We all have, at some point, made a compulsive and guilty purchase of a product that we quickly regretted. As long as these spendings are occasional and fit within a well-balanced budget, there is not much to worry about. However, it’s always relevant to keep track of superfluous expenses and have the ability to differentiate them from essential ones.
There are countless applications on the Play Store that let you thoroughly manage your expenses, but many of them either ignore the relevancy of a purchase, or are too complicated to use. Guilt offers a well-balanced solution that lets you record expenses and associate them with a guilt level. At a glance, you see which transactions were unnecessary versus the ones that were essential and didn’t make you feel guilty. The basic concept behind Guilt is KISS – Keep It Stupid Simple, which the uncluttered and very-user friendly interface definitely supports.
Most of us would benefit from keeping track of our finances more carefully, and in the age of smartphones this no longer involves a pocketful of receipts and all your third grade math skills. I reviewed a lot of finance apps over at iPhone Appstorm, and was surprised not to find a similarly crowded market for Android apps.
MoneyWise stands out as a fully-featured expense tracker with a free (ad-supported) version for those of us who can’t afford to spend money on apps that stop us from spending money. Let’s find out if MoneyWise can help take take the pain out of financial responsibility after the jump!