Big Spender

Please note that this is NOT a sponsored post. I simply found a great tool that helps me out and would love to share it with you!

I am a bit of a spender when it comes to my money. I always have been, and I am always looking for ways to curb my spending, and remember my bills. I'm the person that pays for a paper bill, rather than email because I can never remember to pay them otherwise. I despise direct debits because I have to remember to make sure there's money in the account.

I posted last month about the system I use for my budget. Although this system works well, I still found that I was spending so much money, and I had no idea what on. Bills were starting to get forgotten, or only partly paid. 

So I headed to the app store on my iPad in search of an answer, and my purse is thanking me that I found one!

The app is called ExpenSense HD and I paid $0.99 for it (though it may not stay at this price). I am using it in conjunction with my current budget system. 

It is so simple to use, with an easy way to add an expense, or purchase, or an income. You can also input recurring incomes or expenses. I love this function, because it means that the app really runs itself, and I only need to put in any purchases that I make.

You can see a full screen of your accounts. I have put in all of my accounts, including my credit card and car loan (these can be in the minus, so that when you transfer money into them, you can see what you have outstanding). I also have a cash account. You can transfer money from one account to the other, so when I take cash out, I just transfer it from my everyday account to the cash account on the app so I always know how much cash is left. 

Every purchase you make needs to be entered into the app. It really is so easy and I just ensure that I collect receipts for everything, and then spend 5 minutes at the end of the day going through them and entering them.

Entering recurring expenses, incomes and transfers is easy and takes very little time.

This is my absolute favourite feature. It will give you a chart showing where your money is going for the month. It is very visual so you can see exactly what you are spending your money on. 

It also has a budget function that I don't really use as it is monthly, and I budget fortnightly.

So has it worked? Well, last pay has gone on exactly what it was supposed to. All of the bills are paid, my car has been paid for and everything else. I know how much spare cash I have left, and what still needs to be paid for. This app has become a huge part of my budget system!

Do you use technology for your budgeting, or pen and paper?

How does your budget work for you?

Linking up with Jess at Diary of a SAHM for IBOT