Money Forecast – Analyze, Control, Plan, Predict, and Track Your Finances (Budget Planner)
iPhone App Review by TheiPhoneAppReview.com
Money Forecast is an very useful personal finance tool that provides budget forecasts to help users make smart money choices.
Available for just under a dollar, this app is designed to make budgeting a breeze.
The full name of Money Forecast, by Christina Schoeffmann, really says it all: Money Forecast – Analyze, Control, Plan, Predict, and Track Your Finances (Budget Planner).
It’s an app that does just like its name suggests–it provides you with a prediction of how your accounts may look in the future, should your current trends hold.
To use this app, you simply enter in your bank account information as it currently stands, while also inputting data regarding your current spending trends in various categories as you see fit to mark them (food, gas, rent, etc.).
At the same time, you’re also given the option to input any incoming monies from your salary and other sources. Money Forecast then does the math for you, showing you exactly how your bank account will increase or decrease, based on your self-reported spending and earning habits.
This “look forward” is also very helpful if you want to avoid overdrawing your checking account.
If desired, this app can also be used to analyze your past spending/earnings as well.
Appearance and Layout:
“Simplistic” is probably the best way to describe Money Forecast’s appearance. There are no frills to this app–just a very clean, basic user interface. The question, though, is not whether or not a personal finance app is flashy, but rather can it be designed to be simple to use so you can do what you have to do accurately and quickly?
Navigation is performed through well marked tabs at the bottom of the screen, and inputting your data is fairly simple to do.
So, while the answer is yes for inputting data and getting around the app, a little more effort in improving the visual appeal of the app, and especially visualizing the data you’ve entered and the app’s forecasts, would have been appreciated. What is there was done well, the forecast chart has a nice feature that allows you to horizontally swipe over the chart to jump to the corresponding transaction/day in the list, and it’s an excellent foundation to build on.
As it stands, this app is quite competitive and offers users the interesting addition of forecasts, but to really shine above similar apps, a more impressive range of graphics is needed.
As mentioned earlier, this app currently costs $0.99 through the iTunes Store. It’s an easy to use budgeting app that offers a few different tools not featured in some of the other more popular, budget-focused apps.
Specifically, Money Forecast is mostly geared towards helping users realize how their current bank accounts will either grow or dwindle in the future months, instead of being focused on providing users with reminders to stay within their desired budgeting categories.
Overall, Money Forecast–Analyze, Control, Plan, Predict, and Track Your Finances (Budget Planner) is a useful app that fills a definite niche and does its job well–even if it does do this with a simplistic appearance.
Money Forecast requires iOS 8.0 or later. Compatible with iPhone, iPad, and iPod touch. This app is optimized for iPhone 5, iPhone 6, and iPhone 6 Plus. A small expedite fee was paid by the developer to speed up the publication of this review.
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