I’ll explain how my wife and I used our Simple accounts in hopes to shed light on improvements. Shared envelopes I think are sufficient, if implemented properly!
We each had our own individual account and a shared account.
Direct deposits for work go to the shared account and a separate deposit of $100 in to our individual accounts.
All bills and budgeting items came from shared. Our individual accounts were our “fun money”.
A virtual card number is essential for the shared envelope since I moved everything to autopay from the biller themselves (ie: water company takes their money, I dont think about it). Some are good with account/routing number, but many only accept a credit/debit card for that. I need both options! So, hopefully, the shared envelope has an account number tied to it.
Also, I didn’t see this answered, but since we would only have one card and we primarily used the shared card, I need to be able to “default” my spend account from the card to the shared envelope. I don’t yet have my funds available (still waiting), so can’t play around with that yet.
This is probably very common (my setup), but it’s what works for us and I’d like to keep that aspect of things the same. As I feel more comfortable with the AI stuff, I’d maybe start moving to that method.