Envel Bank Review | Good Choice For Digital Envelope Budgeting?

แชร์
ฝัง
  • เผยแพร่เมื่อ 5 ก.ค. 2024
  • Envel Bank Review | Digital Envelope Budgeting With Smart Accounts. If you want a modern take on the envelope budgeting system that uses AI (artificial intelligence), a mobile banking app, a debit card, and spending categories, then Envel is worth looking into. This is a great way to budget your money in an easy to manage way. Envel is an excellent fintech bank with a great mobile banking experience. ▼▼
    ➤ Yotta - Use code YOURFRIENDANDY and get 100 FREE TICKETS: a.ndy.fyi/Yotta
    ➤ Get 4 Free Stocks on WeBull (Deposit $100 & get 2 valued up to $1600): a.ndy.fyi/WeBull
    ➤ Open A Roth IRA: a.ndy.fyi/M1
    ➤ Great Personal Finance Book (I Will Teach You To Be Rich): amzn.to/3qOc492
    ➤ Follow Me On Twitter: a.ndy.fyi/twtr
    ➤ Follow Me On Instagram: a.ndy.fyi/insta
    Timestamps:
    00:00 - Intro - What is Envel Bank?
    01:04 - Overview - History and how does Envel work?
    07:44 - What are the downsides to Envel?
    08:40 - Conclusion. Do I recommend Envel?
    Envel Bank review
    Envel mobile banking
    Best checking account 2021
    Best savings account 2021
    Envelope budget system for beginners
    How I Make My Videos:
    Camera: amzn.to/3dozvBn
    Lens: amzn.to/3doIrqa
    Light: amzn.to/3ena1my
    Microphone: amzn.to/30tGVNo
    DISCLOSURE: Some of the links on this page are affiliate links, this means that I may earn a commission if you click through and make a purchase and/or subscribe. Affiliate commissions are a great way to help fund and support the channel.
    I am not a financial advisor. The ideas presented in this video are for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make.

ความคิดเห็น • 23

  • @sydneytaylercolbert
    @sydneytaylercolbert 2 ปีที่แล้ว +2

    I'm curious to know how Envel handles bills that are setup on Auto-pay.

  • @jacquelineepstein4214
    @jacquelineepstein4214 3 ปีที่แล้ว +4

    Amazing review, thank you for sharing! I know a lot of folks are looking for a replacement now that Simple closed, and Envel is an excellent choice!

  • @x5lalalalala
    @x5lalalalala 3 ปีที่แล้ว +1

    Can you deposit cash at an atm for you envel account?

  • @creole75
    @creole75 2 ปีที่แล้ว

    Well I can't add funds because my current bank doesn't recognize the routing number for Envel

  • @BrettWyrick
    @BrettWyrick ปีที่แล้ว

    "How to use yeet in a sentence" 😁
    Your review here has convinced me. I was on the fence on this one but looks great. Just hoping it doesn't get the OneFinance treatment and get bought out.
    How is Envel with joint accounts, for couples, do you know? Fantastic review, by the way. It was very comprehensive.

  • @senabrown1221
    @senabrown1221 2 ปีที่แล้ว

    But cant reach anyone through customer service about them stealing my money

  • @ELPCOTILLION-SD1970
    @ELPCOTILLION-SD1970 2 ปีที่แล้ว +1

    I Opened An Account A Bit Over 1 Week Ago...I Hope I Shan't Regret It...Seems Fairly Good So Far...Like One Finance & Discover~I Hope They Get In Gear And Implement Cash Deposits At Stores!...

  • @jeanettemccay
    @jeanettemccay 2 ปีที่แล้ว

    its good. yet i use ally, one sofi and others too though

  • @alekpolick8628
    @alekpolick8628 3 ปีที่แล้ว +1

    I’ve now watched this video and the Video Qube video. Which one do you prefer for an envelope budget system?

    • @DynamiteProd
      @DynamiteProd 3 ปีที่แล้ว +1

      I have envel it’s still pretty new so it’s still growing with the features. But the employees of the company are active in their discord and open to the their development process so they are taking the customers suggestions. It’s cool being in on it early to help mold the app and help it grow. It’s similar to how I felt about simple at the beginning. They are constantly adding new features.

    • @facepalm5134
      @facepalm5134 3 ปีที่แล้ว

      @@DynamiteProd yeah I'm still debating what I want to switch to now that simple is closed. You think this is the best bet ? only thing stopping me is the fact I can't easily retroactively change where the money was spent from like simple.

    • @hectorgarza6679
      @hectorgarza6679 3 ปีที่แล้ว +2

      @@facepalm5134 You should check out One Finance. You can create "pockets" and actually spend directly from them with the card. You can even create a virtual card number for the pockets for recurring payments.

    • @sydneytaylercolbert
      @sydneytaylercolbert 2 ปีที่แล้ว

      I currently have an account with Qube Money and I'm considering moving to Envel. Qube doesn't offer any options for savings only checking. Plus there's not a robust budgeting system incorporated into the app. It's really just for separating your money into a bunch of different accounts. I am considering Envel because you can save AND TRACK your expenses which is becoming more important to me than just separating the money which is the main feature of Qube.

    • @angelweengz
      @angelweengz 2 ปีที่แล้ว +1

      @@sydneytaylercolbert good point

  • @tonettahunt
    @tonettahunt 2 ปีที่แล้ว

    Did u have to wait after u signed up before getting access to even play in the account? I'm being told I have to wait 24-48 he's

    • @YourFriendAndy
      @YourFriendAndy  2 ปีที่แล้ว

      For most accounts there is an approval process before you are fully signed up. I am not sure of the exact wait times for each account. Hopefully they get back to you within that time period!

    • @creole75
      @creole75 2 ปีที่แล้ว

      I didn't have to wait at all. Nor was there all kinds of paperwork to fill out like the reviews mentioned in the Play Store. I'm all in the app and am just waiting for my debit card. I too am an ex-Simple customer and I have been searching for a replacement for a while. I don't like BBVA and don't want to transition to PNC. Gpay is taking forever with their Plex accounts. So Envel it is.

  • @BA-ht4lp
    @BA-ht4lp ปีที่แล้ว

    Might be worth pulling this video given recent problems and accusations against both…