Envelope Budgeting

Budget Every Euro Before You Spend It

Envelope budgeting: the method that tells you exactly where your money goes. WonderMoney gives every euro a job before the month begins.

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Budgets
Housing1200 / €1500
Food320 / €400
Transport85 / €150
Total1605 / €2050

What Is Envelope Budgeting?

Envelope budgeting (also called zero-based budgeting) means allocating your entire income to categories before the month starts, until every euro is assigned. When a category runs out, you stop spending there, or consciously move money from another envelope. It is the most effective budgeting method because it forces intentional decisions about every euro.

How It Works in WonderMoney

1

Set your monthly budget

Allocate your income across categories: rent, groceries, transport, savings, entertainment. Every euro is assigned until the balance is zero.

2

Transactions import automatically

Your bank transactions sync daily via Open Banking. WonderMoney categorises them automatically and deducts from the right envelope.

3

Review and adjust

See which envelopes are on track and which are overspent. Move money between categories when plans change. It happens.

4

Learn from each month

After the month closes, see where you over- or under-budgeted. Each month you build a more accurate picture of how you actually spend.

March budget
Income€2,800.00
Assigned1,965
Left to assign835
Housing300 left
Groceries80 left
Transport65 left
Entertainment40 left
Savings0 left

Budgeting Features

Monthly envelope allocation with zero-based logic
Automatic transaction import via Open Banking
AI-assisted transaction categorisation
Category rollover: unused funds carry forward
Budget vs actual comparison by category
Household mode: budget together with a partner

Start Budgeting with Intention

Set up your first budget in 10 minutes. WonderMoney handles the transaction tracking automatically. Free 30-day trial.

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