My Budget Tracker app review: a smarter approach to sound financial management

Introduction

This is a very well-designed personal budget app for iPad and iPhone that provides you with a smarter approach to sound financial management by enabling you to monitor your budgets, expenses, bills, and other monetary tidbits in a simple and easy-to-use interface.

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Money management is hardly the most exciting subject to discuss but the developer has done a real decent job here of providing a utility that helps to remove some of the monotony of personal accounting.

You should have pretty much everything you need here to keep a secure and fully exportable record of your various outgoings, so I would definitely recommend this app to any of you who are in the market for this kind of utility.

Money Management Made Simple

My Budget Tracker is a fairly simplistic utility into which you can compile your income and all of your various expenses, keeping everything neatly organized so that you can see exactly where you are at any given point in the month.

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The Dashboard is a great place to start as it provides a detailed overview of your finances so that you can see your expenses and budgets at a single glance. Once you drill a little deeper into the interface you’ll begin to uncover some of the other features.

Set Reminders to Ensure Your Bills Are Paid On Time

One such feature that I like is the Planned Expenses section that helps to cover general things such as rent, phone bills, and so on, but there is also specific coverage for bills. This allows you to set up reminders to ensure everything is always paid on time.

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You can even use this app to track your vehicular expenses in the Mileage section. I think this is great because the developer could have just as easily released a standalone app for this purpose.

Pros & Cons

Pros

• Catch a detailed overview of your finances in the Dashboard
• Easily see your expenses and budgets at a single glance
• Establish all of your Planned Expenses to cover things like rent, loan payments, and other bills
• Create a detailed record of your Bills with recurring entries to ensure nothing is forgotten
• Receive handy reminders of your bill due dates so that they are always paid on time
• Includes a separate Loans section for larger debts and installment payments
• Track your vehicular expenses in the Mileage section
• Provides full support for many worldwide currencies
• View a detailed history of your transactions for quick and easy future reference
• Create a handy digital backup copy of your records via email
• Keep your records safe and secure with passcode protection

Cons                                                    

• There is nothing negative to say about this app

Final Words

My Budget Tracker is a great iPhone and iPad app that should definitely help you to manage your money a little more effectively.