I created this tools for this purposes:
Control monthly and longterm expenses
To achieve that, you will need to encode your recurring expense and incomes, and also create some budgets, like the food, electricity, savings and so one.
For each bank account, get a summary of your monthly balances and get an idea of your mid and short term financial situation.
The algorithm responsible to compute your financial situation in the future take all your recurring expenses and incomes with all your budgets, it will add them each month from your last balance.
Thanks to that, you will be able to plan your next medium or big investments such as car, computer, holdays...
In this example, we plan an incoming expose of 2500.00 € in August 2016.
Recurring expenses are 100% sure to occur. Enter all of them to have a great visibility of your short/mid/long term budget.
| # | Name | Amount | Tag | Date | Action |
|---|---|---|---|---|---|
| 7 | Salary | 2,200.00 € | Income | [12/2015 : | |
| 1 | Loyer | -600.00 € | Home | [03/2015 : | |
| 2 | Spotify | -9.99 € | Music | [10/2015 : | |
| 3 | Basic fit | -19.99 € | Sports | [01/2016 : | |
| 4 | Electrabel | -150.50 € | Electricity | [03/2015 : | |
| 5 | Internet | -63.90 € | Internet | [04/2016 : | |
| 6 | Water | -40.00 € | Water | [04/2016 : | |
| 8 | Metro | -49.00 € | Public transport | [04/2016 : | |
| 10 | Health insurance | -27.00 € | Health | [04/2016 : | |
| 11 | Food ticket | 100.00 € | Food | [04/2016 : | |
| 12 | Xbox Live | -19.99 € | Games | [04/2016 : |
Fill all your recurring expense to help the application to provide you all simulation for your future financial situation.
By adding them, you will be able to see what you can expect month after month and take important financial decision such as invest or cut some expenses.
| # | Tags | From | Date | To | Name | Amount | Action |
|---|---|---|---|---|---|---|---|
| 1 | Saving | BE00000000000000 | 04/04/2016 | BE00000000000002 | YOUR NAME | -400.00 € | |
| 2 | Home | BE00000000000000 | 04/04/2016 | BE00000000000003 | Mr. Dupont | -850.00 € | |
| 3 | Sport | BE00000000000000 | 01/04/2016 | BE00000000000004 | MAX | 4.50 € | |
| 4 | Income | BE00000000000000 | 01/04/2016 | BE00000000000001 | COMPANY B | 2,500.00 € | |
| 5 | Sport | BE00000000000000 | 31/03/2016 | SPORT CENTER | -37.00 € | ||
| 6 | Internet | BE00000000000000 | 30/03/2016 | BE00000000000005 | INTERNET PROVIDER | -80.03 € | |
| 7 | Car | BE00000000000000 | 30/03/2016 | GAZ STATION | -30.02 € | ||
| 8 | Health | BE00000000000000 | 29/03/2016 | PHARMACIE | -74.09 € | ||
| 9 | Car | BE00000000000000 | 29/03/2016 | PARKING | -3.00 € | ||
| 10 | Sport | BE00000000000000 | 29/03/2016 | SPORT CENTER | -84.00 € | ||
| 11 | Sport | BE00000000000000 | 29/03/2016 | SPORT CENTER | -42.00 € | ||
| 12 | Food | BE00000000000000 | 29/03/2016 | Market | -27.72 € | ||
| 13 | Food Alcohol | BE00000000000000 | 29/03/2016 | SUPERMARKET | -71.59 € | ||
| 14 | Income | BE00000000000000 | 24/03/2016 | BE00000000000001 | COMPANY A | -570.00 € | |
| 15 | Income | BE00000000000000 | 24/03/2016 | BE00000000000002 | YOUR NAME | 570.00 € | |
| 16 | Food | BE00000000000000 | 23/03/2016 | PROXY MARKET | -6.90 € | ||
| 17 | Public transport | BE00000000000000 | 23/03/2016 | METRO | -49.00 € |