Site icon Tiller

The #WinningWorkflow for February 2020 is an Envelope System for Google Sheets

The Tiller Money team is pleased to announce the inaugural winner of our Winning Workflow, a monthly contest recognizing user-created finance tools & workflows. 

Our February 2020 prize goes to community member Rich Scott with his Envelope System, an envelope-budgeting solution built for Tiller Money-powered spreadsheets.

In Rich’s solution, three powerful and intuitive actions drive the budgeting process: “Fund Envelopes”, “Clear Values”, and “Sweep Envelopes”.

Your financial life in a spreadsheet, automatically updated each day

Tiller connects 21,000 banks to your spreadsheets and automatically updates them with your spending, balances, and net worth each day. Track everything in one place with flexible templates and no ads.

Funding events are logged (and annotated if the user chooses) in the “Funding Transactions” sheet for a budgeting history ledger.

Further, the workflow introduces the concept of “funding templates”, where multiple user-configured funding allowances (configured in the Categories sheet) can be manually applied to multiple envelopes.

For example, when a paycheck is cashed, the user can apply a paycheck funding template that splits the paycheck to fund their envelopes. A separate template could fund envelopes (differently) based on a different income event.

As with any envelope budgeting system, there is a bit of a learning curve. That said, if you’re interested in envelope budgeting, we encourage you to have a look at Rich’s solution.

With his winning workflow, Rich wins a free year of Tiller Money and also a $200 Amazon gift card

Enter your #Winning Workflow

Each month, we award a free annual Tiller Money subscription and a $200 Amazon gift card to an exemplary solution shared in the Tiller Money Community.

The theme for March is mobile workflows

If you’ve built a custom solution for using Tiller Money on mobile, share it as a Winning Workflow with the Tiller Money Community.

If you want to try and build a solution, read “Tips for Using Google Sheets on Mobile with Tiller Money” for inspiration.

The winning workflow will claim a $200 Amazon gift card plus a free year of Tiller Money. To participate, review our submission guidelines.

We look forward to seeing what you all build and share in March!

Exit mobile version