0463-07 eEnvelopes Glossary


                                                          - - - Rejoice in the Lord always ... again I say Rejoice !!! - - -

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           TO: Interested  Christians                                                                                                             FROM: Jim Bramer, Retired CPA
                                                                                                                                                                         FILE: 0463-07/env   

           RE: eEnvelopes Glossary                                                                                                             Originated in August 2004                  

Bank Accounts:

            Can be either a Checking or Savings Acct, or a combination thereof.

Buffer or Float -  "buy now and pay later"  Enabler

  The estimated amount of Credit Card charges available before monthly payment thereof without incurring any interest or fee charges. Or you use this Buffer amount to righteously "buy now and pay later" with no interest/fee costs. Please go to 4040 and read our June 2000 publication on the general topic of using Credit Cards as a tool. Please manage your affairs so you use Credit Cards as a blessing and not a tyrant.   This amount resides within applicable Envelopes For more info please Click Here


  A term used for placement of money to spend.  Please Click Here for application to Christian Adults as they use the QuickBooks Pro 2003 software only for this purpose.  The term now is either BuxBox or  Envelopes.

Direct Deposit

  Usually pertains to the process whereby the employer sends the employee's net pay check (or does this electronically) directly to the employee's checking account. The employee does NOT have to handle a piece of paper -- if done electronically, then neither handle a piece of paper, etc.


Such money that is NOT tied to a certain obligation


See "Virtual Check or Draft" below.


  Please Click Here for specifics, but this is a Spending Control System using virtual Envelopes that is designed primarily for the Christian family as they participate in Righteous Personal Finance ... please click here for a list of more details about Envelopes - Boxes.


FinFacts (FinFax)

  Periodic status of non Spending Control  resources or commitments -- they often appear as memo info. The purpose is to show info about how you are reducing old debt. It generally does not include Mortgage or Vehicle debt.  It might include status of promised Church financial commitment (Faith Promise/Pledge, etc) or applicable Retirement Assets etc  Please Click Here for an example.

Fiscal or Financial Report

  The periodic (usually weekly) report from the Spending Control system that especially provides the status of Envelope balances for Spending Control purposes.  It often includes Bank Balances and unpaid amount due the Credit Card Company.


See rewards below.

Plastic Cards

     A generic term used to identify Credit Cards, Department Store charge cards, prepaid cards and debit cards. A recent study of consumer payments indicate that more and more consumer spending is being done via credit/debit/prepaid cards and are used now for 53% of store purchases, while cash or checks are 47%. Plus the average household owns from 7 to 13 of such credit/debit/prepaid cards. Please go to Use of Plastic and read our June 2000 publication on the general topic of using Credit Cards as a tool.  Also Click Here for more info.


  An abbreviation of Q>uite V>irtual E>nvelopes (QVE) , or a term used prior to August 2004 to identify placement of money to spend.  The term now is Envelopes - Boxes as found within  Spending Controls.


  Many Credit Card Companies provide you with what some call Rewards and are something like Frequent Flyer miles as a result of buyers using their product.


An abbreviation for Righteous Personal Finance Click here for a list of the folder content.      


A means of setting aside (usually in a named Envelope) some money for a specific discretionary purpose.

Side A and Side 1 of the Dollar

  An attempt to portray the activity and status of personal financial transactions to the usual Christian and NOT use vocational terms unique to professional Bookkeepers and Accountants.  This is explained further when you Click Here

Spending Control

A pre-determined plan for wisely spending money that is regularly measured against what you have spent to date.

Spousal duties

An agreed division of the tasks between spouses related to handling of their money.  Click here for more info.


Some operational principles that pertain to Spending Controls and such matters.  Click here for details.

Web Based

  A computer system that functions via your browser and usually a fast Internet connection.  You do not place software on your desktop.  Please click here for more info.

Virtual Check or Draft (1)

  A means described within  0410  where you process an accounting transaction as if it were a check, but it does not reduce the bank balance until the future.  A Draft is a post-dated check, or virtual check, whereby the recipient has the document (Draft)  now but can not convert it to cash until the future date.

Whole Dollar

 In maintaining your financial records, you do not record any pennies. Click here for more info.


           Please Click Here for a list of Envelope - Box writings on www.bcidot.org.  Feel free to contact me at Jim@bcidot.org  if you have any comments or questions about any of these matters.  Remember -- It is my desire to encourage you in your Christian walk and to be "Your Servant for Jesus Sake:" Thank you.   II Corinthians 4:5B  This was updated last: June 04, 2010   

Phone: (559) 298-5507  --  Email Address:  Jim@bcidot.org
 Mailing Address:  2628 East Goshen Ave. - Fresno, CA 93720

               http://www.bcidot.org  links:   Spending Control HOME  | :  ABOUT  US   |    Spending Control  Purpose   |   SITEMAP   |   MFTeam HELPS