For $69 I need them to already know my categories and amounts and guilty pleasures and play my favorite song every time a transaction goes through and text me Idris Elba pics randomly all while liking this video for me because now my finger is tired. ❤️
It's a $98 a year subscription fee for two plus more money in September when they start charging for transfers. Seems a little pricey to me when you are trying to budget and save money.
You get three transfers a month for free after that. But again that’s the instant transfer the instant transfer is where it comes directly from a bank card instead of a bank account
I have been planning digital with my bank 🏦 for over a year n half now. I have a spending account billing account n a savings account. NO FEES so when I have to pay a bill I use my bill card n my spending card is for everything else. I don’t have a card for savings.
Thanks for sharing. I think the same thing can be accomplished using capital one 360 account, for free. And it's quicker to transfer. You're allowed 6 transfers per month from each savings accounts (envelopes). LOVE your hair, btw.
@@MichelleElaineOfficial It sure does. It comes with a master card debit. I have 13 savings accounts linked to the checking. So I can make 6 transfers from each account per month. That's 78 transfers for free!
@@iaiameno Capital One 360 is a digital bank. You open a checking account which you can link to your main bank. Then you can open up savings accounts that automatically link to the checking. You can name your savings accounts to keep them straight. So you transfer funds to the checking (it takes about 3 days to clear), then divvy that up among the savings. You can make 6 transfers a month PER savings account. Best parts: NO fees, NO minimum balance, HIGH YIELD INTEREST so you actually earn money. I keep about $5 in checking and transfer at the register as needed, like any bank.
Awesome job....the link is also self explanatory. My problem is...I just don’t want to pay for this service!!! I do understand however, that they have to charge a.fee. At least their fee is cheaper than my yearly fee for AX.
Annie Fields-Chapman I want to find a app that’s kinda like a spreadsheet but doesn’t actually link to my bank account cuz that creeps me out. I just want a tracker app basically.
Loving all of the feedback from you guys. This is why I love our community here, we are all about sharing what we know with others. Just a reminder it’s $69 a year (roughly $5 a month) Check out Proactive Budget and get all the details: proactivebudget.com/E.Michelle
I got the app and it didn’t take too long to get the card. I just didn’t quite understand the gas feature. Either way I’m excited for it. The fee is cheaper than the silly stuff I buy when I’m not thinking about my budget... I foresee being really happy with this system.
I’m glad I watched the whole video to learn that it’s $69 a year...not per month. I was reading the comments first and they didn’t specify but this is a great idea because Dave Ramsey’s cash envelopes are just not the most ideal for today’s plastic world.
Thanks for sharing the fee is high but worth it I’m gonna sign up in August after my wedding lol I find I spend cash faster and I think more before swiping so this is AWESOME !!!
Lol yes i totally understand. Think that’s what is so appealing is that it helps with discipline of how i spend in conditions that won’t allow for cash.
Exactly because going inside the gas station to pay is sooo annoying hahha. Thank you again for sharing I truly appreciate it! I’m a new sub and you’ve helped me so much & Shay Budgets !!! Thank you Thank you Thank YOU
This is a great video. I have tried the cash envelope system! I find myself dipping in the money all the time. I like the digital way. Can't be getting it out! I like the features that are coming. The cost is worth it! It is a good job to teach your son the value & responsibility of his money now! Get him a card! As he grows he will know how to pay his bills when he gets that coin! Stay Lit! Thanks for giving us a way to take control of our money!
Simple bank has this too but it’s totally free and actually has more features too. One you can make categories for sinking funds too. Your hair looks awesome! 💗
Cash envelopes are great for some things but without a car and residing in Phoenix, AZ I keep my trips to the bank to a minimum. I had heard you mention the Qube Money app but not understanding it I was hesitant. Thank you for your explanation in this video. I will attempt to set up the digital later this evening. Thank you again!
capital one has the same thing. been using digital cash envelopes for years with them. I think you can have up to 20 different savings account and 3 checking accounts under one name :)
This seems really complicated. There is accounting software that now allows you to allocate purchases / withdrawls to a category. So you can use the same card for multiple categories and allocate at the end of the day/ week/ month.
