FAQ: How to use the “Sweep” Envelope to Build Savings or Pay Down Debt

Update

EEBA is now Goodbudget! Goodbudget has all the great features of EEBA (and more!) in a new and updated interface. Check out the Goodbudget Help Center for the most recent help content.

Q: What is the “sweep” Envelope? How can I use it?

The “sweep” Envelope is like your own personal penny jar. When you record an income with the “Specify” option, EEBA will ask how much money was received and how you’d like to fund your Envelopes. Often, the amount of money you receive will be different from how much it will take to fund your Envelopes. This means that EEBA will have a little extra –or be left a little short– when funding your Envelopes. This leftover bit is sent –or taken if you’re short– to the “sweep” Envelope.

(Note, if you’re wondering how to fund your Envelopes with “Specify” without using a sweep, click here.)

For example, here we see a user recording their income of 1600.

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FAQ: How do I change which credit card is billed for my subscription?

Update

EEBA is now Goodbudget! Goodbudget has all the great features of EEBA (and more!) in a new and updated interface. Check out our updated article on this topic, and check out the Goodbudget Help Center for the most recent help content.

Q: How do I change which credit card is billed for my subscription?

To change which credit card is billed for your subscription, simply cancel your current subscription and create a new one with the new credit card. You can do this any time you need to change any of your billing information.

Your current subscription will continue for as long as you’ve paid for, after which your new subscription will begin — we won’t double-charge you. You won’t lose any time with your current subscription, or any data you’ve entered into EEBA.

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FAQ: What’s that line on my Envelope bar?

Update

EEBA is now Goodbudget! Goodbudget has all the great features of EEBA (and more!) in a new and updated interface. Check out our updated article on this topic, and check out the Goodbudget Help Center for the most recent help content.

What is that? And how can it help me keep a budget?

On Android and iPhone, your Envelopes are represented by a green bar with a line that crosses through it. The green bar represents the funds you have left in each Envelope. When the Envelope is full, the bar will be fully green. As you spend out of the Envelope, the green bar will decrease to the left.

The line represents where you would be if you were “on budget.” For example, the Eating Out Envelope above has a budget of $120, and is five days into a monthly budgeting period. Assuming there are 30 days this month, that budget of $120 works out to about $4 a day (120/30 = 4). So, five days into the month the line would show where the green bar would be if you spent exactly $20 (4 x 5 = 20).

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When Budget Meets Reality

This coming new year, one of my resolutions will be to eat out less. Living in San Francisco it’s hard not to be affected by the “slow food” culture at work here, but for me eating out less isn’t about saving the environment or making sure that animals are treated fairly. I just miss cooking.

I spent my college years in Southern California which among its many benefits can also boast to be the home of “Henry’s” a grocery chain that prides itself on sourcing its produce from local growers. If you’ve ever been to a Henry’s, you know it’s something special. Ripe local produce, bountiful grains, delicious snacks, I fell in love with food and cooking because of Henry’s.

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EEBA turns two!

EEBA is now Goodbudget! You can find the most up-to-date information about using Goodbudget on our Help Center. On November 5th, 2009, little EEBA made her way into the Android Market. A wee babe of an app, EEBA 1.0 lacked many of the features we’ve come to love about EEBA. You could set Envelopes, record … Read more

EEBA gets some help!

Update EEBA is now Goodbudget! Goodbudget has all the great features of EEBA (and more!) in a new and updated interface. Check out the Goodbudget Help Center for the most recent help content.   Here at EEBA headquarters, we’re fond of saying that You can keep a budget, EEBA can help.  We say that because … Read more