Dollarbird – not just another expense tracker

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I don’t know about you guys but I am horrible at keeping track of my finances. For some reason every time I check the balance of my bank account I am always surprised to see what it shows.

Wouldn’t it be great if there was an app that could help you follow through with keeping track of your expenses? Well guess what: I found one!

The app is called Dollarbird and it is available in the App Store for a couple of days now. It’s only for iPhone, but an Android version will be coming up if the app is well received, the owners say. You can get it for an introductory price of $1.99.

Dollarbird is not just another expense tracker. Not only does the app help people track their expenses, it also provides a forecast of their balance. What really makes Dollarbird worth it however is the fact that the app provides a plan for improving people’s finances.

When you first open the app you are greeted with a question about how much money you currently have in your account, you then proceed to the calendar layout, this is where it all happens – where you can track all your incomes and expenditures. Since Dollarbird doesn’t use any currency it is really easy for people all around the globe to use the app without having to worry about converting their expenditures into another currency.

When adding a new expense you can choose from one of the default categories, these include things such as household, eating out, medical and travel among other things. However if you want to add a category of your own it’s as simple as pressing the + sign and then deciding which color you want to represent your category.

Even though the app is really intuitive and very easy to use, if you do find anything confusing in it, then the app comes with a built-in tutorial (you can find it in the Settings section). The tutorial explains everything from adding a new income or expenditure to how you can see an overview of your cashflow and monthly changes in your balance.

What’s great about it is that once a day you are reminded to enter your expenditures. In other words, if you are like me who forgets to keep track of things like these, then the app is a real helping hand in reminding yourself to enter the certain expenditures you have made throughout the day.

If you want to examine your expenses for the month then you can simplydrag up the overview from the bottom of the screen and see the amount of money you have spent so far during that  month. If you want to see previous or future months, then simply swipe the calendar left or right and the months will change.

Even though the bills always arrive on the same day each month, for some reason I still seem to forget to pay at least one of them. Well, thanks to Dollarbird, this will never happen again, since you can easily ask the app to remind you about future payments.

After having used Dollarbird for a few days, there is no doubt in my mind that I will continue using this app. Not only has it made it much easier for me to keep track of how much money I have in my account, but I have also gotten a much better understanding of just how I am spending my money.

If you want to see how Dollarbird works then check out the video below.

Catalin is the founder of Mostash – a social marketing boutique – and he’s always happy to share his passion for graphic design & social media.