Thursday, April 2, 2015

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EveryDollar - New Free Budgeting Tool by Dave Ramsey

Dave Ramsey has released a FREE budgeting tool, EveryDollar. Since I base my budget on his income allocation budgeting system and have blogged about that before, I thought I'd share a review of his new tool.

I must say I'm impressed with how easy it is to use and set up. My husband and I transferred our April budget over quickly and easily.

I like that it combines the budget and envelope system. Well not really the physical envelope system, but the general idea as it shows you how much you have left in each category at the click of a button.

The only thing I still had to use my notebook for was the savings breakdown. (I use my digital OneNote notebook instead of a physical notebook now.) Since we budget by the month it was fine and not a hassle.

I hope you'll try it out for yourself!

*Well I posted this without ever reading the help section on EveryDollar. I decided to check if it had an option for the savings account breakdown and IT DOES!
What is a Fund? explains the process to adding your savings goals to EveryDollar.

I'm off to try it out now!

1 comment:

  1. I love following Dave Ramsey. Learning how he he had released a budgeting tool to help me manage my finances was such a surprise. This is something I definitely want to look in to. Thalheimer & Company