Money can sure go out in a flash, and that’s why it’s a good idea to keep track of where it goes. Spendee is a new app designed to do just that by tracking your personal finances on the go with your iPhone. There are a number of finance managers out there, and there are two disconnect groups that change functionality based on the personal information you offer. Some apps ask for account information for automatic tracking of expenditures, while others rely on manual entry of amounts to be more secure. Spendee is in the latter category, and for those that don’t want to provide their financial account information to a third party, then it may be right up your alley.
The value of Spendee is dependent upon how you use it, and if you remember to use it often, then it will be of great use. Adding a single expense is as easy as pressing the plus button on the home screen, typing in the amount, and setting a category. It’s best to use Spendee on the go right when you rack up expenditures, or generate income. You can always add in amounts later, and there’s also the ability to set-up recurring payments, add notes, and insert photos (like bills, receipts, items) into any entry. Again the main use is in remembering to use it, and you can set-up daily reminders to enter your finances for the day at a certain time so that you’re always on top of your money.
Once you start entering amounts, you then have an overview list that you can dive into with various charts. The app automatically creates line graphs to show your expenditures over time, and it can also set-up pie charts to provide the category breakdown. There are a number of customization options as well to fine tune the data, and there’s also PIN code protection, iCloud back-up, and export options. All of the features are tied together with a clean, white, and flat interface that fits the style of iOS 7 with colored accents to indicate debits, credits, and categories. The app isn’t necessarily revolutionary, but it’s a very refined version of a finance tracker to offer the most of what you could ask for in this type of app.
Spendee ($1.99, iPhone) is a valuable new utility that can be a part of your daily routine to stay on top of your finances.