Take control of your financial future and track your spending with Pennies, a budgeting and saving app for iPhones, iPads and Apple Watches. Pennies is an award winning app that is designed for everyday people.
How Pennies Works
Simply download the Pennies app, and provide some personal information, and the answer a few questions regarding your financial habits like how much you earn each pay period and how much you pay in rent monthly. You can then create a budgets and Pennies will let you know how much money you can spend on a daily basis, without using up your bank account.
 |
 |
Pennies Features
Pennies prides itself on its simplicity. The app does not really bother with how you are earning money, but rather focuses on making the budgeting process as streamlined as possible.
Set Budget
To set up a budget, follow the steps below:
- Choose a budget plan from a one-off or repeating weekly, biweekly or monthly budget
- Assign a name, start date and currency type
- Enter the amount available to spend
From there, you just have to input transactions as they happen. To add a transaction, simply tap on the “+” button and follow the prompts. If you go over your budget, you will get a notification
Pricing
To download the app, it will cost a one-time fee of $3.99.
Limitations
Before you drop a little dough for Pennies, there are a few cons:
- Can only track one source of money. So it will be hard if you have multiple bank accounts or payment methods
- The app doesn’t let you enter additional transaction information, like payee names or notes about where the money is being spent.
- Cannot sync to accounts
Conclusion
Pennies is easy to use and makes budgeting simple. It has everything you need to track where your money is going and how much you have left. However, this app might not be right for you if you have more complicated finances.
