Your salary, your life

In the everyday rush we barely have time to monitor our bank statement and when we realize we’ve already entered in our overdraft facility. The problem is that the next salary will probably take many days to come. Then, we are subject to high interests charging.

For that we have a solution:

In your payday enter your available account balance in the app and daily inform your balance during the whole month, in the end of each day. The application “How long does your salary last?” will provide you the following information, without making calculations:

1.What is the average you can spend per day?
2. How much did you spend in the day?
3. What are your monthly cumulative expenses?
4. What are your daily average expenses?
5. How many days will your salary last within 30 days of the month?

In the first screen you enter your balance in your payday. In the second screen you fill in daily with your final balance.

Example:

Your payday is the 5th. In this day you had $100,00 in your bank account and your salary is $2,000.00. Then, the amount to be informed is $100 plus $2,000.00, totaling $2,100.00.

Or you get paid on the 5th and you have a $100,00 debit. Considering that your salary is $2,000.00, the initial balance to be informed will be $1,900.00.

In the second screen you fill in with your balance at the end of every day for 30 days, which is normally the period between one and another salary.

For that you select every day and fill in with the final balance of that day (remaining balance account after all transactions made). Once the 30 days are completed, just reset and restart the process.

You cannot skip from day 1 to day 4. The daily sequence must be respected, even if there had been no transactions.

After inserting the balance at the end of each day, the application will daily provide you the answer of the 5 questions listed above, in order to facilitate your financial planning.

There is also the extra income hypothesis. Suppose that on the 10th day you earned an extra salary of $1,000.00. In the field “Extra Income” enter this amount of $1,000.00 and inform your final balance normally, exactly how it appears in your bank statement.

The application runs with negative numbers so you can also inform your negative balances. The information related to your expenses will be presented normally.

Enjoy our application and have an effective control of your personal finances only by typing your balance account in the end of every day. That easy!