I haven't tried this but it looks great. I know the old school envelope system works for many people, but that is not very realistic in this day and age...so I can see how Mvelopes would be the modern day version of that system.

I have to give Mvelopes credit for helping me finally get a handle on my money. Once I got past the "I'm old enough to know how to do this" and on to the "But I'm not doing it!!!" truthful assessment of my finances, I was ready to go all the way back to my grandmother's way of handling money in the Depression. Back in the day, before ATM's and easy banking, people would cash their checks and sort the money into envelopes - one for the rent, one for the groceries, etc. And, when the envelope was empty... they either had to make a hard decision to do with out or to take money from another envelope. It sounded good, but in these days of electronic everything, I knew I'd never stick to just using cash.

Then I found Mvelopes... the only money management software I've ever tried that actually lets you budget the money on the FRONT end instead of just showing you in great detail how badly you blew your budget after the fact. It is an electronic version of the old fashioned envelopes system, you set up your Mvelopes (represented onscreen by little envelope icons) that represent how you want to spend your money before you spend it. Mvelopes works with your bank and credit cards to automatically import your transactions and keep up with your spending as it happens, so there is very little if any manual data entry.

In the 2 years that I've been using Mvelopes, I'm done far more than saved the 10% that they say they'll help you find - I've completely turned my finances around and feel in control of my money for the first time in my life. My budget has envelopes for things that would always take me by surprise before - birthdays, one time payments, etc. Now I'm ready.

And, I also have to add that the support staff at Mvelopes has been among the best I've ever experienced.

It's all well worth the small monthly fee - I know I've recouped that fee many times over thanks to this great program. I recommend it to everyone and have several friends who use it now, too.