Developing percentage guidelines for you or your families income is vital to a family budget, and living by percentages is an easy way to determine what amount you should be spending out of each bucket. While there is no one size fits all way to determine an exact percentage that each of us should use, experts in the personal finance field have come up with a few fair assessments.
Use The Finance Bar-Expense Manager to determine how you fair out based on the below percentages. Simply enter your monthly net income and watch as this convenient app does the work for you.
Calculations are based on the highest percentage for each category.
Note: These are only recommended percentages, based upon your individual monthly income
Ratings and Reviews
Simple Yet Powerful
Thanks for mentioning this on the Can I Park Here? podcast. This app lets you quickly determine what you should be spending and saving. Simple yet powerful. Something to pull up as your income changes to keep you in check.
This is Awesome!!
I love being organized, especially financially. This helps making a budget and sticking to it so much easier. I'm glad it's finally available on iOS!!! I'm gonna be sharing this with everyone!! :) thank you!!
I thought there was more
Maybe I need to play around w/ it some more b/c the only features I've been able to access are to enter my net income and an automated percentage brk down of expenses. However automated break down doesn't seem like it can be personalised.
With Family Sharing set up, up to six family members can use this app.