The first step to reigning in your finances is keeping track of what you spend. Experts used to recommend writing down expenditures, or using some sort of setting goals worksheet but with technology being as advanced as it is today, cash logs are quickly becoming a thing of the past. Mobile apps are readily accessible and easy to use. There’s a variety of personal finance applications that do all the grunt work for you. Wally happens to do just that.
If you’re struggling to keep track of your finances and the receipts that you’re given after a purchase, you’ll find it a valuable, mobile tool to have on hand, especially with my grocery budget. Available through iTunes, the personal finance app is one of the best of its kind. Complete with all the tools you need to track your spending, you won’t need to download multiple apps to manage your expenses.
Here is what the Wally app has to offer:
InstaScan. Scan, save, and add up receipts using the app’s unique feature. You’ll never have to worry about a lost slip of paper again. Use your phone or tablet’s camera to take a photo of your receipt wherever you are. It’s that easy.
Categories & Aspects. This option allows you to attach a “why” to every expense. Categories include: Leisure, Work, Family, Vacation, and Other. Aspects include: General, Personal, House, Food & Drinks, Transport, Clothes, Fun, and Misc. See what a majority of your monthly budgets goes to pay for.
Log and Review Your Expenses. Log the amount, venue, time, category, and aspect of your expenditures. Add notes to each if necessary. Wally can tally up everything for you automatically. View how much you’ve spent in a day, a week or a month.
Global Currencies. No matter where you go and what type of currency you use, you’ll be able to keep track of your expenditures. How handy is it to travel to different countries with an app you know and love?
100% Security. Information is not stored on Wally’s servers. You have the peace of mind of keeping your data private. You also have the convenience of sending your information to yourself via email.
Wally is available compatible with iPhone, iPod touch, and iPad. It requires iOS 5.0 or later. This app is optimized for iPhone 5. The personal finance app is free. Unlike some apps, there is no upgrade and absolutely no ads so you can focus on the task at hand which is managing your finances.
With so many resources available to help you keep track of expenditures, there’s no reason for you to be in the dark where your finances are concerned. Mobile apps make it easy for you to log and account for every dollar that you spend. Take charge of your budget before your debt takes charge of you. This might be a good time to check if you need a budget review.
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Filed Under: saving money
About the Author: Charissa Arsaoui is a freelance writer with a love for thrift. She contributes to many different personal finance blogs.