce would be working from home indefinitely) — but now, as the bulk of communication has been moved online, things are looking bright for this particular tech company. This latest pick is currently one of The Motley Fool’s top “buy” recommendations. (Past picks that have topped this list are Netflix and Amazon, so… you see what we’re getting at.) So no, this isn’t the first time The Motley Fool’s team has identified a promising up-and-coming investment opportunity — and we know it won’t be the last. In fact, every month, The Motley Fool Stock Advisor service releases [a rundown of its top stock picks for individual investors](. But they don’t just hand you a list of stocks and send you on your way. Instead, a Stock Advisor subscription will also provide you with the tools you need to generate real, lasting wealth. So if you’re ready to learn more about this new “buy now” recommendation — and start building up your portfolio with stocks you can hold for potentially huge gains — sign up for The Motley Fool’s monthly Stock Advisor service today. [Sign Up]( SPONSORED Today's Quick Picks - Looking for some smart money advice to keep you inspired and on track? Here are [six secrets from women who have fixed credit, paid off debt and made fortunes](. - You did it — you saved $1,000 in case of emergency. Congratulations! Now what? If you’re wondering where to go from here, [we have some ideas](. Follow us on: [Facebook]( [Instagram]( [Twitter]( [Pinterest]( [YouTube]( [SHARE WITH A FRIEND](mailto:?subject=Check out this newsletter from The Penny Hoarder&body=Hey!%0D%0A%0D%0AI've been reading The Penny Hoarder newsletters and thought you'd be interested too.%0D%0A%0D%0AI get smart tips and strategies for making and managing money delivered straight to my inbox. Let The Penny Hoarder help you re-prioritize and improve your finances. Click here to see the newsletter I just read!%0D%0A%0D%0Ahttps%3A%2F%2Flinks.thepennyhoarder.com%2Fe%2Fevib%3F_t%3D23a8fe520b1043d0ac0c91a3ebd443bb%26amp%3B_m%3D7a8e0603221d43f587a8662ef56e0b6b%26amp%3B_e%3Do52Uf2x6iGhwm0dVNbhtbSQYFlNUAGaA4Nxewxkwph6PmEviSa2QTDUZQQ-tidQQrKwFdioKgMxJrOB8tcA9gmMDeOT_PVIeaRYyP0Ro7syioKzdMethQIC2hAew-41y%0D%0A%0D%0A%0D%0AIf you like what you see, sign up using the link below.%0D%0A%0D%0A [Image] The Penny Hoarder | 490 1st Ave S, Suite 800 | Saint Petersburg, Florida 33701 | United States [Update mailing preferences](. If you no longer wish to receive emails, [unsubscribe here](. Questions? View our [Privacy Policy](. [View this message in browser](.