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- Budget Planner App 50/30/20 Vs. Moneywyn: 50/30/20 Budget Rule
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Budget Planner App 50/30/20 vs Moneywyn: 50/30/20 Budget Rule Usage & Stats
Your All-in-One Budget Planner and Bill Tracker for Smart Money Management. It is now easy to reach financial freedom with a 50/30/20 Personal Capital Planner.
Utilize a monthly budget planner to create and manage your budget effectively each month.
• Keep track of all your income
• The best way to split your income using the 50/30/20 rule
• Be aware of your budgeting and spending habits and cut back
FINANCIAL NEEDS
Your needs are:
• Utilities
• Housing
• Transportation
• Food, water and clothes
The app helps you to keep your needs at 50% of your total net income.
FINANCIAL WANTS
Your wants are:
• Clothing that isn't essential
• Dining out or ordering takeout
• Hobbies, traveling, large house, and new expensive car
The app helps you to budget your wants within 30% of your monthly net income.
SAVINGS
Pay yourself every month towards:
• Retirement or long-term savings
• Short-term savings for a new car or vacation
• Emergency funds of 6-12 months of living expenses
Put 10% of your net income towards savings each month.
*** Key Features ***
* Free Budget Tracker:
Effortlessly track your budget with our free and user-friendly app.
* Personal Finance Insights:
Gain valuable insights into your personal finance for informed decision-making.
* Money Saving:
Achieve your savings goals with smart money-saving features and tips.
* Financial Planner Monitoring:
Let our financial planner monitor and optimize your budget using the 50/30/20 rule.
* Expense Monitoring and Keeping:
Easily record and categorize expenses for a clear overview of your spending.
- Apple App Store
- Free
- Finance
Store Rank
- -
Tired of tracking every expense each and every day? Moneywyn can help!
Moneywyn is unlike most other personal finance software. It will help you save time and money while focusing less on daily expense tracking and more on budget planning. Using three spending categories, that are based on the 50/30/20 budget rule, you will find out where you stand financially and start taking appropriate action toward building wealth.
STOP TRACKING EVERY EXPENSE
You’re busy! Do you want to spend time tracking every single expense all the time? Probably not.
You can stop all that tracking with Moneywyn.
- Create, edit and delete average monthly earnings
- Create, edit and delete average monthly spending
- View statistics for monthly deficit or surplus spending
SIMPLIFY YOUR FINANCIAL BUDGET
Your spending is broken down into just three categories. No more categorizing expenses into numerous categories. Moneywyn is about simplifying your life and your budget:
- Specify spending on what you need - life’s necessities or long-term contracts
- Specify spending on what you want - the fun things in your life
- Specify spending on what you save - what helps you retire rich (can be increasing or decreasing)
COMPARE YOUR SPENDING TO THE TARGET PERCENTAGES
See how your spending compares to the recommended target percentages in Moneywyn.
Based on the popular book All Your Worth: The Ultimate Lifetime Money Plan, Moneywyn compares your spending to the 50/30/20 budget rule outlined in the book. The target percentages are:
- 50% of your take-home pay should go to your needs
- 30% should go to your wants
- 20% should go to your savings
OTHER FEATURES:
- Create a 50/30/20 budget
- Three spending categories: needs, wants, and savings
- Pre-populated common sources of earnings and spending
- Enter unlimited new earnings and spending sources
- Import and export data to CSV (optional purchase)
- Summary of monthly earnings and spending
- Deficit or surplus calculation
- Easy data entry
- Compare your spending to the recommended target spending
- Bar and pie graph reports
- Complete world currency list
- Automatically selects location currency
- Passcode lock to protect your data
If you have any questions, concerns, or suggestions, please feel free to send an email to moneywyn@beyondstop.com.
Check out www.moneywyn.com for more details.
- Apple App Store
- Free
- Finance
Store Rank
- -
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Budget Planner App 50/30/20 VS.
Moneywyn: 50/30/20 Budget Rule
December 18, 2024