MyBudgets is not for
millionaires. Millionaires don't need to budget. Normal people do.
This program makes it very easy to produce household budgets.
(Editorial comment: The author is a "Budget Maniac" and believes
that doing so is the best way to manage your finances, get bills
paid off, and save for the future. At any given time,
the author always has budgets created for every pay period for the
subsequent twelve months. This led to the
creation of this program.
Once you have used the Configuration Menus to customize
MyBudgets to
fit your situation (days of the month that you are paid, your
monthly bills and estimated expenditures, etc.), you are ready to begin
creating budgets for your upcoming pay periods. The Display screen
has many features and it displays your Income in the top portion of
the display and your Expenditures in the bottom portion and shows a
running remaining balance based upon total income and your
configured expenditures.
Two very time saving features are the ability to just select
checkboxes for the monthly bills (that you created in the
Configuration Menus)
for a new budget and the use of Templates. Templates are a powerful
feature that allow you to create budgets for upcoming pay periods
using just one click.
There are countless ways to use the reporting and searching tools to
review both past and future budgets in order to see your
expenditures in the past and/or how much you are
planning to pay in the future. And ... much more!
This program allows for, in fact, two different 'users' so that each
user in a household could (if so chosen) maintain budgets separately.
I imagine most households will only use the first user.
The purpose of MyBudgets is twofold. First,
it is used to project and produce budgets for upcoming paydays and
secondly, it is to be used on payday itself to make sure that you
are remembering to pay each bill as you have scheduled in order to
meet your financial goals. |