BudgetBook is an iPad-only app made by the same developers as my favorite iPhone finance application, MoneyBook (you could have guessed from the name right?). The app is very well designed and has a lovely user interface which is a joy to use. The goal of BudgetBook is to let you keep track of your transactions in relation to a monthly budget you set, for total spending as well as category-specific budgets. In my view, this is the best way to keep track of your transactions and the only real reason you need a separate app compared to your internet bank. What makes the app as good as it is, is that it is simply and easy to use. Adding a new transaction doesn’t take you long, nor does setting up your budget (if you know what budget you wish to give yourself that is). You are able to set up several different accounts, each with their own transactions, however an overall budget for all the accounts.
What I would like to see!
The budgets feature, although really good, has one major flaw in my eyes. When adding income as part of the category budget (salary) it will say “100%” when you haven’t added a salary transaction. While this is the desired effect on expenses, income should be the other way around. With zero transactions for income, you have reached 0% of the budget. This may seem small, but for an application called “BudgetBook” it should be a non-issue. Since the same developer also makes MoneyBook with a My.MoneyBook cloud service, I would like to see some integration between these two applications. Being able to enter transactions on one device is fine, but both with syncing would be the killer feature.
As with MoneyBook, what I like about BudgetBook is that it is indeed so simple. Aside from the fact that it has got a gorgeous user interface, the app is very fast to use. It does not take you long at all to get your transactions into the app which is a big deal if you are going to use this on a daily basis. As our internet banks get more sophisticated, I like that the app just helps me find out how I am doing in relation to my budget. For these reasons, I would definitely recommend you getting BudgetBook if you want a solid finance app for the iPad that helps you keep track of where your money is going. Download BudgetBook for iPad here for $2.99