I tried 4 free apps to see how fast I could set up a budget on my phone. Pocket Expense, Good Budget, Daily Budget, and Fudget. I suggest using Fudget. This is the easiest way to create a budget and view it. Other apps can be tied to your checking and credit card accounts, show analysis and other good stuff. Go for it if you have time. But if you don’t have a budget, this is the easiest way to start. Try it out.
Fudget: budget planner & personal finance tracker
- Download the free App
- Create a Budget and name it.
- Enable Dates (this is optional, I think it helps for bi-weekly planning)
- Add Incomes
- Add Expenses (include savings, vacation, christmas)
- Look at your balance.
If your balance is negative, you have a problem. Adjust your expenses. I’ll create another post of reviewing your budget vs. actual spending. If this is your first budget. Congratulations, you just made a huge step in your financial success!
Check out the cool chart to see where all you money goes