Ace Budget app for iPhone is an easy to use mobile application that lets you track your expenses and income in a productive manner. It helps you to restrict your spending inside your means. If you are someone who needs some fine tuning as far as your expenditure is concerned, perhaps Ace Budget could extend you a helping hand. Ace Budget application for iPhone comes at a price tag of $0.99 per license.
In Ace Budget iPhone app, you can create categories, based on your spending/expenditure, and create budgets for the same on a weekly, monthly, semimonthly, quarterly, or yearly basis. You can virtually unlimited number of categories, and separate budgeting plan for each one of them. On the main screen of the app, you can view all these data in one place: the different categories, how much you’ve spent and how much is left. At the bottom of the screen is a numerical comparison between the total expenses incurred and the income, and the money you have saved (or lost) based on your budget plans. Further, under each category, the money spent/left is suitably color coded for better comprehension. For example, green means money left over, while red stands for money over spent.
In order to create a budget category (you can have unlimited number of categories), tap on ‘+’, followed by naming the category, amount, cycle (monthly, weekly etc), and start date, alongside choosing an icon for your category. Also, there is an option to allow the budget category to roll over each new cycle. Adding an expense is also easy; simply tap ‘+’ again and enter the value. It is also possible to set an expense as recurring if your expense/one of the expenses is predictable like your house rent. iPhone Ace Budget application also comes with an option to export data via email as a CSV file. Other features include transaction reminder, fund transfer, smart auto complete, budget delete lock, budget history etc.
Further, you can view charts and reports of your monthly expenses by clicking on ‘reports’ at the bottom of the screen. However, there is no option graph the budget or obtain the overall budget report. The search feature, again at the bottom of the screen, lets you search the data you wish to view anytime.
Ace Budget app for iPhone has enough features to solve the financial management woes of an average person. It is easy to use, provide multiple options to manage your expenses, and tells you straight how much you’ve spent, and how much is left behind at any given time. On the other hand, it lacks more sophisticated visual indicators such as graphs or overall budget reports, which if present would have made Ace Budget a stand out application. Verdict: A decent finance management app to have in your iPhone.