You can scan and preserve receipts to know about your expenses. You can see how much you have to spend for a specific duration on a certain category of expenses. It helps you with the needed reports related to balance, expenses, income, debts, and loans. The feature I like the most is that this app forecasts the budget and lets me know where I can squeeze the expenses in the coming days so that the budget does not get affected. Once this is done, you can easily check if you are sticking to your budget or have fell prey to some discounts and offers. The best part is you can create customized categories of your expenses and link them to your budget. This is an easy app since you can select the category right at the time of saving your expenditure and income. It is one stop tool to manage your income and bills by defining the right budget for you. To begin with, this app is a winner all the way since it is awarded editor’s choice and top app of 2016. You can backup data on an SD card but no other options like exporting to excel or any other format is a slight letdown. The history of your expenses can help you identify your weakness so that you can tighten your purse strings at a weak moment of spending. The expenses can be grouped and viewed on the basis of categories. As far as the reporting system is concerned, avail the assistance of interactive charts that make a lucid presentation of numeric data in an attractive and easy-to-understand manner. The time periods that you want to analyze can be chosen as per your need from monthly and yearly options.Įntry of transactions can be sorted by date to see the transactions date-wise. You can edit the existing income and expenses according to your changing needs. The entry system is highly responsive and easy to input your daily transactions. You don’t have to go through a complex process to learn to monitor your financial status. YDoodle has kept the interface highly simple and easy to use. Decision-making on the basis of data about incomes, expenditures, and savings is far easier. It is supported by “ easy to understand” graphs that may help you in planning better in the coming months. The second app on this list is a good tool to monitor your income and expenses and manage your savings. Paid version prohibits all kinds of ads and you can create unlimited assets for management. The free version allows the addition of only 10 assets and permits ads and offers. This budgeting app is available both as a free and paid version. Backing up the expenditure statements as an excel file is an additional benefit to draw another kind of inference. Categorization of assets and analysis on the basis of categorization makes the work a lot easier. If you want to monitor a specific expense, it can be bookmarked. It can perform an automatic transfer to various segments like salary, insurance, deposits, and loans periodically. If you need to transfer money between your assets you can easily do so. Money Manager also helps in linking your credit and debit cards and managing the debits and credits. Any kind of diversion will be immediately visible and you can restrict your next expenses to remain on target. The best feature of this app is that you can have a graphical view of your budget allocation and the expenses done by you. The Money Manager is based on double entry bookkeeping of accounting that manages incomes and expenditures. For analysis, you have the option to launch the expenditure reports on a daily, weekly, and monthly basis. Use this manager to track your personal and professional transactions. This is one of the best personal asset management tools you may own. With this money management app, you can plan your expenses and track them for any deviation from your planned expenditure.
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