Love this concept... but I don’t want to pay for it being that I have such a large amount of debt to pay off. On my channel I made a video of my DR inspired cash envelope system using my prepaid cards. They are free and the only thing I would change at this moment is the minimal increments to transfer . Otherwise, they work great for my budgeting purposes and I don’t have to use the traditional cash envelopes unless I really want to.
It’s free to save with regular cash envelope system... These days for now use your card for gas, just get a receipt and remember to include in your budget..
Thanks for sharing. I use public transportation and I don't want to do actual cash envelopes for some things and I also use Ebates. Also, my husband has to pay for his commute with a card.
How do you distinguish the card for the kid's? I want one for my daughter she has her own budget binder and savings that we have talked about but she is getting to where she wants to spend her own money. Will the card have my new or her name? (I think she would love it if it had her name as well 😁)
I just use discover, I have a shameful amount (in the teens) of high yield savings accounts with them that I use as sinking funds/cash envelopes... no fees and easy. 2.10% interest
If you need to take cash out you have a pin the same as any debit card. There may be some fees associated with using an atm. There is also an option to undistrubute the money as well and start over with categories. They have so many options they are gonna be launching in the end of Quarter 3 it’s gonna be basically a full service internet bank.
My bank account has a feature that lets me do categories and when I spend it’ll take it out but the only thing is that it messes stuff up sometimes. It’ll think restaurants are groceries and some stores it can’t identify. Haha. So that’s annoying
Ok so basically you link personal Acct to this to set up digital cash envelopes and you select the categories when you spending out of that particular category
I tried to sign up and or wont allow you to add your bank account info. Are you sure this isnt a scam? I even contacted support help and they said they have disabled the external bank option and you can only add a debit/check card...thats a lie cause it clearly ask for your acct number and routing info....I dunno I was excited to sign up and use it but cant. Kinda disappointed...
Hey luv, It’s not a scam at all. Let me assure you of that. This is why i said they were doing free instant transfers til September. At the present time they had to shut off the external bank transfers because of some bank scamming ring from overseas had signed up and was making deposits with no money. Because they are FIDC insured this was one of the things that had to be put into place until they were able to rectify the issue. You can dm me for more information but i promise it isn’t a scam. I had to ask about it cause it was working in april and in May it wasn’t. They sent out a email to customers but of course, i didn’t read it 😩😩😩.
@@MichelleElaineOfficial thanks love! I appreciate you replying and exrending help. I am awaiting the support team to reply back. I asked how to add my debit card so that I can finish the sign up process. Your video was AMAZING at explaining everything. So thays what sparked me. Im going to keep trying for sure to get it resolved. #peaceloveandblessings Queen ❤
The free til September was for the instant transfers. When you sign up you get 15 days free to try it out. Make your transfer and use the system. Sorry if that was confusing
I’m going to try it thankyou so much because I was trying to use simple and their system blocked me from being able to have an account. Edit - nevermind you have to pay? Sticking to cash.
For $69 I need them to already know my categories and amounts and guilty pleasures and play my favorite song every time a transaction goes through and text me Idris Elba pics randomly all while liking this video for me because now my finger is tired. ❤️
I hollared reading this 😂😂😂
😁😂👊
🤣🤣🤣🤣
TheVIPDiva 😂😂😂👍🏻
🤣🤣🤣
It's a $98 a year subscription fee for two plus more money in September when they start charging for transfers. Seems a little pricey to me when you are trying to budget and save money.
You get three transfers a month for free after that. But again that’s the instant transfer the instant transfer is where it comes directly from a bank card instead of a bank account
That is a good point. Really only need 2 transfers a month. The cost is still kinda high I think for a new service.
I have been planning digital with my bank 🏦 for over a year n half now. I have a spending account billing account n a savings account. NO FEES so when I have to pay a bill I use my bill card n my spending card is for everything else. I don’t have a card for savings.
