Monday, March 25, 2013

EEBA

Have you ever wanted to use the cash envelope budgeting method but 
 still wanted to cling to the modern, electronic world?




It's the electronic version for cash budgeting.  It's free online and has a free app for your Android or iPad

It's pretty cool!  

Here's how it works:
 
  • You create a household user name and password. 
 
  • EEBA allows you to create up to 10 envelopes of cash for specific categories like groceries, gas, Before & Afters, etc.  

  • You fill the envelopes with their allotted budgeted amount and specif where you received the funds from.  

  • Then, when you spend at the store, you enter the amount (on your smartphone or online at home) and EEBA tracks how much you've spent and calculates how much you have left for the month (or other time period you designate).

  • Once your envelope is empty, you know to stop spending.

 

It's that simple!  

You can sign up to pay a small fee for upgraded features such as additional envelopes, tech support, track your bank accounts, and scheduling.  

For most basic households, the free version will work just fine. 

I hope this tool helps you stay within your budget and Get your Finances All Together.

If you've used EEBA before, please share your comments.  I'd love to hear from you!




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