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There's a certain variety of budgeting I've yet to see, but that I think would be very valuable. It's something I'd pay a decent amount for, actually. The maj
by Zikes 13y ago
There's a certain variety of budgeting I've yet to see, but that I think would be very valuable. It's something I'd pay a decent amount for, actually.
The majority of my expenses and income are very predictable, such that I get paid every N days, I get billed X every Y days, etc. I would like to see an application that tracks my balance for every day, from now and into the future, such that I can see my predicted balance on, say, February 21st.
It could also tie into my bank account and track current and past spending, both to recognize recurring events and to update the current balance, which also cascades into all the future predictions.
- myleshenderson 13y agoI downloaded Microsoft Money Plus Sunset yesterday to get access to that very feature. It doesn't do the online updating, but the 'project future cash flow' feature is very valuable to me.
- sksksk 13y agoThe banking startup simple has a feature like that called "Safe-To-Spend" https://www.simple.com/goals/ https://www.simple.com/goals/
- herbig 13y agoI just switched to simple, and am liking it so far. The design and functionality is, well, simple.
- danielweber 13y agoI'm nearly positive I've seen that in Microsoft Money, and pretty sure I've also seen it in Mint.
- cleaver 13y agoI think I recall that feature in Quicken, although I've long since sworn off using products from Intuit.
- bkmartin 13y agoI believe it was in Quicken, but the projected daily balance stuff is not in Mint. Its been something I've wanted and just started to write for myself. If I get to a point where I feel its actually useful for me, I'll consider doing something outward facing.
- Zikes 13y agoI use Mint and they're pretty close. They do have bill reminders with dollar estimates (for things that fluctuate, like electric/water), so it wouldn't be much of a stretch for them to add balance projections.
- ianlevesque 13y agoI've actually been building this the last few months. One of the subtleties are bills or payments that appear on weekdays only, or the nearest weekday to a given date. I'm being careful to handle all these edge cases. I have pretty good credit card projections implemented as well, including the rules for computing minimum payments.
- bkmartin 13y agoI just started down this road myself, is this a webapp, android, ios? How long until its ready for the public?
- ianlevesque 13y agoI'm making it a webapp. If you look at my profile you'll see I do tons of mobile work but I think something like this is better suited to a computer than a phone.
- Zikes 13y agoFor mobile integration I highly recommend a CalDAV[1] feed. This sort of budgeting really makes a calendar view essential, and CalDAV integration with the phone's own calendar seems ideal. Beyond that, some minimal mobile access would be nice for things like adding/modifying recurring events, updating the balance, or entering a new one-off debit/credit. I stress this because I think for a lot of people budget applications provide a peace of mind, and it's nice to be able to check in on and confirm these things while you're on the go. [1] http://en.wikipedia.org/wiki/CalDAV http://en.wikipedia.org/wiki/CalDAV
- ianlevesque 13y agoThat's neat I hadn't considered CalDAV. There'll be a mobile stylesheet at least, I want that for my own use.
- Killswitch 13y agoThank you! I keep seeing these money management apps pop up, and I have yet to see one that's actually useful.. One that does what I want... What you just described. I find if I have to input every little thing into it every day manually, I'm just going to get bored with having to interact with the app so much and then stop using it.
- dsk139 13y agoThere's an app for this. Dollarbird - https://itunes.apple.com/us/app/dollarbird-personal-finance/id665003358 https://itunes.apple.com/us/app/dollarbird-personal-finance/... it does exactly that for me. It does not tie to my bank account though it's all manual input (but you can schedule in recurring payments/income), which is actually good for me because I dislike miscategorizations
- Zikes 13y agoNice! That calendar interface in the first screenshot is almost exactly what I imagined. It's a shame I'm on Android so I can't try it out, but it's good to see there are good apps for that sort of budgeting.
- Gyongyi 13y agoHey Zikes, The Android version of Dollarbird is actually already in the pipeline, most probably coming out sometime in February. So if you'd like to be updated about this you can sign up to our newsletter here: http://dollarbirdapp.com/contact/ http://dollarbirdapp.com/contact/ Cheers!
- Zikes 13y agoI'll do that, thanks!
- mon22 13y agoIs there an app that is also centered around events and trips? Most apps classify expenses as travel, food, lodging. I want to see my transactions grouped by the excursions I've made to see which events I spent the most on.