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About Budget Silos
Budget Silos is a mobile application available on iOS that helps users manage personal budgets by connecting to their bank accounts through Plaid. Once linked, the app divides a user's money into customizable categories called "silos," such as rent, savings, food, and bills, allowing them to track where every dollar is allocated. Transactions sync automatically and can be sorted into silos using user-defined rules, with income distributions split across categories as funds arrive. The service includes biometric and PIN lock features, 256-bit AES encryption, and states that it does not sell user data. Bank credentials are handled exclusively by Plaid and are not stored on the company's servers.
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