Friday, June 26, 2009

BudgetCare - Cell Phone Technology

This iPhone application is used to track personal expenses from your cell phone. With this application, you are able to enter new transactions by recording an amount, a category (food, shopping, bills, etc.), and the date. This transaction is then saved and recorded in your statistics. These statistics make it easy to see the breakdown of money that you spend and the category in which you spend it. You may also choose to view the daily, weekly, monthly, or yearly statistics. The statistics section also has a pie-chart feature in which the categories are broken down in to pie-chart format, enabling you to easily view where your money is being spent the most. The budget and balance section allows you to set a monthly budget and view your current balance as well as how much you have spent in the last week. In the settings section, you can choose your desired currency and manage your categories.

This cell phone application can become very useful in daily life. It can be used every time

you spend money. The best part is that you do not have to wait until you get home to record your expenses. This application is convenient because you can enter

the transaction the moment after you make it. Also, by being able to see which categories you spend most of your money, you can make certain changes in your spending behavior. Perhaps if you spend a chunk of your income on eating out, you can reduce eating out by a certain percentage and that extra money can go towards something more important.


Resource: http://www.budgetcare.com/#main-screen

3 comments:

  1. the only thing i was wondering is if you loose your phone, will any important information be stolen..like your credit card number and how would you delete this if that happens...i liked all your post and blog, very informative

    ReplyDelete
  2. This is another one of the useful apps the i phone has and it very useful and lets you keep up with your expenses.

    ReplyDelete