by Hope
There are lots cash envelope systems discussion in the Dave Ramsey Facebook groups I am in. Questions on how to track regular budget line items balances and spending along with their sinking funds abound.
While many still do cash envelopes, there has definitely been a surge in questions about apps to track money designated for specific line items. And let’s be honest, managing multiple accounts is not for the faint of heart. It can get confusing, even overwhelming.
But I think I may have found the solution. It’s in beta, but they have taken the “cash envelope” system and digitized it. And they have added features to share access with your significant other AND have child accounts. Love it!
The Qube Money system combines digital banking, line item budgeting and parental controls and so much more. This team has also taken into consideration many of the security concerns people have with online banks and children and money and built in safeguards to give you peace of mind.
Qube Money Plans
They have several different plans to fit everyone’s needs and budgets. And the feature list is impressive.
More Control than a Typical Bank Account
I think my favorite feature other than literally digitizing the cash envelope system are the family oriented and parental control features. Even though I am on the kids accounts, I have very limited control over their actual spending unless I take complete control which seems counter intuitive.
I have had fits with canceling the random subscriptions the kids have signed up for. This was especially hard when they first started with managing their own debit cards. They would sign up for a “free” something that in the small print would say “14 day free trial.” As a result, Qube Money’s Subscription Control feature jumped out at me.
While it may be in a beta, I’ve been really impressed with what I’ve read and what they plan to offer. I’ve signed up to get access when they launch. If this intrigues you as much as it does me, let’s discuss!
Hope is a resourceful, solutions-driven online business manager with over two decades of experience helping clients streamline operations, manage projects, and grow their businesses through digital marketing and technology.
But life has a way of rewriting your plans.
A year ago, Hope made the decision to move in with her aging parents full time – a season she wouldn’t trade, even as it came with its own financial and emotional weight. Earlier this year, she lost her mother, and is now walking the tender, disorienting path of grief while learning what “forward” looks like from here.
Hope came to the Blogging Away Debt community in 2015 as a single mom raising five foster and adoptive children. She’s written through job changes, financial setbacks, and the bittersweet transition to an empty nest. Her kids are finding their footing in the world now – and so is she.
Rooted in faith and fueled by the same perseverance she’s brought to every hard season, Hope is ready to face her finances with fresh eyes and an honest pen. She believes that clarity, courage, and community can change the trajectory of anyone’s story including her own.
She lives in Austin, TX with her dad, loves adventures with her dog Addie, and is figuring out, one step at a time, what this next chapter is meant to be.
