EEBA is a personal budgeting tool. EEBA stands for Easy Envelope Budget Aid. Users can organize their debts and regular payments. The application offers online and mobile access. The application caters to individuals and families. Multiple household members can record their spending and earning information using EEBA. The information stays updated so it is always current, even when multiple people are recording data. Payee information is remembered and suggested when the user begins to type in a name. Users can create custom categories and add tags to financial entries. The application doesn’t corral the user into one budget period. Users can work on a weekly, bi-weekly, monthly, semi-monthly and annual basis. Reports help users visualize their spending and earning.
EEBA was developed in 2009 by Dayspring Technologies, Inc. The application was intended to bring the basic envelope saving approach to the online world. EEBA has earned a list of positive comments from its users. Many really appreciate the way the application lets multiple household members record data on one account. Others say that EEBA gives them a solid way to control their finances each month. Some users experienced crashing issues with the mobile applications and others complained that no currency change option has been added yet.
EEBA offers a number of very attractive tools that many users have already fallen in love with. The most appealing aspect of the application is the way it gives entire households a place to save financial data. Rather than relying on one individual to track everyone’s spending, EEBA lets family members submit their financial information so the account stays as accurate as possible with minimal hassle and no miscommunication.
EEBA has a very clean, modern appearance that works well for its intended purpose. The interface is easy to understand, even for users who are not good when it comes to math and money handling. Status bar graphics depict current funds and spending in a format that is very easy to digest in a single glance. Hints of vibrant green and red add flavor without distracting the user from the task at hand.
EEBA offers users one free and three paid membership options. The free Beta plan includes up to 10 regular envelopes, 10 annual/irregular envelopes, 24 month transaction history and synchronization for up to three mobile devices. The Basic plan costs $3 per month and includes up to 20 regular envelopes and 20 annual/irregular envelopes and 36 month transaction history. The Plus plan costs $5 per month and includes up to 40 regular and irregular/annual envelopes, 60 month transaction history, checkbook balancing, scheduled items and the ability to import bank statements. The Premium plan costs $8 per month and includes no limits on envelopes and transaction history as well as synchronization for up to 10 mobile devices.
EEBA is ideal for anyone who wants a simple way to track budgets. The application is inexpensive and offers a simple yet effective budgeting method. EEBA is even more attractive to homes with multiple people who will be contributing to the regular budget. Everyone can access the account rather than relying on one person to record all spending and earning data for the household.