Glossary
The words behind the method.
Short, honest definitions of the terms vokse uses, each with how the idea works in practice and where it lives in the app.
Terms
- Envelope budgetingEnvelope budgeting splits the money you already have into named envelopes, one per purpose, so every purchase is paid from its own envelope and the balance tells you what is left.Read the definition
- Zero-based budgetingZero-based budgeting assigns every unit of the money you have to a purpose until nothing is left unassigned, so income minus assignments equals zero and no money floats without a job.Read the definition