
It uses the envelope method. But instead of carrying cash, it just keeps track of the money in your account and allocates it into virtual enevelopes. I've tried the cash envelope method...and it does work, except that usually I'm the one carrying the cash. So if Kyle needs to get something, it would mess up the envelope and I would have to spend time shifting the money around. Now Kyle can use his phone to check how much is in the "Dining" envelope and know how much he can spend eating out. Then he can update the envelope from his phone so I don't overspend.
You can set up one account and use ten envelopes for free or sign up for a monthly membership for $4 a month and get unlimited accounts and unlimited envelopes.
{I'm not selling or making money from this....I just thought I would pass along my new favorite thing.}

















