Frequently asked questions

Envelope budgeting is a method where you divide your income into separate “envelopes”, one per spending category, and only spend what’s in each envelope. It makes you plan where money goes before you spend — which is why it’s so effective at stopping overspending. MoneyMate does this digitally: each envelope fills up as you spend, turning coral then red as you near the limit.

No. MoneyMate is a budgeting and money-management app — it doesn’t hold your money or issue cards. You keep banking with your bank; MoneyMate helps you plan, track and understand your money across personal and business life.

Yes. MoneyMate has two separate spaces — Personal and Business — each with its own envelopes, accounts, categories, invoices and reports, so your money never mixes. You switch between them in a tap, and the whole app recolours so you always know which one you’re in.

Yes. MoneyMate is offline-first: your data lives on your device, so you can open the app and record spending anywhere, with or without a connection. Pro adds cloud backup and sync across devices.

Envelope budgeting and core tracking are free forever. Pro unlocks unlimited invoices, receipt scanning, the AI assistant, cloud backup and more, as a monthly or yearly subscription. You can cancel anytime in the App Store or Google Play. See pricing.

MoneyMate combines envelope budgeting with a full small-business toolkit — invoicing, receipt scanning, stock and reports — and keeps personal and business money in separate spaces within one app. It’s offline-first and never sells your data.

No. MoneyMate has no ads and never sells your financial data. It’s funded by a fair Pro subscription — nothing else.

You set your currency per space, so MoneyMate works the same anywhere in the world.