Whenever we talk about budgeting, we usually discuss separating out your expenses into different categories. However, this is usually a mental exercise. Physically separating that money into separate accounts, though, might make budgeting easier. Photo by David Goehring.
As personal finance blog Three Thrifty Guys explains in their 8-minute video course, using a two transaction account system allows you to keep one account constantly fed with the money you budget for fixed expenses. You can then use a second account for variable expenses and extra spending. The course has more details on how to set up a system like this at the source link below. The course is free, but the site will simply ask for an email address to share the video to.