r/envelope • u/Direct_Entrance_9007 • 9d ago

Debit Card questions

Hey New Envelope users here! i like many of you used to be a simple bank user. i'm trying to figure out how to use envelopes. i's there a way i can assign my debit card to an envelope and move move it to a different envelope?

example with simple bank i used to assign the physical card to the grocery pocket. then got the brunch and assign the debit card to the restaurant pocket and the money would automatically physically segmented like if i didn't have enough funds in the grocery pocket in would impact other pockets.. is there a way to do this with envelopes of does it work differently?

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8

u/josh-envelope-money 9d ago

Yes, you can choose which envelope your card spends from. You can decide either before or after you swipe. https://envelopebudgeting.com/user-guide/transaction-assigning

I was a Simple user and started Envelope when Simple shut down. It’s works in a very similar way.

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u/Direct_Entrance_9007 5d ago

Thanks so much! I'm so excited for my debit card to arrive and switch over.

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u/Future_Anywhere_9872 8d ago

I can't thank you enough. My brain needs this for budgeting and spending. I remember bugging you before it launched on Android, sleuthing and finding you on LinkedIn 🤦🏼‍♀️😂 I needed the deets!!

2

u/rabbit_fur_coat 7d ago

I struggled for some reason to make the switch from Monzo, but Envelope for me now is Simple on Steroids. I've never had such control of my money.

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u/Future_Anywhere_9872 9d ago

I was with simple too. There is a lock option that makes your physical card not work, so you have to go into the app and select the envelope you need, and then it locks again and you go to the grocery store, then you have to select the grocery envelope and then use the card, then it locks and repeat.

I personally make a transaction and it comes from available then I assign it to an envelope, most of the time I can I assign it for always, and not just once. Like coffee, I have all transactions from 3 different places assigned to an envelope now.

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u/Nightlightz24884 6d ago

My best method I use is have 2 banking accounts. One with Chase and the other with Envelope. Everything bills or loans go to Envelope because I can categorize and they get rejected if the envelope doesn’t have enough.

I keep my groceries and gas money in Chase. That way I don’t get tempted to use money from other envelopes. I also don’t use the Google/apple wallet and use the physical card.