We also use it every day on our own and enjoy the simplicity if this app (in contrast to many other data-hungry budget trackers).Balance Forecasting…Have you found yourself often asking the questions "What will my bank balance look like in 3 months if I increase my credit card payment by X dollars? Can I afford to buy a new set of headphones in 3 months?" I was always having issues with those types of questions. Moreover, you can change any value of a recurring transaction by using the „Exceptions“ feature (lower right button). This is a prediction app that works based on (recurring) transactions saved balances and is designed to work with a low limit of data! Of course it will affect the predicted trend if a recurring transaction is added or deleted, but simply add a fixed balance value for a specific date, which immediately corrects any prediction from that date on. Now, if all this is fixed, it will get to be the closest perfect app. In addition, decimals dont auto populate and if you wipe out a number to try to just change a number, it wipes out the whole number, which is freakin annoying because you have to remember the whole number again. I cant believe that developers have not figured this out. I wish there is option to change one date like how on calendars, you can just change one event like a meeting. ![]() When you change a recurring date, there is no option to just change one date, it changes every other date. You can manage several accounts with this app (e.g., for several people in your family) and you can also use a PIN (or Touch ID / Face ID) to protect your data! Since the app synchronizes via iCloud, you can also see/edit the data from several devices and restore your data after a complete re-install.Įxactas what I was looking but.when you delete an existing recurring transaction, it wipes out past recurring transactions, thus adding a credit or reduction in current balance. Simply double-tap the recurring entry in the trends view to adjust (by creating a 'Transaction Exception')! This will correct wrong estimations.ĥ) Adjust the actual value of a recurrent transaction for specific dates only. The best thing about Money Forecast, however, is that you do not need to constantly add new micro transactions - just enter the balance on a particular date, create estimated recurring income/expenses and correct either the balance or actual payments later (for a particular date).Ģ) Add recurrent or one-time transactions (i.e., income and expenses).ģ) See how your finances will develop over the next few weeks, months, and years!Ĥ) Adjust the actual account balance for specific (future) dates. Also, this app allows you to avoid situations where you forgot about some outgoing transactions and end up with an overdrawn account balance. ![]() This way it helps you to plan your financial situation, and also to decide if an investment should be made now or better later, for example. If the prediction was wrong, simply correct it by specifying the actual balance at a specific date, which is used as new basis for further predictions then. Money Forecast allows you to track your finances with litte data input only! Simply enter your current account balance as well as (recurrent) transactions (e.g., salary and expenses) and see how your balance will develop over the next few weeks and months. Now with iCloud sync, iPad and Dark Mode support!
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