
You can create up to 10 regular envelopes.For various categories such as food, household, beauty, etc., GoodBudget uses virtual envelopes.
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GoodBudget uses software to replicate the envelope budgeting method digitally. This method is not only helpful in tracking your expenses but also allows you to plan your spending. You can then spend money out of a specific envelope. The cash envelope method is where you have a set of envelopes for various category needs, and you allocate cash to each envelope from your budget. GoodBudget, which was known previously as the Easy Envelope Budget Aid, is one of the best budgeting apps for couples who prefer using the cash envelope method of budgeting. Premium version costs $7 monthly or $60 annually. While couples love it for different reasons, the overall user experience makes it top of the best budgeting apps for couples. To have a clear image of how you use your money, you will need to input every expense you incur on the app. The EveryDollar app allows you to track your budget, so you can make the necessary adjustments and avoid spending more than your income. Every time you use money, you will create a transaction to account for it in the budget. To use the app, you need to input your expected monthly income and expenses. If you need extra help with your budgeting, the “Local Providers” feature allows you to find experts that can help you reach your goals in your local area. The premium version will also get you access to Ramsey’s Financial Peace University.
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