Debt Envelopes

  • When adding an account with a negative balance, a Debt Envelope will be automatically created that contains the debt balance of the account.
  • Over time, the goal is to get the Debt Envelope balance to $0 by budgeting money from the To Budget total into it.
  • Any interest charges or more debt will need to be budgeted to the Debt Envelope so that it can track how much debt is actually attributed to that account vs what spending you have budgeted for.
  • Once the Debt Envelope has reached $0, it is automatically hidden in future months until a debt balance is brought back
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