Several moments ago, SOT has just discussed about personal financial management application, which is Rylstim Budget special for PC. But, what if you’re a mobile students, undergraduate students, or young professional and rare to spend your time in front of PC? Don’t worry, there are also some Android applications for personal financial management, which makes you possible to observe your income and expense, so in the end of the month, you can do review to your expense habit, also managing more specific financial plan for the next month. One application with such friendly feature found by SOT is MoneyWise.
MoneyWise is an application to track free expenditure and income for you who have difficulties to control yourself in spending money. How to do it, is by notice diligently your income and expenditure, then do review to your expense habit, also tried to reduce unimportant points. So, you can spare some money for saving or investing. How about that, it’s quite interesting, isn’t it?
Firstly, you can download MoneyWise for free in:
When you launch this lite and useful application for the first time, you should do some setting. You just have to tap setting in this application interface, then enter to Setting.
If you’re not in US, you need to untick the default currency, because the default currency displayed is dollar ($) MoneyWise almost have every currencies in the world, included in its application.
To manage your financial well, you need to write on your balance, which is the amount of money you hold today in your account. To add account is, by tapping the setting in your Android device, then enter to Manage Account.
Then you can go in to MoneyWise main interface, which is ‘add transaction’ or ‘register’ page. You can insert detail transactions as you wish, started from category, tag, description, and others. Don’t forget to group the numbers you insert into income or expense by tapping “Expense” / “Income” button on the right below.
Your income and expense details will be noted in list feature. To avoid it seemed crowded, you can manage review displayed whether daily, weekly, or monthly.
Balance feature will display your balance, which is money amount you have today. If you diligently do recording, you can review your balance, which is the amount of money you owed today. If you diligently do recording, you can review your income and expense up and down via graphic presented in Graph feature. Budget feature makes you possible to state monthly budget for yourself, then reviewing it in the end of the month, does your income under the budget or over-budget.
Financial management application usage is so that you can track anywhere your money you spend, so you can anticipate by preventing yourself to spend money for the post you considered as not needed. So, you can manage your financial plan better.