Those days are gone and I keep better track of my money, but the method I use is like a digital version of how people budgeted their money a century ago. Envelopes. That’s right. Envelopes. Back in the days of cash, people used to budget their money but stuffing payments into envelopes. The Mac way is better.
The Digital Envelope Payment System
As a Mac user who finds anything by Intuit that’s named Quicken to be overly complex, complicated to a fault, and with a fear that Intuit will abandon Mac users (again), you’ll like envelopes.
Budget is the Mac app that takes a decidedly old fashioned approach to managing your money.
Instead of trying to keep accounts juggled, Budget assigns monthly payments to digital envelopes so you quickly see where the money is going.
Most of us have too much month left over at the end of our money and we need an easy way to balance the checkbook, manage a savings account, and get a quick look at where our hard earned dollars landed (if they didn’t land in our pockets).
Take a quick look at the Budget interface and compare it to any money management app you’ve ever used before. If Budget looks inviting, try it. If not, stick with Quicken or whatever.
Budget graphically displays how much money you have, what’s due, where it’s due, by using a highly visual digital envelope system.
The tools you use to manage your money are in the Toolbar across the top. Click to manage a checkbook, or charge card, or deposit money. Every account has a history and that’s a single click to view.
Budget manages checks, debits, deposits, charge cards, and more, and the envelopes can be used to track specific accounts, including income and payment sources.
What really sold me on Budget is the simplicity and the fact than my computing habits are changing. My Mac is for work. My iPad is for lounging at home. My iPhone is always in my pocket. And there’s a Budget version available for each Apple product so keeping track of what you spend has never been easier.
Don’t laugh at the envelope method. It works. It may be overly simplistic, but the idea is to track your money, reduce your debt, and understand where the money went (with apologies to Robert Palmer – ‘She’s so fine, there’s no telling where the money went‘).