Money Spending Tracker App

[Sam]

Hey Guys,

I’m curious if any of you guys use any money spending / tracker apps?

I want to try one for a couple of months to see how much money I’m actually spunking away.

I’ve seen a few in the App Store but I think you have to pay for them.

I don’t mind paying for one but want to know if it’s decent first.

I’m on iOS by the way.

[emoji16]

 

[sburrell93]

Are you looking for an app you can input all the data into yourself or something automated?

If you're after something automated I'd recommend giving money dashboard a go. I've used it for a while now and it's been a total godsend for working out where money goes. Fetches your transactions automatically, has a budget planner etc to give you an idea of what's still to go out before payday. The phone app has only just started getting decent tbh but the web app is great. Oh, it's also free!

 

[TheEvilGiraffe]

Download your account breakdown off your online banking into excel.

Split out how much goes on fixed bills .. fuel.. food shopping and then see where the rest goes.

Simple.

 

[Sam]

Are you looking for an app you can input all the data into yourself or something automated?

If you're after something automated I'd recommend giving money dashboard a go. I've used it for a while now and it's been a total godsend for working out where money goes. Fetches your transactions automatically, has a budget planner etc to give you an idea of what's still to go out before payday. The phone app has only just started getting decent tbh but the web app is great. Oh, it's also free!

I didn’t know if it could be automated or not so didn’t really think about it. I could try manually entering data for a while. I’m hoping to just find my bad habits.

I’ll look at what you’ve said.

 

[Sam]

Download your account breakdown off your online banking into excel.

Split out how much goes on fixed bills .. fuel.. food shopping and then see where the rest goes.

Simple.

I didn’t even think about doing this. I’ve heard that some banks actually categories transactions for you on there website so you can see where you money is being spend which is a really good idea.

Halifax unfortunately don’t do this.

 

[montana]

I didn’t even think about doing this. I’ve heard that some banks actually categories transactions for you on there website so you can see where you money is being spend which is a really good idea.

Halifax unfortunately don’t do this.

They do and whilst the categories are matched pretty accurately , some can be hit and miss.

I have used the excel approach for years, get a CSV export and dump it into excel , can itemise items line by line. On the RHS I have all the mandatory outgoings , when they go out of the account colour code the expense item.

Can work this up further by bringing in salary and subtracting total cost to see total disposable for month. It's very simple stuff but it works for me. Find what works for you.

I wouldn't be trusting a 3rd party app with all my financial data given the above is so easy to do.

Sent from my Moto G (5) using Tapatalk

 

[182Trophy]

Surely the best start is to get all direct debits/standing orders to come out the day after pay day and also move money to savings/investments (if you do), leaving you left with disposable income. This is what I do. Anything left isn't a worry if it gets spent. Good to see where money goes though I guess.

 

[Oggy997]

If I want to know where my money guess, I just ask my wife.

 

[DrR]

My bank statement is mostly PayPal lol. So no idea what I’ve bought.

 

[botfch]

Lloyds has a free app on online banking that does that, maybe check if your bank does.

 

[welshname]

Downloaded yolt a few days ago. Seems pretty clever tbh. You can re categorise anything it gets wrong and it'll remember for future.

 

[Stay Puft]

Monzo is a new bank, really modern and the app is brilliant, gives pie charts of spending etc.

 

[Advikaz]

f**k that.

I’d be a mess. Rather not know.

 

[Sir_Dave]

I track it all in excel with a monthly cashflow forecast/personal balance sheet - so i know exactly what goes in/out per month & my expected/required financial position in 6-18 months time.

 

[Adamm.]

I use an app called spending tracker. Been using for about a year and a half and it comes in handy to see how much you spend on certain things a month or even by year eventually.

 

[MarkCup]

I track it all in excel with a monthly cashflow forecast/personal balance sheet - so i know exactly what goes in/out per month & my expected/required financial position in 6-18 months time.

I would do exactly this if I actually ever spent any money...but generally I don't, so I don't.