Financial experts routinely recommend that their clients create budgets in order to see where their money is really going each month. Spendful is a fun, free app that can help people achieve that goal. The personal finance and budgeting application offers all the tools necessary to create comprehensive family budgets in just a few simple steps.
Enter your email address and select a password to begin using Spendful, then create a name for your new budget – like Family or Personal or Savings, for example – and select a currency. Type in your starting balance, which is however much is in your account right now, and choose how frequently you’d like to get email reminders from Spendful about your budget. The way that budgets work with Spendful is incredibly simple. Rather than pulling information from your accounts, Spendful users manually enter their income and expenses themselves. Each time a check comes in, you can head back to the site, click the + icon, and enter the amount you brought in. To make the process easier and reduce the time you spend entering your paychecks and bills into the system each month, you can create recurring items in your budget, as well. The more recurring items you put in, the easier it will be for Spendful to predict where your balances will be in the future.
Although Spendful is perfect for individuals and families who need a good way to track their income and expenses, it can also be used by small business owners, freelancers, and groups of people saving for a common goal, like a joint vacation. Users who upgrade to paid accounts can get additional features, like the ability to see their budget forecasts up to 50 years into the future, and create backups of all their budgets.
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