People Spend 10% More Than They Make! You
probably know how much money you made last
month, but do you know how much money you
spent? Or do you know how much money you
have left to spend this month? If you don't
you're not alone, most people have no idea.
The fact is most of us spend 10% more
per month than we make. That comes out
to $431 per month based on the average American
income. No wonder the average credit card
debt is now at $8,500!
So why is it
so difficult to track your spending? Today we live in a near "cashless" society.
Using debit cards, credit cards, automatic deposits, and wire
transfers we rarely even see our money. It's easier than ever
to spend, spend, spend!
New Way To Manage Your Money
Traditionally, many people managed their money by dividing their
cash into several paper envelopes. An envelope for food, entertainment,
utilities etc. They then spent their money from these envelopes.
They always knew how much money they had left to spend, and how
long it had to last. Mvelopes Personal is a breakthrough in
budgeting and spending management that modernizes this same
envelope concept using advanced Internet technology for today's
nearly "cashless" spending world.
Reasons To Use Mvelopes Personal
Recover 10% of your income from hidden spending
By knowing where your money is going and setting up spending evelopes
beforehand, Mvelopes users have been able to save 10-20% of their income
each month. Mvelopes helps you eliminate hidden spending from all those
little purchase that add up to more than you think. With better tracking
and forecasting, you can recover that extra 10% each and every month.
Over the year that really adds up! If you make $40,000/year that's $4,000
dollars you could save and put to better use.
"I had no idea that I was spending $400 per month on gardening! Mvelopes
Personal has helped me save $350 per month and put it toward debt reduction."
Always know how much you have left to spend in every budget category
Quicken® and MS® Money
both use after-the-fact budget reconciliation. This means that you don't
know how much you have spent until it's too late. Quicken and Money simply
do not help you manage your spending or teach you how to effectively
use a budget. Mvelopes Personal provides you critical balance information
for each spending category at all times. You always know how much money
you have left to spend and how long it has to last, enabling you to make
informed spending decisions.
"I love Mvelopes Personal because it actually sets aside money for upcoming
periodic expenses. All the other "budgeting" programs we tried were
only good for tracking what we had already spent - not telling us how much was
left to spend from before we made a purchase."
Automatically track all your purchases
Mvelopes Personal, you get all your transactions
from all your accounts at once. Mvelopes simultaneously
retrieves all your checking, savings, and credit
card transactions from your financial institutions
at once. You decide which envelope budget category
to assign each transaction to, and you don’t
have to type in any of the information ! Getting
all this information automatically saves you time
and money. No other personal finance program can
"Before Mvelopes, we would discuss purchases but not know exactly where
the money would come from… Now I feel much more in control of our money
and not controlled by it."
Effectively manage credit card spending
Mvelopes Personal’s credit card spending tracker knows
every time you have used a credit card to make a purchase. It
sets aside money from
your spending envelopes into a credit card payment envelope. This enables
you to pay off your purchases in FULL each month. No more costly finance
charges and interest payments for you!
Quickly eliminate debt
People who use Mvelopes Personal have found that many of their spending
envelopes have money left over in them at the end of the month. By applying
this money to debt reduction they eliminate debt at a much faster rate,
often in less than half the time. Once one debt is paid in full, they
roll that amount over into the next debt and continue to pay them off
at an accelerated rate. You too can eliminate your consumer debt before
you know it using Mvelopes Personal.
"My wife and I have been using Mvelopes Personal for over 4 months and have
eliminated ALL of our consumer debt! It has saved us more than once from impulse
buys and unnecessary finance charges. Once you've used it, you'll wonder how
you ever lived without it."
Never miss a payment again
Personal includes a
bill pay service
, which helps you easily create
and manage payments online. You will never miss a payment
again. You’ll never have another late fee. Payments
can be made to ANY company or person - up to 20 per
month. Save more than $7.00 in postage alone, not to
mention the time you'll save. It’s so convenient
“I love online bill pay! It's so much easier and faster than writing out
all those checks and this way I never have to worry about whether or not I remembered
to write all the checks down in my registry. Paying bills takes me so much less
Anytime, anywhere online access The Mvelopes Personal
system is completely ONLINE. That means you can access your information
from anywhere, at anytime--all you need is an Internet connection.
This allows you to always make informed spending decisions and always
know exactly how much you have left to spend. It also means no software
to install or yearly upgrade fees.
“Each fall I like to buy a season pass for Alta Ski Resort. Since I’ve
started using Mvelopes, it is so much easier now to pay for it. Rather than having
to come up with the whole amount at once, I set a little aside each month. Then
when September rolls around, I already have the cash to pick up my pass. Now
I just have to wait for the snow!”
Try Mvelopes free for one month and see for yourself
You can try the Mvelopes Personal System FREE for one month.
tried the system, we know you will love it. There is absolutely no risk
or obligation! If you choose to continue using the Mvelopes Personal
system pay as little as $9.95 a month, and of course you may cancel at
any time, there are no contracts.
competitive cost comparison.
The Mvelopes Personal monthly service gives you:
Online Spending Management System
Instant access to your
spending plan and all of your financial information anytime,
anywhere. Everything you need to successfully manage your finances.
Retrieve all your
transactions from all your online financial institutions
and credit cards, at once.
Bill Pay Service
up to 20 payments/month including postage.
Portfolio Account Aggregation
. Track your investments,
mortgage, car loans, loyalty programs, e-mail accounts and more
- all in one summarized page view.
Coaching and Support
. Never pay to speak to a customer
support representative again, plus get free budget coaching.