Keeping a budget can sometimes be hard. There is a lot of planning that needs to go into managing your family’s money strategically while also building a savings for your family.
The question is, how do you get started?
The first thing I do when developing a budget is understanding how I am spending our money. You then can plan for the coming year. There are several ways you can do this, such as using a spreadsheet on your computer. But if you ware wanting something simpler and easier, try using an app to help stick to your budget.
1. HomeBudget with Sync
HomeBudget with Sync allows you to manually sync in your own informationa rather than having it imported. You can enter your own data for expenses and then create a family budget from there. There is also a “Family Sync” option where you can sync the data into the Cloud and then have it on multiple personal devices.
The app cost $4.99 but there is also free version that doesn’t include the Sync. This app is available for Apple, Windows, and Google Play.
Dollarbird offers a calendar-based income and expense tracking. You can enter your expenses as you spend them and set up future bills. It’s an easy way to see your cash situation based on the bills that are coming up.
The app is free but there is a Pro version that gives you more options on the calendar for $4.99 a month. The app is available for Apple and Android.
Wally is an app that allows you to scan your receipts as you receive them. Use location-based services to automatically capture and categorize the location of where you are spending your money. You can then see on the app of the income vs expense so you will know how much you are spending this month and how much you will have left at the end of the month.
This app is free and available for Apple and Android.
Mvelopes uses a digital envelope system. You set aside an amount of cash into a series of envelopes that are labeled for specific type of expenses. It’s a great way for those who want to pay off their debt or build an emergency savings fund by using the envelope-based system!
The app is free but there is a Premier membership that gives you access to video content on their Budgeting Bootcamp series. This app is available for Apple and Android.
Mint comes both a desktop and app version. It syncs with just about every financial situation there is and only takes a few minutes to set up your bank account, bills, and credit cards securely. Mint allows you to categorize all your spending so you can see exactly where your money is going. You can also set up a budget and check your progress each month. Mint allows you to set up notifications when you might be over-spending in a category.
This app is free and available on Apple, Windows, Google Play, and Amazon.