The apps budgeting tools offer both the traditional budgeting method of making guesstimates of how much you hope to spend each month and comparing your actual estimate to that budgeted amount or the truly old-school method of envelope budgeting, which pre-allocates funds to specific budget categories from which you can then draw funds for payment in those categories.MoneyLines features gives you control over your accounts making bills and spending hassle free.Todays Best Tech Deals Picked by Macworlds Editors Top Deals On Great Products Picked by Techconnects Editors IGG Software iBank 5 A few years back a world without Quicken as the mainstay of personal finance apps would have been unimaginable.
It was the go to application for managing personal finances on your Mac. Now its hard to imagine that world without IGG Softwares iBank 5. How easy is it to get iBank 5 up and running and so you can start tracking your current financial status Lets put it this way; I had 11 bank accounts and an investment account set up and all transactions imported in less time than it took to boil a pot of coffee water and steep a press pot. This is in large part because of an an optional IGG Software subscription service called Direct Access (5 per month, 13 per quarter, or 40 per year), which connects directly to your banking institutions using your authentication information and downloads transactions directly into iBank 5. If you prefer a more traditional method or prefer not to have an app access your banking data, iBank also offers options for manually entering your banking data or importing the Quicken or Microsoft Money files you can download from your bank. Once your data is imported you do have to go about the business of matching your transaction data to expense categories. Fortunately iBank is a pretty quick study, capable of matching future transactions from the same vendors to the categories you originally mapped them to. If the default set of categories the app provides dont suit your needs or are not as expansive as you need them to be, the Categories tool appearing in iBanks library list lets you make quick work of adding, removing or updating categories. A Library list at the left of the apps main window shows a list of your accounts, provides a basic set of reports, and tools for creating budgets. Items within iBank 5s groupings can be dragged and reorganized in a way that makes sense to you. If you prefer an uncluttered look, any of the items appearing in the Library list can be hidden or revealed with the click of a button. ![]() You have the option of selecting the accounts that are included in this summary. ![]() Transactions appear in a ledger to the right of the Library list. Each transaction that appears in the list and for which youve supplied a category displays a small image representing the type of transaction youre looking at. So a grocery purchase has a small grocery basket next to it and a gasoline purchase has an image of a fuel dispenser next to it. These images can be customized to your liking, but the reality is that they offer little in the way of real value. Best Budgeting App Free Apps ForFree Apps For Mac Computer iBank 5 ships with several standard reports each of which gives a graphical overview of where youve spent your money. The apps basic offering include income and expense reports for the last month, last year, and current year as well as a net worth report. The apps existing reports can be customized to suit your specific needs or you can create your own reports by choosing the Add New Report option from the Tools menu. Once selected these accounts can be customized to include specific accounts and categories.
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