Budget Balance – Review – Keep tabs on your money with this useful app

By
On July 24, 2012

App Type: Uncategorized

Budget Balance – Review – Keep tabs on your money with this useful app

Our rating:

By: Umbrella Corporation

Version #: 1.1

Date Released: 2012-07-14

Developer: Umbrella Corporation

Price: 4.99

User Rating:
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It is always great to keep track of your daily expenses with a digital tracker on your mobile device. Budget Balance makes it very easy to do so and even allows you to set a spending limit for yourself.

In Budget Balance, users can enter their monthly salary into the app so that it can compute your spending power and accordingly set a budget for you. Following which, the app will calculate how much you can spend on average per day based on this monthly salary as well as the percentage of budget you have left for the month. Users can also log their expenses and supplementary income and the app will update itself accordingly.

Budget Balance can also generate year round comparison reports that show your income details pit against that of your expenses.

Navigation around the app is made easy with a very basic menu and layout, despite the many features that come with it. However, although it is very simple to use, the app could do with a better design.

Entries can also be made easily and are neatly subdivided into their various subgroups. Icons separate them into the various fields such as clothing and food, and even specifics for the actual item itself are also available for entry. Users can also geo-tag the purchase to a particular location as well as upload an image of the product or even enter a note with comments on the purchase.

Priced at $4.99, I found Budget Balance a little on the expensive side of things but it was still a worthwhile investment. It made my purchases a lot clearer to me and I found it easier to keep tabs of my money. Of course, I did log the purchase of Budget Balance into the app itself.

Quick Take

Value:High.

Would I Buy Again:Yes.

Learning Curve:N.A.

Who Is It For:Anyone who needs something to keep track of his or her expenses.

What I Like:The simplicity of the app despite the many features.

What I Don't Like:The visual design of the app.

Final Statement:I strongly recommend this for download.

Read the Developer's Notes:
When was the last time you tracked your budget? did you try to save your budget before? If these questions leave your stumped and have you skimming through your service records, it is time to track and manage all your budget details in a smarter manner. Budget Management couldn't be simpler and easier with an app like Budget Balance that helps you get the most out of your Budget.

Budget Balance is the ultimate tool for Budget Management. Stay on top of your expenses, incomes and salary requirements and detect potential problems well before they arise. keep management for your salary , incomes and expenses with just a few clicks.

Budget Balance offers many unique features, including:

Managing Transactions:
- Simple clicks for entering transactions.
- Choose category, Cost and sub-category (that's all)
- Allow creating unlimited customized sub-categories.
- Locate transactions on a map (which helps determine all transactions locations).
- View transactions by day/week/month/year.
- View transactions by location.
- Animated Pie chart for transactions categories

Managing Recurring Transactions:
- Simple clicks for entering recurring transactions.
- Choose recurring type by Daily/weekly/bi-weekly/monthly/yearly

Reporting:
- 3 reporting types Income/Expenses/Income vs Expense reports
- 3 reporting charts types Trend/Pie/Bar
- Choose your reports for different periods weekly/monthly/yearly/all
- Generate PDF for reporting types within any mentioned period

General Features:
- Easily track expenses/incomes/salary and balance.
- High-resolution graphics; iOS 5 and Retina display support.
- Extremely lightweight and provides great performance, even on older devices.
- Suitable for use in any country supporting all worldwide currencies
- Backup and restore with simple clicks.
- Full application help.

Your comments, suggestions, and feedback are welcome to [email protected]

Article By

A water polo player from Singapore, Wei Jie devotes most of his time to training. However, when he's not occupied by water training or pushing himself in the gym, expect to see him squinting at his iPhone testing out new apps.

eng-wei-jie has written 308 awesome app reviews.