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Unlimited Bill Reminders
Shared Bills and IOUs
Buxfer is one amazing software designed for personal financial management purpose. It is available for free online and you can login into Buxfer using any of your running social media accounts like Facebook or Google. Buxfer helps you not only to make your personal budget and keep a track of your expenses but is also allows you to keep a track of your shared bills and split it among your friends and family. The software is adaptive to mobiles thus making it very handy and easy to update. One can make budget limits for different categories of expenses for easy and convenient tracking. The software allows you to split bills equally or in any other ratio as desired by the users. Any update made by one, reflects in real time to all users and any party to the expense or income can change the ratio from their own user account. This feature of the software also has an upper cap where in the users cannot edit bill after approximately 25 days of submission.
It has an amazing “IOU” function through which you can automatically know who owes and how much to the others. It alarms you every time your expenses go out of track. Categories going above the budgeted amount start appearing in red to attract attention every time you open your account. The account statement is depicted in graphical and chart forms for easy understanding of the user. It helps you to track down your expense pattern from historical data present in your account. You can even analyses your expense pattern periodically and find out areas to cut down expenses. This way a user can also know when and what went out of the predefined budget over a period of time.
There is a need to add more types of accounts like online wallets, on the software tool as presently it restricts itself to Bank accounts only. There is also a need to enhance the visual effects of the front end exported sheets. It has limited features for analysis and is not very reliable as before. Also, there are separate tabs for different categories of expenses data entry making it a little time-consuming process.
Saturday 16 February 2013
Buxfer is a great solution for people with serious debt, people who need to save for something specific, and people who chip in to buy things with other people, like roommates. I, myself, like it for the mere fact that, as a Facebook user, I don’t need to create another user-name and password. That’s priceless. No matter what your looking to do with your finances, Buxfer has an answer. I consider myself pretty creative and Buxfer was able to manage anything I could conjure up.In the end, Buxfer is a great personal finance budgeting site with many cool features. It reminds me of being on a diet.More about Buxfer
Thursday 26 January 2012
Buxfer may find its place among those who deal in cash transactions amongst friends and needs to keep track of those. However, since the website support is lacking and its co-founders have left the company, any users should probably begin use another budgeting application for their needs. Therefore it's really hard to recommend this app to anyone.More about Buxfer
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