"MoneyWYN... Helpful money app that analyzes your spending"
"MoneyWYN... Helpful money app that analyzes your spending, using the Balanced Money Formula."
About the App
MoneyWYN is an iPhone app created to help you find out how you are living financially. It is partly based on information written in the book
All Your Worth: The Ultimate Lifetime Money Plan by Elizabeth Warren and Amelia Warren Tyagi.
In the book, the authors break down spending into three primary categories: Needs, Wants, and Savings. Each category has a specified target percentage of your earnings that should be going to it, helping to keep your spending in balance: 50% for Needs, 30% for Wants, and 20% for Savings. If you’re in balance, you are within the percentages and are likely on your way to building wealth for yourself and your family because you are living within your needs.
- 06-30-2012, 09:03 AM #2