Money Manager: Expense Tracker

About Money Manager: Expense Tracker

Financially literate people are distinguished by the ability to correctly count money. They are distinguished by a love of planning, considerable spending ability, and resilience in the face of spontaneous purchases. Willpower? Certainly! Also the ability to manage a personal budget.
Money Manager helps you track your financial activity efficiently and expense
With this application, you will be able to control income and expenses. You can see statistics for a certain period for a certain category.
Application Features:
1. Add income for any of the 9 income categories for any day
2. Add expense for any of the 19 expense categories for any day
3. Sync your data across devices
4. Dark theme
5. Statistics for any period for any wallet.
6. Ability to track the percentage of your income and expenses
7. Statistics for each category
This application will be your assistant in planning your budget and income. With it, you can record your expenses and income on a daily basis. Budget planning is very important for the financial well-being of any person.
Keeping a budget will help you see how much you are actually earning and what the money is being spent on. Within a few months, you can form your income, identify the income prevailing in it (wages, income from entrepreneurship, hobbies, or what you borrowed from your parents). Along with this, you will receive complete information about your expenses. The analysis carried out allows us to find the ways of their beauty.
Using this app is an important step towards managing your expenses. Planning will help you use money consciously, avoid expensive loans and think about spending. If the purchase is planned, then before its purchase there will be a certain time during which you can postpone the required amount. For those who have a regular income, drawing up a clear spending plan will help open up new opportunities for investing free cash, pay off debts and loans, and learn how to save money for your goals.

It seems to many that their income is small, and everything goes to groceries (and this is indeed the largest part of the expenses - you can see for yourself if you start keeping track of finances using the recommendations in this article), and there is nothing to save every month. Starting to plan your budget, you will realize that even with a small income, you can save, even a little. Optimization of expenses will help to abandon some of the unnecessary expenses, and the freed up money can be set aside.
Cost accounting is not your main goal. It is just a way to achieve the main goal - to take control of your finances in your own hands. So that finances do not control you and tell you how to live, but you use finances, choosing the best way to spend them, taking into account your own (and not imposed by limited finances) goals.
So, you are standing with a list of your income and expenses for a fairly long period (I would start with three months, although in each case you need to look at how these three months give an idea of usual income and the usual directions and amounts of spending), and wondering what to do with this data?
First, let's look at your data in terms of its suitability for analysis. Both-on - you have so many areas of spending that it is not possible to analyze!
The first attempts to keep track of expenses, as a rule, do not follow any rules, and are very undisciplined. So, a bill from a cafe can be written in the “meals at work” column, even if you paid not only for yourself on it, and it includes alcohol and cigarettes (and you, for example, struggle with your addictions). How to allocate these expenses from the total amount now, after a few weeks or months have passed? That's right, no way. That is why you have to start keeping financial records twice: the first time, in order to roughly estimate the amount of your expenses and select possible analysts, and the second time, by setting personal rules for maintaining such accounting for yourself