Where did my EEBA go?

EEBA is now Goodbudget! You can find the most up-to-date information about using Goodbudget on our Help Center. [UPDATE 11/21/2013: See this post for an updated feature list and our plan for a slower transition to the new site. ] Dear faithful EEBA supporters, We’ve gotten an earful from you over the past four days … Read more

FAQ: How Can I Handle Multiple or Variable Incomes in EEBA?

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: I have multiple or variable incomes with expenses that are due throughout the month. How can I keep track of everything in EEBA?

Q: I have a monthly budgeting period, but I get paid bi-weekly, how can I manage my budget in EEBA?

Keeping track of a single, stable income can be hard enough. For those with more than one income, or an income that varies month to month, things can quickly get more complicated. You aren’t certain how much money you really have to spend, or which paycheck you should use to spend on which expenses. Thankfully, EEBA can help.

Working Towards a One Month Cushion

The ideal solution is to pool your income into Unallocated Money as a one month cushion for your budget. Then, use it fund your Envelopes all at once at the beginning of the month.

If that’s not an option for you yet, don’t worry! You can still use EEBA to manage your incomes and build up that one month cushion. Here’s how you can do it in 3 simple steps.

1. Make sure your budget makes sense

For many, building up a one month cushion is simply an issue of cash flow. For others a more serious change is needed. Check out our guide on creating a budget based off your income to know you’re starting off on the right foot.

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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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Auto-fill Payees, Unallocated Income, Scheduled Items, & Better Import

EEBA is now Goodbudget! You can find the most up-to-date information about using Goodbudget on our Help Center. We’re so excited to announce that EEBA supports new features on the web! Now you can schedule future transactions, and EEBA has made receiving multiple or irregular incomes easier. For all users, EEBA will: Automatically fill in … Read more