The next step after recording the incomes and expenses is to review them, study your spending pattern and adapt it to your financial ability. Money Lover's powerful reporting features will help you understand where your money has been spent on. From there, you can easily plan and adjust your expenditures. Overview Balance indicates how much remaining money in this wallet (account). It's similar to balance of bank account. Overview sections…
What's budget? It's is simple plan to spend money. For example, you plan to spend only $600 for food this month [ in order to save money for a new phone]. Read on: You don't need budget spreadsheet After using Money Lover to keep track of your spending and income for a while, you are able to understand more bout your spending behavior. For example, how much you spent for Food,…
Writing down what you have spent for later review is one vital part of becoming a smarter spender. With the help of Money Lover, you can easily and quickly track the changes to your finances. A Transaction is a variance to your current balance. It could be an income, an expense, or a non-reporting transaction (e.g. a debt or loan). (We use screen form Android devices, it's same to…
