Some people spend more than what they can actually afford. A lot of financial advisers recommend keeping a list of every purchase, so that each expenditure can be reviewed afterward. Most people start out okay but eventually forget a few days later.
An alternative? Level.
Level is a lightweight budget management app that links to the user’s bank account. Once it’s hooked up, the app will then calculate how much the user can spend in a day given their income. It shows the “spendables” left for the day, keeping users in check before they swipe their card or buy something that they don’t really need.
The cool thing about Level is that it also automatically detects fixed expenses. Over a hundred top banks in the US are supported by Level, so you’ll most likely be able to find your institution on the list.
Level also recommends and encourages saving, and we all know that’s not a bad thing. The app is available for free from the iTunes App Store, and an Android version is currently in development.