HomeBudget is an expense tracking application that has a variety of really unique features. For one, it allows you to also track all your bank accounts in one place, so you know exactly how much money you have at any given time. You can also track all your bills, so you know when you need to pay what. Any bill can easily be changed into a transaction with one click.
Apart from its unique features, HomeBudget is just a great budgeting and expense tracking app all around.
Here’s how to use HomeBudget.
Step 1: Add Accounts
Start by setting up your accounts. Click on “Accounts” to get started.
Click the “+” button to add an account.
Name your account, enter the account type and enter the amounts in the account.
Rinse and repeat until all your accounts are entered.
Step 2: Add Budgets
Click on “Budget” to add your budgets.
Select which category your budget falls under.
Enter the amount you’re budgeting for the month. You can set the payment to be recurring, or happen just once. You can also choose whether it’s fixed or variable.
Rinse and repeat this process until you have all your budgets set for all the different categories of spending you have in your life.
Step 3: Add Income
Click “Income” to add your paycheck.
Click the “+” button to add an income.
Enter a description for the income, the date it was received and the amount.
Step 4: Enter Bills
HomeBudget makes it easy to keep track of all the bills you need to pay all in one place.
To add a bill, click on “Bills” in the home screen.
Click the “+” button in the upper right corner.
Enter the details for the bill.
Your bill will then be added to the calendar. When you actually pay the bill, just click the bill in your calendar and click the bill name in the drop down list to turn it into a paid expense.
Step 5: Add Expenses
Click “Expenses” to add an expense.
Fill out the “Add Expense” form. Fill in the category, expense date, amount, account you’re paying from and any additional notes, then hit “Save.”
Step 6: Viewing the Summary
Your home screen will now contain a complete summary of your financial picture. If you want a “quick view” of how you’re doing today or this week, click the button in the upper left corner.
You’ll be presented with the “Quick Summary” screen.