Same! Not mention my paypal card and cash app card
Thanks for sharing. I think the same thing can be accomplished using capital one 360 account, for free. And it's quicker to transfer. You're allowed 6 transfers per month from each savings accounts (envelopes).
LOVE your hair, btw.
Thank you love! Does the capital one 360 come with a card? I never got that far. lol
@@MichelleElaineOfficial It sure does. It comes with a master card debit. I have 13 savings accounts linked to the checking. So I can make 6 transfers from each account per month. That's 78 transfers for free!
Oh wow that’s good to know
I would like to know more about this!
@@iaiameno Capital One 360 is a digital bank. You open a checking account which you can link to your main bank. Then you can open up savings accounts that automatically link to the checking. You can name your savings accounts to keep them straight. So you transfer funds to the checking (it takes about 3 days to clear), then divvy that up among the savings. You can make 6 transfers a month PER savings account. Best parts: NO fees, NO minimum balance, HIGH YIELD INTEREST so you actually earn money.
I keep about $5 in checking and transfer at the register as needed, like any bank.
I will stick to my envelopes that is way too much for me...lol
Yass...
Awesome job....the link is also self explanatory. My problem is...I just don’t want to pay for this service!!! I do understand however, that they have to charge a.fee. At least their fee is cheaper than my yearly fee for AX.
I agree. I really like the idea just not the price.
Annie Fields-Chapman I want to find a app that’s kinda like a spreadsheet but doesn’t actually link to my bank account cuz that creeps me out. I just want a tracker app basically.
Capital one 360 is an option but I haven’t tried yet
Loving all of the feedback from you guys. This is why I love our community here, we are all about sharing what we know with others. Just a reminder it’s $69 a year (roughly $5 a month) Check out Proactive Budget and get all the details: proactivebudget.com/E.Michelle
I got the app and it didn’t take too long to get the card. I just didn’t quite understand the gas feature. Either way I’m excited for it. The fee is cheaper than the silly stuff I buy when I’m not thinking about my budget... I foresee being really happy with this system.
I’m glad I watched the whole video to learn that it’s $69 a year...not per month. I was reading the comments first and they didn’t specify but this is a great idea because Dave Ramsey’s cash envelopes are just not the most ideal for today’s plastic world.
Yes ma’am $69 a year i hate i didn’t make that more clear. It’s about $5 a month for the service. $5 for protection was ok with me.
Thanks for sharing the fee is high but worth it I’m gonna sign up in August after my wedding lol
I find I spend cash faster and I think more before swiping so this is AWESOME !!!
Lol yes i totally understand. Think that’s what is so appealing is that it helps with discipline of how i spend in conditions that won’t allow for cash.
Exactly because going inside the gas station to pay is sooo annoying hahha. Thank you again for sharing I truly appreciate it! I’m a new sub and you’ve helped me so much & Shay Budgets !!! Thank you Thank you Thank YOU
I'm glad I found this! I wanted to do the cash envelope system but everything I have is 100% online.
This is a great video. I have tried the cash envelope system! I find myself dipping in the money all the time. I like the digital way. Can't be getting it out! I like the features that are coming. The cost is worth it! It is a good job to teach your son the value & responsibility of his money now! Get him a card! As he grows he will know how to pay his bills when he gets that coin! Stay Lit! Thanks for giving us a way to take control of our money!
I’ve been waiting on this video. Absolutely love all the options and 2% interest on saving accounts....Yasssssss!!!
Simple bank has this too but it’s totally free and actually has more features too. One you can make categories for sinking funds too. Your hair looks awesome! 💗
Is this an actual bank?
E.Michelle, do you know when they're planning to release their updated app? Thanks so much for the video!
It should be coming Nov December for beta testing.
Cash envelopes are great for some things but without a car and residing in Phoenix, AZ I keep my trips to the bank to a minimum. I had heard you mention the Qube Money app but not understanding it I was hesitant. Thank you for your explanation in this video. I will attempt to set up the digital later this evening. Thank you again!
Is this only available in the US? I'm up in Canada, but this app would be a huge game changer!
