'Spend Control' answers the following most basic of financial questions:
"How much can I safely spend today such that I can still meet my upcoming obligations and ultimately reach my desired goals?"
Or to put it more succinctly: "How much can I spend today without harming my future?"
And here's how it works:
First you tell 'Spend Control' (in a user-friendly way) about your upcoming financial situation (your expected income over the next 12 months and how much of that income is already dedicated to such things as rent, utilities, car payments, savings, etc.) Given that information 'Spend Control' tells you how much is available for your “allowance” (i.e., discretionary spending money.) You then create a budget for that leftover allowance money at which point 'Spend Control' generates a virtual envelope for each category and seeds it with one week's allowance (an amount you can easily change.) Thereafter, the app will automatically, every day, feed each envelope with one day's allowance such that if you don't spend anything in that category your spendable amount will continue to grow. If you do spend something, you need only tap on the category, enter the amount spent and 'Spend Control' will subtract the amount from the appropriate envelope.
The process described above is the app's main function but there are other tools that further help you track and prioritize. For example, if you see an outfit you really want but don't yet have enough in your 'Clothing' envelope, you can choose (prioritize) to transfer money from another envelope, say, 'Entertainment' (as opposed to, say, 'Rent'.) Or you can use the tool called the 'Future Balances Calculator' to answer the question "If I hold off buying now, when will I have the necessary funds in that envelope?" or perhaps the question "How much will I have in my 'Paris Vacation' envelope when that date arrives?" 'Spend Control' also generates a number of reports, such as 'Current Budget' and 'Current Balances' which you can then email to yourself or to someone else.
* Localization of currency formatting (e.g., 1,234.56 vs 1.234,56 vs 1'234.56, depending on region).
Ratings and ReviewsSee All
Great App for purpose
This control app is great. My career consist of implementing controls, therefore I feel I have some experience in this field. This app has been very supportive in tracking my spending and telling me what I can cut back on.
I have even sent this app to a couple of friends and family members.
Easy, simple to use, and works!
I've tried many budget software programs some very complicated and some pretty basic. This nice little app is right in the middle which is perfect, in the sense that it is easy to use and therefore makes me actually adhere to my budget!!! Which is the whole point. I have been using for several months and can't believe how well we are doing with our budget! For those wanting a simple easy to use and understand budget ap try it. Similar to the envelope message some of you older users might remember.
This is a great tool for getting a handle on your money and spending habits.
If you've ever wondered if spending money on something today is gonna hurt your ability to pay an important bill later on this app let's you know exactly where you stand. No more worrying. Takes all the stress out making the tough decisions. Also when I made a suggestion (adding a calculator) I was surprised how quickly the developers responded and included my idea! Awesome!
The developer, Renee Borsari, has not provided details about its privacy practices and handling of data to Apple.
No Details Provided
The developer will be required to provide privacy details when they submit their next app update.
- Renee Borsari
- 11.5 MB
- Requires iOS 8.0 or later.
- iPod touch
- Requires iOS 8.0 or later.
- Age Rating
- © 2018 Borsari Technical Services
With Family Sharing set up, up to six family members can use this app.