Mvelopes takes this same approach to budgeting, except that it’s done digitally on your phone and computer rather than with physical cash.Ĭhoose the financial goals that are most important to you, then add your bank accounts and set your income. So, if you budget $100 for gas for the week, you place that amount in a 'gas' envelope.
Once you’ve broken down your budget, you put that amount of cash into different envelopes. The traditional envelope budgeting system helps you stick to a budget by using envelopes to manage your money.
