This is a short screen shot tour of the MyMvelope.com system that highlights how easy it is to track your savings.
Envelopes
You can create envelopes for every aspect of your saving. Envelopes can be seen as a sub-account of your bank account. Envelopes make it much easier to understand how your savings are split amongst the various things you need or hope to buy.
Creating an envelope
Each envelope can have an expected monthly allocation and maximum balance which, when coupled with auto allocation makes it much quicker to split your savings across your envelopes.
All envelopes in one view
The main envelope view gives you a snapshot view of all your envelopes, each of their balances and the total amount saved.
Allocating funds
Funds can be allocated using the auto allocate function which will split your funds across all your envelopes based on your expected allocation. You can also manually adjust how much is allocated to any envelope with a running total to make sure you don't allocate too much or too little.
Balances updated
After every allocation, the balances of each envelope are updated.
Ad-hoc transactions
Within each envelope you can add ad-hoc transactions like when you withdraw some of your savings to spend on that well deserved goal.
Easy switching
You can easily switch between envelopes. The focus is on ensuring you spend no more time using the system than you need to. Your saving should be easy and fun
Balances automatically adjusted
Just to show you that even after spending some of your savings, the balances are kept up to date.
