In my week three review of Budgettracker.com I will look into the special features of the program. Most of these features are found under the “Organization” and “Apps” tabs. The “Organization” tab opens up to show all your bills and income for the month listed in calendar form. I like the looks of the information of this form.
Under the “Organization” tab there are a many interesting ways to organize your information under a variety of headings and entries. You can customize this area to make the features you use most more prominent. To me most of the features seem kind of useless, redundant and to time consuming. However, some might be worth a look depending on your hobbies, like couponing or upcoming events, like a garage sale. I will list most of them out here.
-Contacts: A nice feature to record phone numbers and addresses for reoccurring bill payees, This information seems better kept with the bills section and can be recorded in the notes of the actual expense entry.
-Shopping list: If you are a couponer, like me the shopping list heading might be helpful for comparing prices between stores in order to reduce your budget.
-Garage Sale: This could be useful for that specific event. However, I don’t really see the need to list every item your plan to sell. It seems like added work with no real benefit.
Recipes & Work Out : Unsure why they we’re put in a budgeting program. Seem out of place and these items can be recorded, if need be, in other programs more specific to health or cooking.
Articles: You can write or store articles in this area. It’s an interesting concept since you could store helpful finance articles here, but I know I would never use it.
Your Achievements: This is an area that gives you a visual “pat on the back” for achieving a goal you might have set up under New Years Resolution or Tasks. It also congratulates you for things such as paying off a credit card and posting to a Budget Tracker message board. Thought it was a cute idea, but not really useful to me.
Under the “Apps” tab there are 130 different entry options, some seemed pretty handy, such are a more detailed goal tracker, but some seemed to have nothing to do with budgeting such as, tutor schedules. The ones that I would actually use include:
Goal Tracking, good to set long term financial goals.
Need to buy, to track upcoming purchases like school clothes or appliance replacement.
Food inventory, thought this would be helpful to cut down food budget and prevent duplicate purchases.
Some I thought we’re kind of silly included, Radio program, (do you really need to list these?), driving schedule, song downloads, favorite reading. Since you can add your own apps, I can only assume someone added these because they seem very silly to have in a budgeting program.
In conclusion, a lot of what you will find in these two sections were put there to have fun with. Most of it doesn’t apply to budgeting. If you have the time, these kinds of record keeping could be a great help to your household. For me however, I’m here for a quick and easy way to budget my expenses and cut down on spending. Most of these headings are extraneous and useless to me.
Next week I will give my summery review of this program and my experiences in using it.