Mvelopes Personal Budgeting Software

Before I get started with this, let me offer you something right off the bat. We’re all frugal people here – so here’s a free eBook called Money For Life – Budgeting Success and Financial Fitness in Just 12 Weeks. Quick overview of budgeting, but for a beginner, it might be helpful.

I just wanted to make a mention of Mvelopes Personal Budgeting Software for those people who may not have heard of it. It is based on the envelope system of budgeting, where a certain amount of cash is set aside in an envelope. There is one envelope per category and once the money is gone – you’re done spending in that category until you can replenish it.

I think this is a very simple budgeting method that requires little time to set up and execute. The downside is that you may be tempted to “borrow” from another envelope which completely defeats the purpose.

Now, even easier, is the Mvelopes software. With just a couple of mouseclicks you can fund your different categories and see how much is left to spend. It easily downloads your information directly from your bank automatically. Best of all, it can be accessed from ANYWHERE – including your cell phone.

I’d highly recommend at least giving it a try with their FREE 30 day trial. Just cancel at the end of the 30 days and you’re done. Or continue using it if you really love it and it works for you.