Budget50: 50/30/20 Rule

AppDBR

Contains adsIn-app purchases

About this app

Your budget will be your guide towards the financial freedom you seek.
Create a budget for yourself every month.
• Keep track of all your income
• Split your income using the 50/30/20 rule
• Be aware of your spending habits and cut back

FINANCIAL NEEDS
Your needs are:
• Utilities
• Housing
• Transportation
• Food, water and clothes
The app helps you to keep your needs at 50% of your total net income.

FINANCIAL WANTS
Your wants are:
• Clothing that isn't essential
• Dining out or ordering take out
• Hobbies, traveling, large house, and new expensive car
The app helps you to budget your wants within 30% of your monthly net income.

SAVINGS
Pay yourself every month towards:
• Retirement or long-term savings
• Short-term savings for a new car or vacation
• Emergency funds of 6-12 months of living expenses
Put 10% of your net income towards savings each month.

Ratings and reviews

Really like the app and see a lot of potential in it so I paid for the upgrade. I love that it auto-budgets for me between my needs, wants, and savings. I hope that for future updates, the developer includes monthly overview to see how I'm sticking to my budget over the year and an option to add notes to expenses. I'm excited to see where the developer takes the app!

There is no delete feature. If you purchase an item and then return it, you can't add that income to just your wants or needs. All income is split into the 50/30/20 model. So if you want it back in your grocery budget, you can't do that. You also can't change a category if you make a mistake, but you can change an amount. There's no tutorial, and the app isn't very intuitive.

I like the app in that it was what I was looking for (50/30/20 budget rule). I did the upgrade for additional categories & that's fine. Suggestions to make this a better/ more useful app 1. Have option to delete/reset. 2. Options to track your budget on monthly basis; each month you have to start again. 3. Make updates regularly to the app.

What's new

- Stability was improved
- Bugs were fixed