Goodbudget
Simplify budgeting with the envelope system across web, Android, and iPhone
About Goodbudget
Goodbudget is a home budget app that helps families and individuals manage finances using the proven envelope budgeting method. Sync your budget across devices, track spending, and align your financial goals with your values. Built on the philosophy that budgets reveal priorities, foster collaboration, and encourage generosity, Goodbudget turns abstract planning into actionable, real-life savings.
FAQ
Start by relaxing and choosing how you want to budget. You can base it on your past spending or your current income. Organize your spending into categories and create Envelopes with budgets in Goodbudget.
The 50-30-20 rule suggests allocating 50% of your after-tax income to needs, 30% to wants, and 20% to savings or debt reduction. This is a guideline and can be adjusted based on your personal circumstances.
Create Annual or Goal Envelopes for expenses that occur once or twice a year, such as Christmas gifts or car insurance. This helps you plan for these expenses throughout the year.
Yes, you can always come back and change your budget if the numbers don't work. Goodbudget allows you to adjust your Envelopes and budgets as needed.
After setting up your budget, you can fund your Envelopes by entering your expenses and allocating money to each Envelope. This helps you track your spending and stay within your budget.
Yes, you can email support@goodbudget.com if you're unable to find the answer to your question in the Help Center. There are also forums and other resources available for additional support.
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