Click on the arrows in the bottom right corner of your iPad to make it full screen. 🙂
capital one has the same thing. been using digital cash envelopes for years with them. I think you can have up to 20 different savings account and 3 checking accounts under one name :)
I got a Fort Wayne ad on your video haha. That’s cool haha.
Yaaaaaaasssssss!
Lol I lived in fort Wayne for 2 years.
Can we get a tutorial on your hair style???? 💖😍😍😍😍😍💖 love video overall!!!
I just love that you’re from Memphis! I struggle so hard with cash envelope. Help me! I’m trying to move downtown
Let’s link boo. Hit me up !
I do the paper version of this but I may try the digital version through the HUB on my bank. Thanks for the info
Thank you for posting this! Always wanted to try the envelope system but knew I’d never be able to do it with cash. This digital option is awesome!
Ok boo! I see the intro poppin 💋
Thank you ☺️ i learned from the best 😘
If that little square down in right hand corner it will enlarge to reasonable size to work with it please try it❤️
U look so good with ur hair like this 😍😍 but I’m definitely going to try this method because I hate using cash as well
This seems really complicated. There is accounting software that now allows you to allocate purchases / withdrawls to a category. So you can use the same card for multiple categories and allocate at the end of the day/ week/ month.
I’ve been binge watching all of your videos!! ❤️ Can you rename or delete any of the categories on the updated version?
Would love for you to do an actual video in store using the card. I am loving this idea.
Digital technology ( inserts hands on my head emoji) 😳
I havnt even watched the entire video..but girl I love your twists!
This is exactly what I've been needing! Cash envelopes can be stressful.
Love this concept... but I don’t want to pay for it being that I have such a large amount of debt to pay off. On my channel I made a video of my DR inspired cash envelope system using my prepaid cards. They are free and the only thing I would change at this moment is the minimal increments to transfer . Otherwise, they work great for my budgeting purposes and I don’t have to use the traditional cash envelopes unless I really want to.
This is an interesting way to budget! Thanks for sharing. I’ve always been curious about electronic cash envelopes.
Thank you so much for wonderful, helpful info!! 🤩
Awesome video....so helpful. Thanks for researching the product for ya!!!
You are so welcome. I have been using it since April and really wanted to make sure it was beneficial. And it really has been
It’s free to save with regular cash envelope system...
These days for now use your card for gas, just get a receipt and remember to include in your budget..
Thanks for sharing. I use public transportation and I don't want to do actual cash envelopes for some things and I also use Ebates. Also, my husband has to pay for his commute with a card.
I’ve been waiting for this app for about 2/3 years only to be hit with I have to be 18 lmao. It’s okay though, I get to use it next year!! 🥰🥰
I've been looking into things like this - Great overview!
Great video ❤ Super helpful 💯
Thanks so much!! Very informative.
Thanks for sharing! I think I’ve been looking for something like this
Loved the video! 😍 Great content!
Thank you soo much 😘😘😘
The new version is launching soon. I can’t wait
How do you distinguish the card for the kid's? I want one for my daughter she has her own budget binder and savings that we have talked about but she is getting to where she wants to spend her own money. Will the card have my new or her name? (I think she would love it if it had her name as well 😁)
Awesome!
They can’t 💕😅🙏🏻🤩sounds cool 😎
I use simple Bank and Goodbudget. Much cheaper
I just use discover, I have a shameful amount (in the teens) of high yield savings accounts with them that I use as sinking funds/cash envelopes... no fees and easy. 2.10% interest
lovejulieandrews no such thing as a shameful amount of savings accounts
Awesome! Is this bank FDIC insured?just in case 😊
Yes they are. Which is the really great thing about it.
Thanks 😊 Many Blessings always!
I’m here for summer bae look! 🥰🥰🥰
Love it...
Loooooove this!! ❤️
This is greatttttt
I just got done singing up and gurl it was quick and easy
Just waiting to validate my AceFlare Accountn
*signing up not singing smh.... heat coma.
Love this, great video ❤
Love love love ❤️
Even if it was free ...cash keeps be focus 😭😭
What if you need to take cash out? How do you do that?
