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.
WonderMoney is free and open source.
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.
Your Finances, All in One Place
Join people who want a clearer view of their finances.
Free & open source
How It Works in WonderMoney
Set your monthly budget
Allocate your income across categories: rent, groceries, transport, savings, entertainment. Every euro is assigned until the balance is zero.
Transactions import automatically
Your bank transactions sync daily via Open Banking. WonderMoney categorises them automatically and deducts from the right envelope.
Review and adjust
See which envelopes are on track and which are overspent. Move money between categories when plans change. It happens.
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.
Budgeting Features
Related pages
Connect All Your Bank Accounts in One Place
WonderMoney connects to your bank accounts via Open Banking (PSD2). Transactions and balances sync automatically, no manual entry, no CSV downloads.
See how it worksTransactions Categorised Automatically
WonderMoney reads your bank transactions and assigns them to categories automatically. No manual tagging. And when it gets something wrong, correcting it takes one click.
See how it worksStart Budgeting with Intention
Set up your first budget and let WonderMoney handle transaction tracking automatically. Free and open source.
Free and open source. Use it here or host your own.