Before, tools that were used for creating a household budget were a pen and paper. But in this day and age when everything goes digital and automated, we see a lot of different online tools and apps that are designed to help people in managing their income and expenses. You can use a household budget calculator, as well as other apps and tools for ease and convenience. Here are some useful budgeting apps that you should know about:
Before we create our household budget through pen and paper. But in this day and age where everything is digital and automated, apps are now the new and innovative way to manage your income and expenses.
Available at the Apple and Android Stores, this free tracking app is ideal for those who are just getting started with their household budget. It’s easy to use and understand. You can set up your spending cycle as well as the spending limit. After that, you can list down your expenses classified into categories, as well as the amount.
Looking for something basic? Consider this budget tracking app. Its user interface and functions make it easy to use and understand. With PocketBook, you can see all of your transactions in one place and know where your money goes. It also has a feature that divides all expenses into categories with charts so you can analyze your spending easily. And this app is free!
If you’re up for a more comprehensive app to create and organise your household budget, check out MoneyBrilliant. It goes beyond listing down your expenses. It aims to give you a clear picture of your overall finances by including details about your super and investments. It also keeps track of your bill payments. MoneyBrilliant likewise has features that will help you achieve your financial goals.
Here’s one useful app for people who like going out for lunch or dinner with friends. Splitwise is designed to make splitting the bill much easier. It creates multiple groups of friends or colleagues, and when it’s time to pay the bill, it keeps track of who still hasn’t given his/her share. You can also receive notifications once an expense is updated or created. This will help you to stick to your budget when dining out. This budgeting tool is free and available at Apple and Android Stores.
Make use of budgeting tools so you can keep track of your spending even when you’re on the go. By knowing where your money goes, you can better manage your finances and find more ways to save money.
Do you use other household budget planners? Share your household tips in the comments section.