Budgeting app Mvelopes has just added an extremely convenient new feature: the ability to pay bills directly from within the app.

See, while other budgeting apps may have the ability to list bills that need to be paid in their apps, actually paying them becomes a challenge. This new Bill Pay feature allows for transfers directly from the bank to those institutions that need to be paid. It’s possible to add multiple bank accounts – even from entirely different banks – to help make paying back bills easier, and users can transfer money between banks using the app.

When using this feature to directly pay bills, the app can also track payments and forecast future payments to help keep spending in line. While it’s not possible to add new bank information while on the go, scheduling payments for as soon as the next day can be done while mobile. Data is encrypted so that if a device is lost, this important data is safe. These features are available as part of the Mvelopes Premier package for $9.99 a month, and are integrated into the app, which is available now.

FREE!

Mvelopes

+ Universal App - Designed for iPhone and iPad
Released: 2011-02-17 :: Category: Finance

We like unique finance apps, like CoinKeeper. Now another interesting finance app has popped up called ImpulseSave. ImpulseSave allows users to save money by literally taking it out of their accounts and putting it into an ImpulseSave savings account.

Users setup goals to save up money for (like a new iPad). The purpose of the app is for users to get the same experience of spending their money when they’re actually saving it. Instead of an impulse buy, they save impulsively. Users can use the app anytime they feel like saving some money (perhaps when they stop themselves from making an impulse purchase). The funds are transferred to a bank account with no fees and users can access that money whenever they’d like (although the common 2-3 business day wait for bank transfers apply). Money in the accounts even gather interest!

ImpulseSave was already established prior to the app at ImpulseSave.com. And non-iOS users can even use ImpulseSave on any other mobile phone through their SMS service.

FREE!

ImpulseSave

iPhone App - Designed for the iPhone, compatible with the iPad
Released: 2012-05-29 :: Category: Finance

Late last month, I reviewed CoinKeeper, a budgeting and finance app that I thought was particularly good (it received a 148Apps Editor’s Choice award). When I first looked at CoinKeeper, I made the assumption that in simplifying the interface of finance apps in such a creative way the developers wouldn’t build in the powerful budgeting features found in other apps. I’ve since spent over two weeks with the app. In that time, I’ve discovered some of those powerful features I didn’t notice before, ignored some features I previously thought may have been useful, and have tips for new CoinKeeper users.

Reviewing The Review
A feature I must have missed is subcategories. As the name suggests, subcategories are categories within the categories users have already added. New subcategories are added by tapping on an existing category, then a transaction within that category. As an added bonus, within the statistics screen showing a piechart of expenses, piecharts for subcategories are also available.

I had mentioned syncing in my review, but I have to reiterate the fact that this is the strongest feature of CoinKeeper. The syncing is quick and up-to-date, making the previously annoying task of keeping track of both mine and my fiancee’s finances an easy and daily occurrence.

Also, the daily reports feature was much more useful than I had previously considered (I briefly mentioned it in the review). The feature gives users receipt like notes for each day highlighting the money spent on each budget (and received from income). It was a great way to flip through and figure out what money is being spent on daily.

The game feature that included earning stars and points in attributes, wasn’t motivational or fun. In all honesty, I’ve completely ignored the feature ever since I started using the app on a daily basis. Looking at it now, I’m apparently level 2 in Thrifty and Hoarding, level 3 in Consistent, and level 1 with 0 points in Prosperous (how stereotypical for a writer).

Tips for New Users

• Make a miscellaneous income account. In the review, I had suggested that all users make a miscellaneous expense category because the app doesn’t allow users to make transactions that don’t go into a category. Miscellaneous income also happens and is useful. I used it for birthday money, gambling (poker night with friends), and selling things (sold my first iPad).
• This is just a general budgeting tip that helped me feel better about using the app: underestimate income and overestimate expenses. Over-budget coins are bright red and completely full (instead of a percentage full and green or yellow). It’s not a nice feeling to stare at multiple bright red coins, especially before the month is over.

The Last Word
I can’t do much more to suggest CoinKeeper as a must-have finance app, especially for couples or groups sharing a money pool. We’ve already rated it 4.5/5 stars, given it a 148Apps Editor’s Choice award, and now, published an in-depth follow up of the app. Now it’s up to you to buy CoinKeeper.

$5.99

CoinKeeper: personal finance, budget, bills and expense tracker

iPhone App - Designed for the iPhone, compatible with the iPad
Released: 2011-10-17 :: Category: Finance

It’s coming down to the time for us procrastinators to either suck it up and do our taxes or file an extension. Taxes, and finance in general, are not the most exciting of tasks. And on a yearly basis, I seem to wait until the last minute to get this done (just did mine today). When taxes and finance are put into app form, they can be a little less boring. Check out our four favorite tax season apps for taxes and generally being in a better mood about finance and budgeting.

Tax Receipt Log: The most important thing about finance apps is speed and organization. Tax Receipt Log makes the process of saving receipts both quick and organized. Users snap a picture of the receipt, enter an amount, and tag it under a category. Text and voice notes can also be added to the entries. And when tax season comes around, all of the expenses can be exported as a spreadsheet and sent out via email. It may be a little late to organize receipts in this way this year, but now’s a great time to start for next tax season.

$2.99

Tax Receipt Log

iPhone App - Designed for the iPhone, compatible with the iPad
Released: 2011-03-31 :: Category: Finance

CoinKeeper: This is a recent favorite of mine and we even awarded it an Editor’s Choice award here at 148Apps. CoinKeeper does what most finance and budgeting apps fail to do, it makes the process of entering all transactions into an app make sense. CoinKeeper has a beautiful and unique interface. The motion of dragging a coin from an income to an account and from an account to a budget just simply makes sense. It’s a quick motion and is intensely visual. Seeing a monthly budget in terms of colors and coins filled up by percentage is exactly what I need to keep my money in check. Anyone serious about their budgeting absolutely must have this app.

$5.99

CoinKeeper: personal finance, budget, bills and expense tracker

iPhone App - Designed for the iPhone, compatible with the iPad
Released: 2011-10-17 :: Category: Finance

PocketMoney: I reviewed this one back in 2009. Like CoinKeeper, PocketMoney is a way to keep track of all transactions through the year. It has budgeting options, multiple accounts, and everything most would need out of a budgeting app. There are even advanced options like category splitting which allows users to put parts of a transaction in one category and other parts in another (like buying a DVD while grocery shopping… partially in entertainment and partially in food). Unlike CoinKeeper, PocketMoney doesn’t have a unique and revolutionary interface. It has the more traditional iOS interface with simple rows of transactions and bottom buttons. I would suggest this one for users that can’t get attached to the CoinKeeper interface.

$4.99

PocketMoney - checkbook, budgets, expenses

+ Universal App - Designed for iPhone and iPad
Released: 2008-07-11 :: Category: Finance

Mint.com: Mint is a service that helps users track all of the information that PocketMoney and CoinKeeper need inputted manually. Mint keeps track of accounts and transactions automatically and does its best to sort the transactions into categories. Budgeting is fairly easy with Mint but the automation isn’t exactly perfect. Transactions will sometimes be categorized in the wrong place and need to be manually fixed. Also, Mint doesn’t work with all banks. Billy Miller, who reviewed Mint on 148Apps back in 2009, had some trouble with the app supporting small banks and credit unions, “A lot of people who prefer small banks or credit unions will probably run into the same situation.”

FREE!

Mint.com Personal Finance

+ Universal App - Designed for iPhone and iPad
Released: 2008-12-18 :: Category: Finance