No matter where you go, you will find hundreds of people pinching their pennies in hope of sparing themselves from the upheaval of this economic downturn. It seems the only way to keep money in your pocket is to count every dime that graces the palm of your hand. But, if you’re lucky enough to own an iPhone or iPod Touch despite all your money-saving efforts, there is an application that may just help you track your expenses and save money so you can keep that ridiculous phone plan.
Toshl by 3fs promises users a secure and beautifully organized finance tracker that allows users to record their spending and hopefully save on bills in the long run. Designed with simplicity and ease in mind, entering your information is quick and can be neatly organized by breaking your expenses into tagged groups.
When you startup Toshl, the Timeline will appear as your main screen, which is where you will be able to view all of your listed expenses. Tap the clock icon in the top left corner to change which expenses appear, choosing the last 30 days, all time or a specific month. To begin entering expenses, tap the ‘+’ icon in the top right corner to enter the amount spent and tag the expense in order to categorize and organize. You may create new tags or choose from any you have already created. After this, you will be asked to confirm the date of the purchase with the ability to add a description for later reference. You will then see your total spending added together on the main page so you can see your overall amount spent.
The ‘Tags’ tab will let you monitor your spending according to how you have broken them down into categories. Each category will display your individual purchases as well as the overall total spent under each category. Under the ‘Settings’ tab, users can login or register with Toshl.com to gain access to graphs, data export and free backup via Wi-Fi or mobile synchronization. Users may also choose to change their currency or manage multiple persons with the same account.
When you visit the Toshl website, you also have the option of upgrading to Toshl Pro. For $19.95, Toshl can gain access to all the online extras not available within the application itself. Users may utilize not only those characteristics available with Toshl, but also the added convenience of being able to add or edit expenses, export information via Excel, Google Docs or PDF format, monthly email notifications and numerous other features. For those serious about tracking their expenses with a watchful eye, this may be the perfect way to get started.
Toshl requires iPhone OS 3.0 or later and is compatible with iPhone and iPod Touch. A small expedite fee was paid by the developer to speed up the publication of this review.