Thank you @jemmoa7 for sharing the Envelope Budget Template.
For those who are unfamiliar with the Envelope Budget v. 2.0 template created by @richl in the Community, here’s a little context on why it might be a great choice for some:
It’s a really neat option, especially if you’re a big fan of the envelope budgeting method. (If you’re new to that, it’s basically a way to manage your spending by allocating specific amounts of cash (or digital funds in this case!) into different category “envelopes” each month or pay period. The goal is to only spend the money available in each specific envelope for its purpose – once the envelope is empty, the spending stops for that category until the next funding period!)
Here’s what makes this specific template stand out for that method:
- Deep Envelope Budgeting Focus: It’s built from the ground up for envelope budgeting fans.
- Funding & Goal Tracking: It includes customizable templates to fund your envelopes and has dedicated ways to track savings goals and your progress towards them. It even features a specific sheet just for tracking how your envelopes get filled.
- Future Planning: A cool feature is the ability to track not just the current month but also future balances, which is super helpful for planning ahead.
- Custom Views: Version 2.0 added the ability to build custom view templates, letting you quickly switch between different insights, like viewing by group or account.
- Reconciliation Help: It includes a balance comparison sheet designed to make reconciling your envelope balances with your actual bank balances easier.
This is a fantastic community-created template (huge props to @richl !) that works with the Tiller Foundation Template.
Thanks again for highlighting this option, sharing different approaches and templates is what makes this community rock!
-Alice
Tiller Evangelist