Best Expense Tracking App
I’ve left maybe one other app review in my life but this one’s a necessary to review. I’ve used this app on and off for about two years but due to over spending during the holidays, I’ve made it my New Years resolution to keep track on a daily basis with monthly budget reviews. Here’s why this app has been better than any other for expense tracking and budgeting; Firstly, if you’re truly trying to stick to a budget each month then daily tracking is absolutely necessary. People may love mint and other automatic tracking apps due to ease but I find the less I look at my budget the easier it is to overspend. The fact that I input my every expense into this app keeps me conscientious of my spending. I try and do it as soon as I spend but some days I just check my credit card and input everything at the end of the day. I use another habit tracking app called Habit to make sure I’m inputting my expenses daily. The other benefit is the recurring expenses. It’s nice to be able to put in the specific date of when these expenses occur. I also love the monthly expense chart which makes it easy to review every month and see where I was on track or overspent. Another aspect of the app is income tracking which I don’t personally use but probably should start. If you’re part of FIRE or just someone who always looks to make an extra buck then this app just gets better with income tracking. If you have a small side business it would be awesome to track income and expenses just using the business category and see how it’s going over time. To end this lengthy review, I can’t go without saying the single time payment for the premium version is amazing. I went one year with the free version which was enough for me then but once my reoccurring expenses grew I wanted the premium since they cap the amount of reoccurring expenses in the free version. I HATE subscription services unless it requires significant updates or ongoing service. But for any single app on the App Store, I avoid monthly subscriptions at all costs and truly pushes this app to the top of expense tracking apps with a reasonable one time payment for the premium version. Do yourself a favor and take budgeting seriously and start tracking!
