MoneyDo

Plan personal budget and track daily expenses with kakeibo Here is set of rules that distilled for me: Plan your income. Once you got money, doesn't matter if it is $1 or $100K, budget it. Split into 3 chunks: - 20% for Savings - transfer it right away to separate account - 50% for Needs - for regular payments, groceries, medicine and all essentials you need to survive. - 30% for Wants - everything else like going out, shopping, etc. Save daily. Define daily limit and keep into this limit. If you didn't spend it today - you will have it tomorrow. So all costly purchases move to end of the month. By this time you save enough with daily limits. And you'll get soon salary so all unexpected expenses will be covered easier. Simplify. Don't budget per category, you'll need only 4 for envelopes for daily life: Needs, Wants, Culture, Extra. And there is no need to track all your expenses, track only irregular so you can reveal your spending habits and change them. Identify those expenses and assign them a category so you have control over them. Stay positive. If messed up - re-plan and keep going. Don't let plans stress you out. If forgot to track some expenses - count how much money left and adjust. Overspent one day - try to back off next day. Stay alert, not anxious. I created an App, that can help you integrated this method into your life and might get better results for you than any other app for expenses tracking and budgeting - MoneyDo.