1. Create a new wallet
Go to Settings > 'Manage your wallets', tap on '+', then 'Edit'. To change currency, tap on 'edit'. Once done, select 'Show this wallet'.
2. Add income
Tap on '+' on the Today page, then 'Income' and enter your post-tax income and specify pay frequency.
If you budget with a partner, enter their income as well.
For varied incomes like freelancing, add as “Flexible Earning” and set the amount and duration you want to spread out the income for.
3. Add regular expenses
Tap on '+' on the Today page, then 'Recurring expense' and add regular expenses like rent or insurance. For periodic ones, choose the billing cycle (e.g., 'Monthly' or 'Yearly'). The app will deduct little bit everyday so the full amount is saved over the billing cycle. Make sure all bills are added for accuracy.
4. Set a monthly savings goal
Tap on '+' on the Today page, then 'Saving Jar', tap 'Add saving' > 'Regular saving' and input your desired monthly savings amount.
5. Add daily expenses
As you incur expenses, add them to the app. Tap on '+' on the Today page, then 'Small expense'. They'll be deducted from Today’s Budget.
6. Save for specific future expenses, with 'Large expense'
Save up for a large expense that you can't pay with one day's budget. Tap on '+' on Today's page, then 'Large expense' and specify the amount and set a target date. The app will assist in daily savings to reach your goal.
7. Put left over into the saving jar (Optional)
Left over money rolls over to the next day. Alternatively, itcan be added to the saving jar. To do this, tap on '+' on the Today page, then 'Saving Jar' > 'Add saving' > 'One-off saving' > 'Add all left over from today’.
Unlike most budget apps that book all expenses cash-based, Today’s Budget uses a hybrid approach of cash-based and value-based booking.
For day-to-day expenses, the app subtracts the amount immediately, just like your bank account. However, for larger expenses like rent, the app spreads the cost over the period it covers.
For example, if your rent is €500, instead of deducting €500 on the first day, the app deducts approximately €16.67 per day (500/30 days).
So, if your bank balance is €1000 and you pay €500 for rent on the first, your bank account shows €500 left. In the app, it would show around €983 because it spreads the rent cost over the month.
This method provides a more balanced view of your finances and gives you actionable insights. By spreading out larger expenses, you get a clearer picture of your daily financial status without sudden large drops, making it easier to manage your budget effectively.
Please enter just once, like "$20 - Eating out".
The app is designed to focus on the amount rather than the payment type whether it's cash, a credit card, or a debit card – money is money. The essential aspect is controlling the expense itself.
Currently, our app doesn't have a specific feature to input income on the 1st and 15th. However, a workaround would be to add two separate payments and set them as monthly income. The app will then use this information to calculate your daily income. If you get paid the same amount every month, this approach works perfectly.
Go to Settings > 'Manage wallets ' > tap on 'Edit' to open the wallet you are viewing then tap on Currency. Then tap 'Save'.
Please enter just once, like "$20 - Eating out".
The app is designed to focus on the amount rather than the payment type whether it's cash, a credit card, or a debit card – money is money. The essential aspect is controlling the expense itself.
Tap on "Save Balance" or "Offset Balance" (if the balance is negative) in the menu.
To reset the balance regularly, use "Automation" in the iOS Shortcuts app.
Select any 'One-off Income,' enter an amount, and choose a start date. Then, select 'Custom' for the duration and pick an end date.
You can also create a custom income category and then choose the one-off income option.
Our app doesn't keep track of the due date, or if it's overdue, so you don't have to worry about that part. It's all about how much cash you've got left. For instance, if your bill was originally $10 but has a late fee making it $12, just enter $12 as the expense.
Tap on + on the main page > Saving Jar > Add saving > Regular saving.
While it's unrealistic to assume zero spending, you can check future balance with these simple steps.
Step 1: Open the 'Log'.
Step 2: Pick a future date.
Step 3: View balance at the bottom.
When you purchase a stock, you can enter it as savings. For example, if you purchased Apple shares for $10,000, add a new one-time savings entry for this amount.
When selling a stock, withdraw the same amount from your savings that you originally entered when you purchased it (e.g., withdraw $10,000 for the sold Apple shares).
Recording a profit or loss:
if you sold the stock at a profit, enter the amount as new income in the "Profit on stock" category (e.g., $2,000 profit from selling Apple shares for $12,000).
If you sold the stock for a loss, enter a new expense in the "Loss on stock" category (e.g., $5,000 loss from selling Apple shares for $5,000).
Note: You can delete the savings entry when selling a stock and only record the gain or loss. However, we don't recommend this method as it eliminates information about when you bought and sold the stock, making it harder to track your investment performance.
We are planning to makea feature to do this easier. In the meantime, these are the steps to track your savings from the past:
1. Enter an income for the savings amount
2. Add a one-off saving, and you can give a title, "Savings from the past".
(1) Go to plus button on the Today page, and on the category selection page, tap on "Edit"
(2) Tap on "+"
(3) Set the name and icon and tap "Save".
No, our app doesn’t support categorical budgeting. We aim to keep budgeting simple and avoid added complexity. Our principle is that money is money, no matter how you choose to spend it.
That’s why you see just one number – you can spend it on anything you like, as long as it’s within your set amount
Right now, we provide four different complications. If there's something specific you're looking for, feel free to tell us!
Today's Budget introduces several exciting features:
1. A user-friendly, intuitive new design.
2. A dedicated 'Saving Jar' feature where you can put money in and out.
3. New set of interactive graphs with bold colors
4. Categories for recurring income and expenses.
5. The ability to manage multiple wallets.
6. Easy budget sharing (multi users) through iCloud instead of Dropbox.
7. Emergency Fund feature.
No. The data stays only on your device and your iCloud. All sensitive data is encrypted on the device, before the app uploads to the iCloud.
You will receive future updates with a one-time payment. It's not a subscription.
Go to Setting > Premium Features > Manage Subscription > Cancel.
Apple’s standard Media Services T&C applies to Today’s Budget. Legal - Apple Media Services - Apple
Apple’s standard EULA applies to Today’s Budget. https://www.apple.com/legal/internet-services/itunes/dev/stdeula/
First, uninstall the app. Then go to iPhone setting, tap on your AppleID, go to iCloud > Manage storage > Open Today's Budget, then tap on "Delete data".