EveryDollar: Budget Tracker
Ramsey SolutionsInstalls
1M+
Developer
Ramsey Solutions
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Category
Finance
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Content Rating
Rated for 3+
Developer Email
Privacy Policy
https://www.everydollar.com/privacy/plain
Screenshots
What's free, and what's not?
EveryDollar: Budget Tracker is free to download and use, offering a straightforward way to manage your finances without any initial cost. Users can enjoy the essential features of the app without spending any money, which includes creating and tracking budgets. It provides an accessible entry point for anyone looking to take control of their financial planning.
However, for those seeking more advanced functionalities, such as account synchronization and transaction automatic importation, the app offers in-app purchases through its premium version, EveryDollar Plus. Additionally, there are no ads, making the upgrade process seamless without interruptions. Users have the option to subscribe annually for a fee, enhancing their experience with additional features that streamline budgeting tasks.
How to set it up and get started
Installation on iOS Devices: EveryDollar is compatible with iOS devices running iOS 11.0 or later. To install, open the App Store on your device and search for "EveryDollar: Budget Tracker". Tap on "Get" to begin the download process. Once installed, open the app, and follow the on-screen instructions to set up your account. The app may request access to certain permissions like sending notifications. Check these settings to manage your preferences for a tailored experience.
Installation on Android Devices: For Android users, EveryDollar supports Android version 5.0 and higher. Launch the Google Play Store and input "EveryDollar: Budget Tracker" into the search bar. Tap "Install" to download the app. After installation, open the app and proceed with account setup. Be sure to review permission requests, such as permission for phone integration, to ensure that you're comfortable with the access provided to enhance usage efficiency.
How This App Works?
Step 1: When you first open EveryDollar, you'll be greeted with a simple and intuitive user interface, designed to facilitate easy navigation. Start by setting up your account; you can either create a new account or log in if you already have one. Follow the prompts to enter your personal information and set up a secure password.
Step 2: Once logged in, the app will guide you through creating your first budget. To begin, click on the "Create Budget" button. You'll be asked to input your monthly income and expenses in different categories, such as housing, food, transportation, etc. This helps in designing a clear and comprehensive budget.
Step 3: The app provides a visual representation of your budget through interactive graphs and charts. Explore these features to understand how your expenditures align with your financial goals. You can adjust them whenever necessary by tapping the edit option available on each category.
Step 4: After setting your budget, track your expenses by inputting transaction details manually under various categories. Use the "Add Transaction" button at the top corner of your screen. For EveryDollar Plus users, transactions can be imported automatically, simplifying the tracking process.
Step 5: Utilize the app's reporting tools to review your financial progress regularly. You can access spending reports, comparing planned vs. actual expenses. These insights will empower you to make informed decisions about adjustments needed to stay on track with your budgeting objectives.
Practical Advice For Better Use
Tip 1: Customize your categories to match your unique spending habits. EveryDollar allows users to add, delete, or adjust budget categories, so personalize these to reflect your lifestyle choices. This makes tracking more accurate and insightful.
Tip 2: Enable notification settings meticulously, ensuring you receive alerts when nearing or exceeding a budget limit. This proactive approach can prevent overspending and keep financial goals in check.
Tip 3: Monthly review sessions are essential. At the end of each month, analyze your spending reports to identify patterns or irregularities. Use these findings to refine your budget, aligning it closer to your long-term financial goals.
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