One of my goals this year is to continue to keep track of my expenses and manage my personal finances. In 2012, I started using an awesome personal finance app called Expensify and so far, it’s been great at helping me keep track of my expenses and vastly encourages me to stay within my monthly budget.
But I can’t really say that Expensify is the ultimate mobile personal finance app. Yes, I love its simplicity and how it lets me organize my expenses into categories, take pictures of my receipts, and generate detailed expense reports. However, I feel like it lacks a couple of features like tips, budget tracking, and financial calculator.
So I downloaded more mobile finance apps from the App Store. There’s Mint.com, BudgetTracker, EEBA, Spending, and a few others. I wanted to try using them one by one so I can find the app which will help me me me keep track of my spending (and where my money goes) and aid in managing my monthly budget as well. I want to accomplish so much as far as personal finance is concerned so if ever I come across a nifty application that’s packed with lots of useful features, I’d jump ship in a jiffy!
It has been 12 years since I obtained a degree in Psychology. As a psychology graduate from a Jesuit university in Mindanao, I imagined myself to have a degree in medicine somewhere down the road or at least have a rewarding career in human resource management.
Oh I had a short-lived career in human resource management. How long was it — a year and half? I was a human resource assistant for a year then an human resource officer for 6 months. I don’t even remember if I truly enjoyed what I did.
And then I decided to study nursing. It took me 3 years to obtain my degree and another year to finish all my licensure exams. And after accomplishing all those things, one would think that I’m now gainfully employed at a tertiary hospital here in Davao City. But what I’m doing right now is totally different from my profession.
As an adult, one of the tasks I have to accomplish on a daily basis is managing my finances. I’m still single and still live with my dad so I don’t worry about “grown-up” stuff like rent, mortgage, or clothing and tuition for the kids. I don’t have a car so I don’t worry about gas and repairs as well. But the thing is, I do take care of some of the bills at home and I have stopped asking my father for allowance (LOL!) so there’s still a need for me to work within a budget and keep track of my spending.
A few years back, I kept a small notebook for keeping track of my expenses. I wanted to know where every peso went so I would religiously record each and every expense and read my entries before I sleep at night. It was quite tedious because I had to bring my notebook everywhere I went lest I forget my expenditures for the day.
Luckily for me, I now own a couple of iOS devices so managing my finances is way easier than it was a couple of years ago. There are a lot of finance apps available for the iPad and the iPhone that allows users to manage their budget and keep track of their spending efficiently.