We've been talking about Handy Apps' Expense IQ app for the past couple of weeks in a series of giveaways sponsored by the company. Today, we want to discuss how EIQ can help you manage money both short and long-term with the app's handy reports feature. In a nutshell, this option allows you to track expenses, income, cash flow, and balances on daily, monthly, or yearly timelines. It gets pretty granular, so you'll know exactly where your money is going.
Expense, Income, and Cash Flow monthly reports can all be broken down by timeframe (year to date, last 6 months, last 12 months, etc.), and can also show spending habits for each category, which is quite handy for those who just can't seem to figure out where their money is going. Perhaps one of the most useful of all reports, however, is Cash Flow's Income vs. Expense option. This basically compares how much money is coming in verses how much is going out on a monthly basis. If you'd like to have a certain percentage of unused income, this chart can help you figure out where you should set monthly budgets.
Overall, the reports feature of Expense IQ is very powerful and informative. Best of all, the more you use the app, the more helpful the reports get. You can grab EIQ for free in the Play Store, but the Gold version of the app will set you back $7.
Giveaway
- Piyawat Max Sukhummek
Today, Handy Apps has hooked us up with an HTC One M8 (16GB, Black, GSM unlocked) to give away. Here's how to enter:
This one's running till Tuesday, June 24th at 11:59 PT PM. Good luck!