How it works
One conversation, properly structured.
Feylo is not a budgeting tool that happens to allow two logins. The whole product is built around the fact that there are two of you, and that you may not see this the same way.
Here is the whole journey, from the first figure you type in to the plan you both accept.
Step one
Tell Feylo what you actually have
What each of you earns, how often, and what the household pays out every month. Rent or mortgage, bills, subscriptions, loan payments, the lot.
- Income is normalised to an average month, so weekly, four-weekly and annual figures can sit side by side without anyone doing the sums.
- Costs are marked as the household’s or as one person’s. A personal commitment never quietly becomes a shared one.
- Typed in by you. Feylo does not connect to your bank and never sees a transaction.
Recorded, not guessed
- Your salary
- £2,600.00 monthly
- Sam’s salary
- £1,800.00 monthly
- Rent
- £1,150.00 monthly
- Council tax
- £172.00 monthly
- Sam’s car loan
- £130.00 personal
Example figures.
Step two
Answer on your own, honestly
Twelve questions, about five minutes, on your own phone. How much of what lands in your account feels like the household’s. Whether personal spending should track earnings. What you would do with money left at the end of the month.
- There are no right answers, no score and no money personality label.
- Some questions are situations rather than principles, because people often answer those more honestly.
- Your partner cannot read your answers. Not now, not later, and not by having created the household.
Question 4 of 12Private to youMoney each of you can spend on yourself without explaining it. How should that work?
The same amount eachWe both get the same, whatever we earn.In line with what we each earnWhoever brings in more has more of their own.Whatever each of us needs that monthSome months one of us needs more than the other.Nothing separate, we keep it all sharedWe’d rather decide spending together than set money aside separately.A questionnaire question, answered privately in the Feylo app. Step three
See where you already agree
Once you have both finished, Feylo puts your views side by side, topic by topic. Most couples find they agree on more than they expected, and that the real conversation is narrower than they feared.
- Every sentence is written by Feylo for both of you. Neither of you is handed the other’s raw answers.
- Agreeing is not a pass and differing is not a fail. Plenty of households work either way.
- Nothing is decided at this stage. It is a starting point for a conversation.
Money of your own
Money each of you can spend without explaining it.
You want similar things here
You both want some money that’s yours. You differ on how much it should track what each of you earns.
YouYour viewThe same amount each, whatever we earn.
SamTheir viewIn line with what we each bring in.
Where that meets
Neither of you wants it pooled. The question is the size of the gap between you.
There’s nothing to decide here yet.
The common ground screen, showing what each partner said about one topic.
Step four
Then you decide, together
The agreement turns the conversation into rules your plan can actually follow. Either of you can decide any of it. Where you already leaned the same way, Feylo offers that as a starting point rather than as a decision already made.
- 01What counts as household moneyEverything you both earn, or an agreed amount from each of you?
- 02How the household’s costs get coveredOne pot, an even split, in line with earnings, or whatever leaves you both with a similar amount?
- 03If one of you earns less while caringWhat should happen to contributions when someone’s income drops because they’re looking after someone?
- 04Money of your ownWill you each have money to spend without explaining it, and how much?
- 05Spending from shared moneyHow much can either of you spend from shared money without checking first?
- 06Money left overWhere should anything left go, and in what order?
- 07Bonuses and extra workWhat happens to money you weren’t counting on?
- 08Coming back to thisWhat should bring the two of you back to these decisions?
You each put in a share of what you earn, so whoever earns more covers more of the bills.
Accepted by both of you. It doesn’t change unless you both change it.
Nothing counts until you have both said yes. One partner cannot set the household’s rules alone, and if either of you changes something afterwards, it needs agreeing again.
Step five
Your plan, worked out every time you look
Your agreement and your real figures become a monthly plan. It is calculated fresh each time you open it, never stored, and it follows the order you agreed rather than an order we think is better.
- What comes in, between you and each of you.
- What becomes household money, and what each of you keeps.
- What has to be paid: the household’s bills and each person’s own.
- Personal money, funded before anything optional.
- What is left, walked through your priorities in your order, with whatever survives left flexible.
If a month falls short, Feylo says so plainly and explains what would close the gap. It does not quietly produce a plan that cannot happen.
Your plan
Worked out from the rules you agreed and the money you’ve recorded.
Coming in
Household money
You each put in a share of what you earn, so the bigger earner covers more.
Keeps £777.27
Keeps £532.73
And afterwards
Life changes. The plan is supposed to.
A pay rise, a new bill, a change in hours, a baby. Update the figures and the plan changes with them, under the same rules you already agreed.
- Changing the facts is not a negotiation. Either of you can record a new salary or a new bill.
- Changing the rules is. Any change to the agreement has to be accepted by both of you before it takes effect.
- When money arrives that you were not counting on, Feylo shows what you already agreed to do with it. It does not ask you to renegotiate in the moment.
What’s left
In the order you agreed. Each one takes what it needs before the next.
Not earmarked for anything. It’s the household’s to spend this month.
Example figures.
Private beta
Start the conversation properly.
Feylo is open to a small number of UK households while we get it right. If you and your partner would like to be among them, tell us where to find you.
We are looking for couples who are willing to tell us plainly what does and doesn’t work. In return you get the product free for as long as it is in beta.
That’s all we need.
Thanks for putting your name forward. We read every one of these.
- We’ll reply from [email protected], usually within a few days.
- That email has everything you need to set Feylo up on your phone.
- You invite your partner from inside the app, with a link.