Sometimes managing your finances is harder than earning the money in the first place. Thanks to our modern technology, though, there are now a lot of interesting and creative ways for you to keep track of your spending. For example, you can use a smartphone to track everything from your investments to your daily spending.
Ready to get your finances on track? Personal Capital's free financial dashboard is our favorite tool to track your cash flow and calculate your net worth. Link your accounts and keep up with your money all in one beautifully presented and easy-to-read dashboard.
1. Money Calendar
This app is best for managing personal expenses, but it can also work for simple business income and expenses. It’s a desktop-based app that lets you project your account balances and overall savings easily. You can divide your expenses into different categories. And it gives you several auto-generated charts to keep tabs on your spending month by month.
With Money Calendar, managing and maintaining multiple accounts is a little easier. It has multi-currency support, so you won’t have problems when transferring money between accounts. Monthly budget and expenses are easy to monitor because of the clean layout of the calendar.
Rylstims images are colorful and attention-getting. You’ll find the graphics good and easy on the eyes. This simple-looking layout holds more than meets the eye.
2. Calendar Budget
Calendar Budget is best for your desktop. It’s a simple app that allows you to do a lot of things for your finances. You can keep track of your money using a calendar that acts as a financial planner. Your budget is categorized, so it’s easy for you to take note of every financial move you make. You can set your expenses to different frequencies: one time only or repeat. If you repeat a particular expense, it will automatically update according to the time that you set it to. No need for you to worry about forgetting to set it up.
Calendar Budget also shows your daily expenses. What’s more, you can program future expenses and set financial goals. You can also bookmark important financial events the same way you do with all those parties you attend. Finally, to make sure that you never pay a bill late, you’ll get email reminders before your bills are due.
3. PNC’s Virtual Wallet
This budgeting tool requires an actual bank account with PNC. But it can be a good option if you're also in the market for a new checking account. Virtual Wallet actually comes with several budgeting tools, including a money bar that lets you quickly see how much you have in spending, saving, and long-term savings categories. But it also has a calendar that shows your upcoming transactions and a projected account balance.
If there's a particular time of the month when it's easier for you to overdraft your account, you're in luck. Virtual Wallet will alert you with "Danger Days." These are days coded red on your calendar when you're likely to have a very low account balance and are most likely to unintentionally overdraft.
In all, these are great tools to budget with, especially if you need a simple way to budget through your joint checking account with your spouse or significant other.
4. Google Calendar
If none of these apps sounds appealing to you, you can sort of create your own approximation of a calendar-based budgeting app with Google Calendar. Basically, you color code a budget calendar with scheduled incoming and outgoing transactions, as well as scheduled bills due. You won’t get fancy alerts or balance projections. But this is a simple way to keep track of the ebb and flow of your finances. You can get a more in-depth tutorial here.
Calendar budgeting certainly isn’t the only option. And you might even decide to use a calendar-based budgeting tool in tandem with another of our favorite budget tools, such as Personal Capital. But these options can help you more easily track.