As the new year approaches, many of us are giving thought to our goals (or resolutions) for 2014.  For a lot of people, that includes some financial goals.  If budgeting is on your list for the year, take a look at Mvelopes.  (It’s free!)

The envelope system is a tried-and-true budgeting method that has worked for thousands of people.  With all the changes and growth in technology, though, the low-tech envelope system has its drawbacks. Like that it doesn’t account for any of your online purchases.  (I don’t know about you, but that is a huge chunk of my spending, and it really messes me up when I’m trying to deal with an analog budget.)

Mvelopes takes the exact same principle and puts it into practice with virtual envelopes, integrated with your financial institution, so it is able to track all of your spending.  I need to use something like this to track my blog’s cash flow, because I end up juggling things around from account to account (especially with PayPal in the mix) and I forget what was meant to be set aside for what.

Anyone up for joining me in reworking the budget next year by setting up something like this?