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If you have used Quicken® or Microsoft® Money, ask yourself, are you any better off financially? Most people find they're not. In spite of all that these programs do, they do not solve the fundamental problem that keeps most people from achieving their financial goals - managing their spending. Quicken and Money use the traditional after-the-fact approach, basically a month-end reconciliation of budget to actual spending. With these programs, money is assigned to spending categories only after it has already been spent. You can then run reports in order to see where your money went so you can try better "next time." It's a reactive approach to budgeting, which simply does not work.
The key is not only looking back to see where your money went, but also looking ahead to plan where you want your money to go. Mvelopes Personal lets you set up a spending plan, dividing your money into spending categories – based on what you plan on doing with the money – as it is received as income. Mvelopes then gives you accurate, up-to-date information for each spending category, showing actual funds available. You always have the information you need at your fingertips to make informed spending decisions and proactively manage your money, giving you real control over your spending and the peace of mind that comes with it.
With Mvelopes Personal you can access your budget from anywhere, at anytime. With online and mobile access, all your spending information is always at your fingertips. You can view and manage your spending plan from home, work, the mall, the grocery store, or across the country. With anywhere, anytime access, it doesn't matter where you are!
Yes. Mvelopes Personal is completely online and uses a platform that runs on the Adobe Flash Player (which can be downloaded for free from Adobe.com), so it runs seamlessly on most browsers on either a Mac or a PC.
Mvelopes Personal uses Secure Socket Layer (SSL) encryption technology to protect your sensitive information during transmission, just like online banks and trading firms, providing the highest level of security available today. A secure username and password are required to log in and users are automatically logged off after a period of inactivity. Data is stored on firewall-protected web servers, which are monitored for reliability 24 hours a day, seven days a week. Mvelopes also undergoes regular third party data security audits to ensure that your personal information always remains safe and secure. See our Security Policy for more information.
Mvelopes Personal supports 14465 financial institutions so that you can get real-time account information at anytime. You can link as many accounts as you want, so you can see all your account balances and view all your transactions – expenses or deposits – all from one place. To see if your bank or credit card company is supported, click here.
Traditionally, many people managed their money by dividing their cash into several paper envelopes: an envelope for food, entertainment, utilities etc. They would then withdraw cash from these paper envelopes to make purchases. They always knew how much money they had left, and how long it had to last. Mvelopes Personal is a breakthrough in budgeting and spending management that modernizes this proven envelope budgeting concept using innovative, cutting edge technology.
Mvelopes Personal has many features that are simply not available in any other personal finance system. Features like anytime, anywhere online and mobile access, automatic transaction retrieval from 14465 supported institutions, and many other unique features that really make Mvelopes stand out. Click here to see a complete feature comparison.
Yes, Mvelopes Personal allows users to import your Quicken transaction data for easy archival and query purposes. You can run reports, and do payee searches on this data through the Reports function in Mvelopes. However, you cannot access this data within Mvelopes account and envelope registers since the data is handled differently.
Often there are many hidden costs to using these applications. Mvelopes Personal is a subscription service with a flat fee that is less than the cost for either Quicken or Money.
Compare Mvelopes Personal on a monthly basis to what you would pay for a competing program.
Mvelopes users have found that by closely managing their spending, they are able to eliminate overspending and even save extra money each month. In many cases, there will be money left in several of their discretionary envelopes at the end of the month. By sweeping those extra amounts into current debt payments, they quickly eliminate their debt. If they have more than one debt, when that first debt is paid in full, they roll that whole payment amount plus the extra into their next priority debt on the list and so on until all their debts are paid off. Once they are debt-free, they roll those former debt payments into savings and investments to provide a more financially stable future for themselves and their family.
Mvelopes includes a credit card management feature to help users avoid costly service fees and interest charges by properly managing credit card spending. With the way most budgeting programs track spending, it is all too easy to spend down your checking account, and run up a balance on your credit card – both accounts laying claim to the same money. However, in Mvelopes, when a user makes a purchase using a credit card, the transaction amount is removed from the spending envelope and placed into to a special envelope to pay off the credit card. When the bill comes, the amount due is sitting in this envelope so the bill can be paid in FULL each month – no more costly finance charges or interest payments!
In order to use Mvelopes Personal Mobile, you will need:
Mvelopes Mobile is a FREE service to all Mvelopes Personal Members. No additional registration is necessary. Simply enter the URL,
https://my.mvelopes.com/mpmobile/control/login?accessCode=D001001001 into your browser on your Internet-enabled mobile phone. To log in, enter your Mvelopes username and password just as you would from your computer. Click here for more common questions related to Mvelopes Personal Mobile.
Most Internet-enabled mobile phones are supported by Mvelopes Personal Mobile. Your phone must support WAP 2.0 or have native browsing capabilities. We also recommend a minimum screen size of 128 x 128 pixels to avoid formatting issues. If you have specific questions about your phone or plan, visit your service provider's website by clicking on the link below or call them at the number listed.
| Cingular Wireless |
1-888-333-6651 |
| Sprint Nextel |
1-800-777-4681 |
| Verizon Wireless |
1-800-922-0204 |
| T-Mobile |
1-800-937-8997 |
| Alltel Communications |
1-800-255-8351 |
| Tracfone |
1-800-867-7183 |
| U.S. Cellular |
1-888-944-9400 |
| Virgin Mobile |
1-888-322-1122 |
| Boost Mobile |
1-888-266-7848 |
| MetroPCS |
1-888-863-8768 |
| Cricket Communications |
1-800-274-2538 |
| CellularOne from Dobson Cellular Systems |
1-800-934-3996 |
| SunCom Wireless |
1-800-786-7378 |
| Qwest Wireless |
1 888-879-0611 |
| Amp'd Mobile |
1-866-811-0091 |
| Helio |
1-888-435-4675 |
| Southern LINC |
1-800-406-0151 |
Your membership with Mvelopes Personal includes a full-featured bill pay service for up to 15 transactions per month. You can make payments to any company or individual. If the payee does not support online payments, Mvelopes will print a mail a check for you at no extra charge! You can receive, view and pay your bills online, set up automatic transfers or recurring bills, and even have Mvelopes send you email reminders of when your bills are due.
One bill pay transaction will be deducted from the fifteen available each time you make a single payment from your checking account to the payee of your choice. If you transfer money from one checking account to another, this process involves two separate electronic transactions, and will deduct two transactions from the fifteen available. Transactions are counted per calendar month.
For each bill pay transaction above the 15 included with the Mvelopes service, you will be charged $0.50. This charge will be deducted from the checking account you have added to the bill pay service.
You may cancel your 30-day free trial at any time on or before the last day of your trial. In order to protect your account, we require that you cancel your account via our secure product support portal in order to obtain a cancellation confirmation number. Email or regular postal mail are not acceptable as a method of cancellation. In order to access the support portal simply click on the Support icon from within the Mvelopes application.
A valid email address is required for registration so that we may send important communications to you about any changes to your account. Having your email address is critical. Please notify us by clicking on the Support icon from within the application if you need to change your email address. You are responsible for keeping us informed about changes to your email address as well as for the information we email to you there. We do not sell your personal information, including your email address, except as outlined in our Privacy Policy.
We have not officially launched outside of the US, Canada, or Australia. This is primarily due to a lack of financial institution support and an inability to provide the high level of customer support that we currently provide to time zones in our current market. However, we continue to review possible markets for expansion. Please continue checking our website, as we will communicate information about when we plan to launch in a new market.
*Based on a 2-year membership plan, other plans available.
**To avoid being charged the full service plan fee, simply cancel before the free trial period ends.
* Quicken is a registered trademark of Intuit®.
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