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Mine to Spend

Mine to Spend
  • #: 170327
  • Price: free ($0.00) In Apple Store
  • Category: Finance
  • Updated: 2011-03-10
  • Current Version: 1.0
  • 1.0
  • Size: 0.50 MB
  • Language: English
  • Seller: serge seveau
  • Requirements: Compatible with iPhone, iPod touch, and iPad. Requires iOS 4.2 or later.
  • © 2011 Serge Seveau
  •  Add to Favorite apps

 

Description

This app is based on the good old fashion way of budgeting and saving, and because it’s all about saving money – it’s free – even our daughter Camille won’t spend money on my apps lol ;)

The amount you put in the ‘Cost’ boxes, is like putting that money every pay period in an envelope that has the name of the ‘bill’ on it - and the money in that envelope is used only for that bill/cost and nothing else.

Example: if something costs $1000 a year, and you get paid weekly, divide $1000 by 52 and put $20 in an envelope; if you get paid every two weeks, divide by 26 ($40 in envelope), if you get paid monthly the divide by 12 and put $83.33 in the envelope.

Each envelope will have more and more money in them each pay period, and if you never spend more than the number in ‘Disposable Income’ per pay period, you will have enough money in the bank (‘envelops’) to pay for bills as you get them.

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The information may be outdated (2011-04-21 11:10:50). For actual information go to iTunes

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