Simpler Budget is an application for Android that simplifies budgeting. This tool is accessible to everyone, regardless of their financial expertise.
Basic opportunities
The main functionality of the app is expense tracking. Users can easily log their daily expenses by categorizing them into predefined categories such as groceries, entertainment, car and auto, bills, etc.
In addition to tracking expenses, the app allows you to manage your income. It is possible to input sources and amounts as well as attach bank cards or accounts. There is a dashboard with a comprehensive view of your financial situation. This feature helps understand cash flow and plan future expenditures.
Moreover, you can set monthly budgets for different categories based on your income and spending habits. The app provides visual indicators that show how much of the budget has been spent. It is possible to track your financial situation throughout the month.
There are reports and analytics as well. Users can view graphical representations of their expenses with charts. Another feature is the ability to set financial goals. It is possible to save for a vacation, pay off debts, or build an emergency fund. The utility allows tracking their progress.
Premium options
Please note that the application offers a wide range of premium features available after subscribing. They include automatic synchronization of transactions, while you no longer have to enter data manually. Furthermore, there are weekly live broadcasts and classes on the topic of lending, investing, real estate, and so on. There is an opportunity to talk with the community, ask questions, and receive feedback. Mini-courses and lessons are also offered to improve financial literacy.
Features
- offers various budgeting tools, similar to Goodbudget;
- allows you to manage your income and expenses;
- users can set monthly budgets for different categories;
- the app is free to download and use;
- compatible with current Android versions.