iBearMoney Keeps Track of Every Penny

Written iPhone App Review

Price: Free    Score: 8/10    By Shaun Campbell Money -FREE- 3.4 (iBear) ??

iBearMoney is a feature-rich money management app from developer iBear Software. With iBearMoney you can track your income, expenses, assets and also liabilities all with multi-currency support.

There are a whole raft of personal finance apps available on the iTunes App Store, but few of them provide the facility for such in-depth and detailed financial book keeping as iBearMoney. This is a huge plus for people who want all the features, but it does have the flip-side of being overly complex and cumbersome for the casual user. However, iBearMoney was not developed to be just another basic budgeting app – and it does what it intends to do very well.

The graphics and interface are very clean and attractive – every type of transaction category even has its own unique icon. The reporting is also extremely solid. You can view both your expenses and your income as color-coded bar & pie charts, in addition to tabulated daily, weekly & monthly summaries.

iBearMoney allows you to keep track of literally everything that goes into or comes out of your wallet. Features include:

  • Track expenses
  • Track income cash flow
  • Asset & liabilities transactions
  • Customized income/expenses categories and subcategories with user selected icons
  • Personal balance sheet
  • Personal income statement
  • Unlimited number of cash accounts
  • Unlimited number of user profiles
  • Export transaction data
  • Password protection for user profiles
  • Multi-currency support – update exchange rates online for over 30 different currencies
  • Currency Converter
  • Budgeting
  • Templates for quick input
  • Detailed reports – Bar graphs & Pie-chart diagrams
  • Continuous improvement and free updates

iBearMoney v2.5 requires the 2.1 software update and is compatible with both the iPhone & iPod Touch

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6 Responses to “iBearMoney Keeps Track of Every Penny”

  1. isabella says:

    hi, is the sale still on? i can’t seem to find the app on sale anymore. thx

  2. Hi isabella. I just checked – seems like the sale is over, its back to $9.99 unfortunately

  3. Polonaise says:

    This app is really good. I use it everyday to record all my transactions, assets, liabilities, etc. I think it’s the best finance app I’ve ever used on iPhone. Five stars!

  4. Erica says:

    I’m having problems updating the currencies. Any similar problems?

  5. alex sabonge says:

    this app is great but kind of expensive, another one i use is budget planner. it has great features.

  6. Bruce says:

    It may work for iPhone.

    It is a piece of garbage for iPad still. I paid $20 for it and it came full of bugs and with no budgetting although budget is supposed to be part of the package.

    To make things even worse, yesterday I lost all my data. I tried to restore a backup file still from yesterday and somehow the backup used by iBearmoney was neither the one I selected nor mine.

    The backup was done with a file who knows where that came from, or whose backup file that is!

    Stay away from this product. I want my $$ back!

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