If you need to take cash out you have a pin the same as any debit card. There may be some fees associated with using an atm. There is also an option to undistrubute the money as well and start over with categories. They have so many options they are gonna be launching in the end of Quarter 3 it’s gonna be basically a full service internet bank.
@@MichelleElaineOfficial ok cool! Thanks for replying!
You are so welcome
I can’t find this app? Does it no longer exist?
Loveee your hair
Thank you sooo much !!
Thank you thank you thank you!!!
My bank account has a feature that lets me do categories and when I spend it’ll take it out but the only thing is that it messes stuff up sometimes. It’ll think restaurants are groceries and some stores it can’t identify. Haha. So that’s annoying
Can you get more than one debit card?
Yes with the family account.
Great, unfortunately option is still not available 😒
I have to try this
I joined and its not working there is a glitch in the system I am so sad. Hopefully they will fix the problem
This is a very interesting app.
I tried to get this app but it says it is unavailable in my country but r region (USA)
How do you load money onto the card without direct deposit? I think I may have missed that part.
You do an instant transfer from your debit card. Sorry I think i said instant transfer but not how it works.
How do you pay at a restaurant if you hand the card to waitress?
You just open up the restaurant category. It stays open for 30 minutes or until the transaction has finished.
Ok so basically you link personal
Acct to this to set up digital cash envelopes and you select the categories when you spending out of that particular category
Paypal does the same thing as well, free.
I tried to sign up and or wont allow you to add your bank account info. Are you sure this isnt a scam? I even contacted support help and they said they have disabled the external bank option and you can only add a debit/check card...thats a lie cause it clearly ask for your acct number and routing info....I dunno I was excited to sign up and use it but cant. Kinda disappointed...
Hey luv,
It’s not a scam at all. Let me assure you of that. This is why i said they were doing free instant transfers til September. At the present time they had to shut off the external bank transfers because of some bank scamming ring from overseas had signed up and was making deposits with no money. Because they are FIDC insured this was one of the things that had to be put into place until they were able to rectify the issue.
You can dm me for more information but i promise it isn’t a scam. I had to ask about it cause it was working in april and in May it wasn’t. They sent out a email to customers but of course, i didn’t read it 😩😩😩.
@@MichelleElaineOfficial thanks love! I appreciate you replying and exrending help. I am awaiting the support team to reply back. I asked how to add my debit card so that I can finish the sign up process. Your video was AMAZING at explaining everything. So thays what sparked me. Im going to keep trying for sure to get it resolved. #peaceloveandblessings Queen ❤
You are so welcome. I’m glad you said something. All of this helps make this company better. 😘
I’m also. Having issues adding my debit card. Were you able to get in touch with support, if so were you able to add you card
@@ashleyrjackson5787 unfortunately I never did and I still havent gotten any further 😢
I clicked the link and it only gave 15 days free trial FYI... I know you said until September but your link is different. 🥰🥰🥰
The free til September was for the instant transfers. When you sign up you get 15 days free to try it out. Make your transfer and use the system. Sorry if that was confusing
@@MichelleElaineOfficial ok, thank you... no worries. I signed up
I’m going to try it thankyou so much because I was trying to use simple and their system blocked me from being able to have an account.
Edit - nevermind you have to pay? Sticking to cash.
Oh and maybe I missed this but how do you get the physical card?
They mail it to you once you sign up for the program.
E.Michelle Thank you!
that application only works in EE. UU. I live in Dominican Republic 🇩🇴
Confused I’ve had an account with proactive for awhile did they just recently introduce paying? I never paid yet I guess
Paying for the service?
Yeah isn’t it $69 a year ?
I think once I make my first transaction after 15 days I believe they charge you it
I downloaded the app
Not even 5mins into the video
Toooo much work! I will stick with the 💵 envelopes
What I like is how quick and easy it was
Qapital app is free and maybe better
Proactive isn't working. They've pulled the Apps.
And I've even messaged them through their website and Facebook with no response :( I was really looking forward to trying this app
Yes. Look for Qube now. I’ll be doing a video soon. They are supposed to roll out a beta version. But sign up so you can be apart.