People work hard day and night to make ends meet but only a few manage their finances. It is easier to spend your hard-earned money than it is to track your spending. If you always find yourself in debts, chances are that you spend more than you earn and unless you get your finances under control, you will never get out of debts regardless of how hard you try. If you ask carpenters, they will be quick to tell you that the right tool makes work easier and the same principle applies in personal financing. If you’d want to keep a handle on bills in your pocket, you need an easy budget planner tool and here are few of them to choose one based on your personal preferences.
Buxfer
Buxfer is an online easy budget planner tool that allows you to set your spending limits uniquely, that is, weekly, monthly or yearly according to your personal preferences. With Buxfer, you can set up weekly limits for eating out with your family, as well as limits for grocery spending every month to ensure that you don’t overspend. The system auto-tags every transaction and sends mobile alerts anytime you exceed a specific budget. What’s more, Buxfer reminds you of any upcoming bill to help you prepare accordingly.
Budget tracker
Budget tracker is yet another easy budget planner tool that never disappoints. The goal of a budget tracker is to help you keep track of your expenses and income and lead a debt-free life. This tool is the best for anyone willing to set their financial goals and also for anyone who wants to teach their children how to budget. For example, you can give your kids a section within your family budget for them to manage their budgets and accounts. The only thing you’ll do is to give them direction on how to add any expense to the budget and they will quickly understand how it works.
MoneyStrands
MoneyStrands allows you to view your income and how much you spend in a calendar-based view. With MoneyStrands, you can track your cash flow and any chances of low cash reserves to prepare adequately. What’s more, this tool helps you set budgets and savings goals and allows you to spend effectively without necessarily breaking the budget.