Computer Software Reviews

Mvelopes is an online budgeting system, setup like the old fashioned way of placing money in designated envelopes, that were marked for each expense category that you had in your budget. As funds were needed from each category, the money was taken out of the respective envelope, and when it was empty, that was it. Mvelopes uses the same “virtual envelope” where you place funds into the envelope, and determine whether it is paid monthly, quarterly, semi-annually, or annually. These envelopes are linked to your various online accounts, and when the money is spent, the amount is reduced. If you overspend in a particular envelope, it shows up in red, which is done to keep you from overspending your budget.

The fact that Mvelopes online budgeting software  is an online service, it is very fast, and you can access your account from anywhere that you have computer access. Mvelopes is a subscription service, and has several plans available, from monthly to annually. In my opinion, Mvelopes does a much better job of managing your budget than Quicken or Money, and even has features to help you manage your investments as well. At the present time, they link to more than 10,000 financial institutions that will enable you to keep your balances current as well as reconcile your accounts.

The primary purpose of Mvlopes is to help you set up a budget and to live by it. Mvelopes knows that for some individuals, it can be a difficult process to set up a budget, and they provide a comprehensive tutorial to assist you. It also emphasizes debt reduction and not creating additional credit card bills, which can get a lot of individuals in serious trouble, especially now with the economy in chaos.

Mvelopes provides excellent tools that will balance your checking account, and also provides you with online bill paying. It really is a one stop application for creating a budget, keeping track of your spending, and also paying your bills. If you have a problem, you will find that Mvelope’s customer service is excellent. You won’t find that with the “big name” vendors on the web.

If you have decided to create a personal budget or want to keep detailed information on your current budget, you may be considering software to help you get the job done. You actually have three major choices – Mvelopes, Quicken, and Microsoft Money. After our review of all three, Mvelopes is our first choice and recommendation. We would recommend that you take the 30 day free trial for Mvelopes and see for yourself if it will do what you want and need. There is no software to download, no updates to be aware of, and no concern of your computer crashes and losing information. Take advantage of the 30 day Free trial of Mvelopes online budgeting software.