MVelopes: Is it Worth the Money?

MVelopes is a great product for the price if used correctly.

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As many are struggling in today’s market, they search for options to help  maintain finances. One of these products is MVelopes.  MVelopes is an on-line module that helps you sync all of your accounts into one place, maintaining each and every transaction you make. Payments options are a plenty, ranging from quarterly to annually. MVelopes helps make a spending plan by creating categorized funded envelopes. Options to move money as needed is available as well as transferring money from one account to another. MVelopes has a great bill pay feature, included in your price, saving you money.
MVelopes also has pay – per – session  money classes, teaching  how to best use  finances to save more money and to get out of debt. The classes are optional and reasonably priced.                                                                     MVelopes is a great product for the price if used correctly. For those who use the product, moving money to and from envelopes without ever sticking to their plan, it’s an expensive arcade game.  Mind you, not all banks are compatible and if your account is not, you must manually enter your transactions, but it is still  a good way to keep your checkbook balanced electronically and budget.  Mvelopes has a support team that  is phenomenal and help to solve any problem you may have as well.
Perhaps the financial sessions would be the best service for the price. Everyone could use more knowledge in how to spend their money and how to save it, and the sessions are not as long asa product such as “Financial Peace University”, a Dave Ramsey program. So the question remains, is MVelopes worth the money?  In a time where every penny counts, If you must use a module to control your finances, MVelopes is a good one; however, if you are not disciplined enough to follow the program, save your money and spend it elsewhere.

2 thoughts on “MVelopes: Is it Worth the Money?”

  1. I have been using Mvelopes for the past year and a half and really have loved it. It has helped us in many different ways, including understanding how to establish a family budget, and actually follow it. In the last 18 months we have been able to reverse our credit card debt by using the system and now we are on the way toward reversing our car debt.

    1. That is really great! It is a great module if used correctly. I have noticed some lack the discipline to stick to the envelope system, but if you use it correctly, it is well worth it.

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