Most people who have a regular budgeting practice would tell their friends that their budget is much more than an Excel spreadsheet. Budgeting is a habit, a practice and a way to plan for the future. It also gives you the opportunity for growth.
It’s like a math-based meditation for many.
Okay, we’re admittedly biased (and maybe a little dramatic at times.) It’s possible that budgeting is just another chore for some people, but, regardless, there’s comfort in having a routine.
When Mvelopes, a digital envelope budgeting app, announced that they’d be shutting down their service on 12/29/22, we noticed users on social media, Reddit, and in the YNAB support queue seeking a solution that would support their budgeting needs with as little disruption as possible. And we get it. No one wants the friction of setting up a new system and learning a new process, especially when the change wasn’t their choice.
YNAB isn’t Mvelopes, however, it is an award-winning budgeting tool based on the envelope budgeting method, and we’re confident that you could create a cozy new space for your personal finances here.