4.02.2011

(Apps) Where Did My Money Go?

I have been having that question since high school. Everytime you have cash on hand, small expenses are usually forgotten, not learning your lesson of budgeting well.

I have tried a couple of mobile expense trackers. I installed EasyMoney on my android phone. It has categories that will soon collect input and puts a percentage report, to which category you have spent most. You will also see the details after clicking on the category percentage rate. My trouble with it was, customization. It doesnt allow me to add my own category and I cant see my expenses in daily or weekly order. I cant remember if this app is limited for 30 days only since i only downloaded it as a free app.

I also used Expensify on three phones. iOs, Blackberry and Android. You can attach a picture of your receipt whenever you put in a data. This is a free app, but you can only use it online. Function is nearly perfect but I find it complicated to use.

I am now using CashTrails on iOs. I downloaded a free version and tried it for a week. You can customize currency, it lets you set auto-conversion (e.g. dollar to PhP), sets Accounts, very easy-to-read reports (category-wise, via date and structure), transfer of balance (for more convenient tracking) and its offline. I purchased it for 3.99$ (thats about 200PhP) and I never had a problem using it.

As I track my expenses, I also get to know what I ate, where Ive been, and who Im with. It seemed like a journal using money language. I just hope I could budget well. Looking back makes me feel so guilty on what Ive bought impulsively. But not the app :)
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