Remember when I was encouraging you in another article to make lists with everything you buy and prioritize your expenses so that you can save money? What if there was an app to do that for you? Well, not exactly do it for you, but help you accomplish it at least. There is a lot of free personal finance software out there like CashBase.
With CashBase, you can track your personal finances and have a clear overview of your income and expenses. You can download the app on iPhone or Android or use the web version of the app on your computer. Your data is securely synchronized and backed-up on their servers and the free version of the app allows you to:
- track your income and expenses;
- see pie-charts with a breakdown of your expenses;
- create as many wallets or accounts as you want (savings account, credit card, cash wallet, etc.);
- add recurrent transactions such as your rent and have them on repeat;
- import your bank statements;
- export your data anytime.
If you update to the Pro version for $5/month, you can also set budgets and cash flow projections, and have weekly reports with what you spent in that week.
The application is easy to use, you can have all your accounts in one place, and monitor bank statements automatically.
Other personal finance applications you can use are: TurboTax, Mint, Expensify, WePay, Manilla, Quicken, Moneydance.
Whichever you choose, I’m sure your finances will improve in time. Having all your income, plans and expenses in one place will help you get a clearer image over what you spend your money on, and you can adjust from there. Sure, you can do that with a pen and paper, but it’s way easier to just insert all your financial data in one place and see graphics with all your spendings. Visualizing your expenses in colorful charts will have a much greater impact than endless lines of number on a piece of paper. So choose a financial app to your liking and start being in control of your finances!