Budget Ease allows you to name your envelopes anything. Because of this, you can easily add an envelope for each person you buy gifts for and group them together in a Christmas group. You can easily see how much you spend per person and overall.
If you don’t have a Budget Ease account you will need to create one. On the Budget page, you need to add an envelope for each person. This is where you will create a new group for Christmas also if one is not created yet.
Now you need to set a budget for each person. This should be just the amount you would like to spend per person. If you leave this amount at $0 then every time you enter a transaction in the person’s envelope, the balance will go negative that amount. You will still be able to see how much you spend either way. If you start your Christmas shopping in September, you will need to check 4 months. It will divide the budgeted amount over a 4 month period.
Now if you have just created a new Budget Ease account make sure you activate your budget so you can start entering transactions. Also, register your phone on the profile page to easily add the transactions (purchases) to your envelope while on-the-go!
There are 3 ways to enter your transactions: manually from the home page by clicking the Add Transaction button, importing your bank transactions, or by texting.
Posted in: Envelopes