One Budget: Plan Expenses, Track Spending
One Budget for iPhone and iPod Touch, available on the App Store starting January 31
Personal money management—elegant and effortless. Plan your budget and monitor your spending to meet your financial and savings goals.
EUROPE—Monday, 28 January 2013—Available January 31, One Budget is the app to help you keep your personal finances under control. Its two key aspects—budget planning and spending tracking—work together to help you spend within your budget so you can plan ahead with your savings.
The One Budget Team:
With One Budget, you enter the types of expenses you wish to keep track of each month. Those categories can be as broad or as narrow as you like, but we encourage you to be specific. For each expense category you estimate the amount of money you plan to spend. You also need to enter your monthly income and now your budget is set.
Each month you get an overview of your budget: what expenses you have planned and how much money you will save (and you should always try to save). You can see the size of each expense category as a percentage portion relative to your income. As a rule of thumb, it is good to keep your rent at no more than 25% of your monthly income.
Keep track of your spending during the month by entering each purchase into an expense category. You can see how much you have spent on each type of expense and One Budget will show you whether you remain within your budget or you overspend. You can also view a 6-month spending history for each expense category. Should you find yourself consistently overspending a category, go to your plan and increase the budgeted amount.
Based on the budget you set, One Budget will give you a 12-month report on the savings you should expect at the end of each month. The report is updated to reflect any ongoing spending outside of your budget, or any changes in the dates or the amounts of your planned expenses. So this is how One Budget enables you to manage your finances with ease, accuracy and confidence.
One Budget is a free download with a 3-week trial period. You can buy the full version at any time via in-app purchase. One Budget will be available on the App Store starting January 31.