YNAB

YNAB is a useful application for cell phone, which can be used to manage the family budget. Thus, the user can enter data on expenses and income, and then track them by category. The utility is able to give advice for more efficient payment of debts, as well as the accumulation of finances.

Features

The user is required to manually enter data on where they spend money. Thus, it is possible to allocate spending to the categories of groceries, entertainment, utilities and transportation. At any time you can open the history to see the amount of money spent and analyze the total spending on different categories. Such transparency in the work of the system makes it possible to track overspending more effectively. Based on the data obtained, you can cut costs where current expenses allow you to do so. Note that YNAB has several additional functions for more convenient use. For example, you can schedule expenses by simply transferring them to future days. In this case, all changes will be made automatically. You can also share one account with several family members, which allows you to track expenses much more accurately. The most important disadvantage of YNAB is the lack of localization into Russian, as well as work exclusively in dollars. That's why you can download an application called "Budget". It has the same capabilities, but allows you to independently choose the desired language, as well as the currency used.

How to pay off debt

The user can enter their accounts in debt status. In this case, a minus will appear there, which will increase as you spend money from this account. By adding income to the balance, you will pay off your debts. Since the reporting is accurate and visual, the user will be better able to make the right decisions in terms of family economy.

Main features

• The program is designed to keep a family budget;
• You can enter income and expenses in different categories;
• Allows you to record debts and create savings;
• Keeps transparent statistics.