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GoodBudget – the envelope system without carrying so much cash

Goodbudget Budget Planner 1

We all want to save money or at least not be in the red at the end of the month. There are a million and one methods of saving but the envelope method is a fairly popular one. GoodBudget is the website and app that takes the popular method to the digital world.

The envelope method is fairly simple. You figure out how much money you need for something and put it in cash inside of an envelope. So if it costs you $150 in transportation every month, put that money in an envelope and only pay with gas or bus fare with it. Make envelopes for all the things in your life that eat at your budget. GoodBudget is a digital version of it.

Goodbudget Budget Planner 2

There are two platforms, free and paid. The free version allows you to sync with one other device so that everyone can be on the same page as purchases are made. It also stores your history for a year so you can see where money is being saved or lost. The paid version is $5 a month. GoodBudget has apps on both Android and Apple in addition to the website.

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