My Favourite Budgeting App
b'ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode\\n\\n\\n\\n\\n\\n\\n\\n\\n{"@context":"http:\\\\/\\\\/schema.org\\\\/","@id":"https:\\\\/\\\\/onproperty.com.au\\\\/my-favourite-budgeting-app\\\\/#arve-youtube-wlko-iutpjs659a0b2dd924b685061643","type":"VideoObject","embedURL":"https:\\\\/\\\\/www.youtube-nocookie.com\\\\/embed\\\\/Wlko-iUtPJs?feature=oembed&iv_load_policy=3&modestbranding=1&rel=0&autohide=1&playsinline=0&autoplay=0"}\\n\\n\\n\\n\\n\\nI want to share with you my favourite budgeting app that I have found and the one I will be using to improve my budgeting and money management moving forward.\\n\\n\\xa0\\nTranscription:\\nI mentioned in the previous video that\'s something I want to get better at is money management and budgeting and something that I\'ve never really focused on in the past. I\'ve always focused on how to make more money and trying to make more money and I\'ve never really focused on getting good at budgeting and getting good at money management. I\'ve had times in my life where I\'ve been really diligent at it and worked really well, but eventually it slips by the wayside. I stopped focusing on it and it just falls apart basically. So in this episode I want to share with you guys my favorite budgeting app that I have found and one that I\'ll be using moving forward. Hey, I\'m Ryan from onproperty.com.au and I firmly believe that if you want to become a successful property investor, there\'s lots of different skills that you need to learn.\\n\\nOne of those skills as money management and budgeting, but there\'s also things like researching it, suburbs, finding positive cash flow properties, inspecting properties, talking to real estate agents, understanding, financing, negotiating. There\'s this whole myriad of skills that you need to build up in order to become a successful property investor, and so this year I\'ll be focusing on one by one working on those skills with you, so wherever you have gaps in your knowledge or gaps in your skill base, you can work on that, that which will move you forward towards your goal of financial freedom. So one of the gaps that I have, which is the perfect place to start really is this idea of money management saving and budgeting. I\'ve been really good at learning how to make money, not so good at learning how to budget and save money. So we\'re going to dive into it today and look at my favorite budgeting app, why I like it, why I recommend it, and you can save.\\n\\nIt\'s going to work for you, for everyone. Budget\'s going to be different. Different things work for different people. So it\'s up to you if you think this will work for you. And so let\'s bring up my phone and the APP is called spending tracker. So if you go into the APP store and just search spending tracker, it will come up. It\'s a free app to download a. There is a paid upgrade to it as well. Totally worth it. I think if it\'s for you, but try the free version and then upgrade if you feel it\'s worth it. I\'m not sure if it\'s on android or not. I\'m sorry for those android people out there, but it\'s definitely on iphone. So let\'s go ahead and open the APP and I will show you through it right now. What we\'re going to start with is looking at the settings and the reason that I love this app, if we go to the time period here, you can change it between weekly, monthly and yearly.\\n\\nA lot of the budgeting apps out there set you to only weakly or most of them actually set you to only monthly. Now the way me and my wife were going to be doing it, our finances is that we\'ve looked at our annual income or our projected annual income and we\'ve looked at some of the big expenses that are going to be happening this year. So my kids go to Montessori school, so I got to pay for school fees, we\'ve got rent that we needed to pay for phones, electricity, Internet, those sorts of expenses that we really get rid of in our lives. We\'ve kind of taken them out of our annual expenses so we won\'t be tracking them in here because we don\'t feel like there\'s much po...'