Introduction to Budgetwise

Welcome to Budgetwise, the modern budgeting app that helps you take control of your finances using the proven envelope budgeting method.

What is Budgetwise?

Budgetwise is a personal finance management application built on the principles of envelope budgeting (also known as zero-based budgeting). Every dollar you earn gets assigned a job, helping you:

• Track spending across all your accounts
• Plan ahead with budget categories and goals
• Stay on track with real-time balance updates
• Understand your money with insightful reports

Key Concepts

Envelope Budgeting

The envelope method is simple: allocate your income to specific categories (envelopes) before you spend. When an envelope is empty, you stop spending in that category until next month.

Accounts vs. Categories

• Accounts represent where your money actually lives (checking, savings, credit cards)
• Categories represent what your money is for (rent, groceries, entertainment)

Ready to Assign

When you receive income, it goes into “Ready to Assign” - a holding area where you decide what each dollar should do.

Getting Started

Ready to start budgeting? Head to the Quick Start guide to set up your first budget.