Track Money: Bank Balance Lite
Trying to make ends meet with not enough money in the bank? Income shortfalls wear many cloaks: emergencies, job loss, underemployment, reduced work hours, delayed or no payment for goods or services providedóthe list goes on and on. Often Ö through no fault your own.
Track Money can transform your hand-to-mouth survival mode into a more stable and secure future. Get out of the stressful cycle of always trying to stay afloat. Gain peace of mind with the assurance that you wonít drown during your next financial ìrainy day.î This app will help you be proactive in saving for those inevitable emergencies that can seriously derail those with little or nothing to fall back on.
Savings serve as a form of self-insuranceóthat needed cushion when the unexpected expense eventually hits. Overdraft fees, late fees on missed bills, high-interest credit card fees and payday loans are just a few ways that no savings begets higher expenses. A "cash cushion" can help you eliminate those solutions that only result in more debt and dings to your already shaky credit score.
The Track Money app is based on behavioral economicsóthe "nudge" principle that is a proven and powerful tool for increasing savings. How does the nudge principle work? It ìforcesî savings by automatically building a cushion into every financial transaction you make. The result? Creation of a nest egg and youíll never miss a single cent.
Track Money Key Features:
ï Accepts multiple sources of income: bank accounts, cash, credit cards, prepaid debit cards, government assistance, food stamps, etc.
ï No fees ever-all of your money is always immediately available
ï Manages your budget and expenses anytime anywhereóno internet connection is needed
ï Intuitive and easy user-friendly interface; quick and easy money manager
ï Adds new transactions (bills, income, expenses) with a single tap
ï Processes unlimited expenses/expenditures
ï Backups and restores your income and expenses
ï Supports multiple currencies
How the app works:
ï When you enter an amount spent, the app can increase or you can manually increase the amount by as much or as little as you choose.
ï The difference between the real amount and what you entered is shown as if you spent the higher amount (but, it is still in your account and part of your cash cushion).
ï You have the option to see or hide this "secret savings.î It is always immediately available in the account or on the card.
ï The app also takes your bigger monthly bills (rent, utilities and insurance) and breaks them down by amount per payday. Each payday you "spend" the weekly amount and when you actually pay your bills, you will have the funds available to cover them.
The app is for people:
ï Who struggle financially
ï Who live less than paycheck-to-paycheck
ï Who consider overtime or an extra shift the same as hitting the lottery
ï Who count on an income tax refund to get ahead and pay for some bigger expenses
ï Who don't need a budget because they know where every penny has to go and don't have the luxury of changing that
ï Who sell plasma to get by
ï Who work multiple jobs
In short, the Track Money app is for anyone who experiences month-to-month income uncertainty and wants to be a little more prepared for the next hardshipówhile still just getting by.
If you encounter problems, have suggestions or just want to share on how this app has helped you, please contact me directly: firstname.lastname@example.org.