In the iOS app store there are MANY personal finance management apps to choose from. Some are very complicated. Almost too complicated if you ask me. I think app developers have tried to throw everything but the kitchen sink into their apps and sometimes that is to the detriment of the apps usefulness. On the contrary the SAYE personal finance management app, by Timothy Chan, is simple and to the point. It tracks expenses and it tracks income.
Users start up the app and see a timeline of activities. Along the bottom of the screen is a button bar that has the buttons “Timeline”, “Summary, and “Settings”. Summary takes users to the summary screen that shows a summary of income, expenses, savings, withdrawals, and a balance. Users can see the summary for the current day, for a specific day, for a specific month, or a specific year. The settings screen lets users setup income, expense, and savings categories. The app is free but there is a one time in app purchase users can buy to remove the ads that show up on the screen. However the app functions perfectly fine with the ads running as well.
App Functionality and Usefulness
The SAYE app is very good at tracking expenses for those that make a habit of using it. I imagine a person could get very detailed creating specific categories for all kinds of expenses and income. And the summary screen would be somewhat helpful to see as well. It’s a nice simplified personal finance tracking app. That being said there are a few things that I feel this app is missing. One is passcode security. If you use this app on your phone and someone gets into the phone there is nothing preventing them from seeing your budget information. Another is any kind of charting. It would be nice to see a percentage breakdown in either bar of pie chart form so users can see their expenses at a glance. The charting is a nice to have but the lack of security is a bit of a deal breaker for me personally.
Based on the apps simplicity and ease of use I give this app 4 stars. I would have given this app a 5 star rating but the lack of security is something that I really can’t look past.