Keep track of your monthly finances

Balance Forecasting is an app for the iPhone, iPad, and iPod Touch that helps you balance your finances.

Do you ever feel like you just can’t keep track of your finances? With all the bills you have, who knows if you’ll make it to your next paycheck before overdrafting your checking account? That’s where Balance Forecasting comes in to help you get your finances back on track.

Not difficult to use at all, Balance Forecasting lets you input reoccurring and one-time bills into the app’s interface so you know your monthly expenses. Then add in your monthly income, again on a reoccurring or one-time basis. This app’s great for workers with steady paychecks and freelancers alike.

Navigate from a set of four options on the bottom of Balance Forecasting’s interface and choose between Money, Forecast, Calendar, and History to see exactly how your finances are panning out. Once you’ve input all known bills and income sources in Balance Forecasting’s Money section, click on the Forecast option to see how much money you’ll have remaining at the end of each month. If you’re more of a long-term planner, Balance Forecast can show you your estimated overall financial savings for up to ten years (assuming your bills and income sources don’t change during that time, of course!).

One thing we noticed during our testing of Balance Forecasting is that the sum of monthly income didn’t match up with the actual amount listed. While this was annoying, it actually didn’t seem to have any effect on the figures in the Forecast section, which seemed to balance out correctly. It’s something to be aware of though as an issue that might crop up with Balance Forecasting if you’re inputting a bi-weekly paycheck into your income figures.

Balance Forecasting is also available for your Mac here.

If you’ve ever wondered whether you’ll have enough money in your checking account to make it until your next paycheck, Balance Forecasting is for you.