Money is not my thing. Well, it is my thing when it comes to spending. I’ve got that one down. Oh, and making money. I can do that, too. Managing? Not so much.
So, I tend to look for Mac money management apps that cover my basics. I need it to track what comes in, track what goes out, track where it came from, and track where it went. Oh, and how much is left. What else is there?
Keep It Simple, Sweetie
If you’re really into money management, simple and elegant is not where it’s at. Even the new Quicken Essentials for Mac is more than essentials (but, strangely, less Quicken than older versions).
From simple to complex, Mac users have many choices for financial apps. Check out the Top 10 Money Apps To Replace Quicken.
For the rest of us, simple, understandable, usable top my list of needs.
After all, if it’s a complex app that gives you a headache and you end up not using it, who’s to blame when you go bankrupt or start robbing banks? Intuit, I’m looking at you!
My latest love for keeping tabs on my stubs is the wrongly titled Savings. It’s a personal finance app for you and your Mac. Personal? That’s another word for limited feature list. Not that there’s anything wrong with that.
Budget, Save, Spend, Track
Savings is like Quicken Lite. It handles multiple accounts. That means checking account, savings account, even credit cards. The Breakdown section tracks where your money comes from and where it goes.
Start up Savings by setting up accounts. Then keep track of transactions. That can be money you spend (credit card or checking account)—any money that comes in and goes out.
Put it in the right account and Savings keeps track of where it is, where it went, and how much is left.
Savings isn’t just about tracking a bunch of boring numbers. It’s about eye candy that’s useful.
The Breakdown section gives you a quick look at each month—expenses (the money that went out) and the income (the money you brought in). If there is money left over at the end of the month, it’s a green amount. If there’s more month left over at the end of the money, the amount is red.
Easy so far, right? Savings is what’s left over, hence the name Savings.
So, we have Accounts, where you track what comes in and what goes out. There’s Charts, which gives you a Breakdown and Trends in graphic format.
Then, there’s the Budgets section in Savings.
This is where Savings becomes either your friend or your foe (depending on how much responsibility you take for either not making enough or spending too much).
The Budget section is a one click look at how you’re doing for the year. All the Expenses get totaled up and compared, line by line, with your Income.
It’s a chart so you can see which items take the most of your money, and which take the least, and, again, how much has been saved. Savings is a very comfortable Mac app to use. It’s missing one thing. A companion iPhone app. After all, when I spend, I’m usually not at home.