You may want to look for desktop support, especially if you like sitting at a desk and analyzing your transactions at leisure on a large screen. That way, if both partners don’t own the same type of device (iPhone or Android), you’ll still be able to use the budgeting app effectively. You also want to make sure you access multi-device support. Syncing budgeting data between devices offers a great way for both partners to know exactly what’s going on with their finances, ideally in real time. Unlike general purpose accounting or finance software, couples should look for some specific “shared” features in the app they choose to help them co-manage their finances. What Couples Should Look for in a Budget App Typically, the budget app runs on smartphones, but you’ll also find versions supported on desktops and other mobile devices. The app then helps you see how you spend money by providing useful reports and analysis.
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So, what exactly is a budget app ? It's a piece of software that allows you to create a budget, categorize your income and expenses and then enter and track your transactions against your budget.
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You can add, edit and delete categories on the master list and you can change the categories that the site has already assigned to transactions.ĭownload Simplifi on your Android or Apple devices. Simplifi comes with a default set of categories like auto and transport, dining and drinks, entertainment, groceries and utilities. Assign categories to all your transactions so you know where your money comes from and where it goes. Once you create a Simplifi account, you'll need to go through each financial account you have to register it within the app. You'll pay a monthly subscription fee for the app after the 30-day free trial. Some notifications are system generated and don't require internet connection for them to deliver to you. You get automated alerts and notifications. Simplifi synchronizes data when internet is available and its location tracking features work with and without the mobile network availability. Simplifi by Quicken offers a simple and effective platform for building enterprise mobility applications.
Plus, it’s never too soon to start managing your finances smarter using these tools and learning more about growing your wealth instead of just paying the bills.
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