![]() ![]() It is based on setting up a budget using buckets (envelopes). If you are not familiar, this is still a great finance tool. If you are familiar with the envelope approach to budgeting, this is what you want. We know it's very important, we just didn't want people to have to wait any longer for basic sync, as it's been a missing feature for some time. Thanks for the review, we really appreciate it.Īs we mentioned in our announcement blog post, we're working on syncing across iCloud accounts. Once that's updated, this will definitely be a 5 star app!! So, the app only gets 4 stars because the sync ability is impractical for fols who are married or share their financial accounts with other people. As a result, I am unable to sync the data with my wife, even though we have Family Share. The data is linked to the account the device is signed into, not the App Store sign in. Here's the catch with the updated ability to sync. So I've stuck with it in spite of the inability to use it on any device besides the Mac (I really want to be able to enter transactions into my phone when they occur instead of having to do it all at the Mac). Moneywell is simply more powerful, more robust, and still intuitive and simple to use. Because of the inability to sync for all those years, I have tried most of the other apps. I've been using Moneywell for over 10 years now to track accounts and transactions in my personal finances, my small business, and my investments. MoneyWell will help you by allowing you to create a spending plan and then telling you how much you need to save in each bucket category to meet your goals. With MoneyWell, there's one simple rule: Spend only what you have in your buckets. It's a broken system that most people can't use. We call this regret-based budgeting, where you print reports and then regret not sticking to your plan. ![]() Too many other financial tools rely on end of the month budget reports to keep your spending in line, but by that time it's too late to fix anything. We'll never remove access to your data, so even if your subscription expires and you return to "Free mode", you'll still be able to view and export your data. If you like what you see, there's a subscription which unlocks unlimited transactions. There's no time limit and it's fully featured except you can only create 200 transactions in "Free mode". You can download it for free, look at a sample budget or try setting up your own. It also helps you direct your extra money to debt reduction and savings so you end up with a nice cash buffer for emergencies and a more stress-free life. It's designed to keep you from overspending by using proactive budgeting techniques. MoneyWell is a personal finance package built around the concept of envelope budgeting. ![]()
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