Track spending, manage bills and savings goals with Mvelopes, a personal finance app using envelope budgeting to organize your finances.
Mvelopes is a personal finance and budgeting software that embraces the 'envelope budgeting' method to help users organize their finances, create budgets, track spending, pay bills, and work towards financial goals. The key feature of Mvelopes is its virtual envelope system that allows users to allocate money towards different expense categories like groceries, transportation, rent, etc. This mimics the cash envelope budgeting system of designating physical cash into separate envelopes labeled for different purposes.
Users can add income sources and expense items, create monthly budgets by assigning funds to envelopes, link bank/credit card accounts to automatically import and categorize transactions, track cash spending, schedule upcoming bills, build savings goals, and monitor their overall financial situation with reports and charts. Mvelopes aims to provide visibility into spending habits and progress made towards budgets and goals. It has mobile apps, extensive education resources on personal finance concepts, and a supportive community forum for users to interact.
With tools tailored to the digital age like automatic bank imports and mobile apps combined with the tried and tested envelope budgeting method, Mvelopes strives to be an all-in-one solution for taking control of finances, reducing debt, saving money, and achieving financial targets.
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