One of the biggest challenges facing first-time home buyers is saving up for a down payment. Saving for a down payment can be hard work, but the first step is gaining some visibility into where the money goes.
My Weekly Budget is a simple app designed to help people set spending targets and track where their money goes. From the website:
“My Weekly Budget® (MyWB) lets you focus on simple spending targets for the week. Focusing weekly on a spending target helps you meet your budget and save money over time. When using MyWB consistently, it’s easy to stay within your means because you are updating your spending each time you purchase something.This app is easy to use and easy to understand. It is simple, yet powerful.
First, set a weekly budget target. Then, enter your spending with a uniquely simple, straight-forward interface and instantly see whether you are meeting your budget. MyWB also shows you how much of your set budget you have left to spend at any given day of the week. The goal of this app is to help you control your spending with minimal effort.”
Pass this app along to your clients or try using it for yourself. Learn more and download the app here: