Gullak: One of the Most Proactive Expense Manager Apps Available Today
Monday, March 7, 2016
Dealing with your finances is not so much about instinctively saving as much money as possible as forming a detailed plan on how you are going to go about with your budgeting. After all, if you are going to rely on simple black and white thinking when it comes to your finances, you would never be able to make the most out of your money. What’s worse is that you could even end up in the red in the long run. It’s these troubling scenarios that serve to highlight the importance of financial manager apps like Gullak.
To say that this app is “smart” could prove to be an understatement, as it is able to analyze the way you spend your money and make budget adjustments from there. This ensures that you are, at least, able to save up to 25% of your monthly earnings. Without a doubt, this is a favorable limit for most people out there who want to keep their expenses in check.
The app is able to do this by relying on both manual and automated recording of your regular income and expenses. Income or expenses that are recurring can be labelled as such and can be automatically added as well. In the main interface of the Dashboard, you will be given a very simple overview of your income, expenses, as well as the total balance of the two.
You can set categories on your income and expenses as well. For instance, if your income comes from websites, then you can label them as such. The same goes for expenses. The app even records miscellaneous information such as in what form do you transact the most (cash or credit). You can set how you want your overall financial data to be represented (in graphs or charts). This simpler approach to viewing financial data is a real plus for this app.
One unique, revolutionary feature of the app is its ability to scan and identify income and expense forms (receipts, bills, etc.) from your SMS messages alone. This way, not only would you be spared the hassle of inputting them manually, but you’d also always be sure that every transaction that you do is accounted for. Besides SMS syncing, Gullak also has an automated payments reminder that sends you a message every time a bill or two is due. You can set how frequently these recurring reminders notify you.There is also a budgeting feature wherein you set a certain limit to the amount of money that you can spend in a given time frame. Once you hit or go beyond the limit, you will immediately be sent a text message alerting you that you have done so.
The app offers support for many local and international banks, and more are being added on a consistent basis. You can even choose to track your ATM withdrawals with it in the Bank Account tab. However, it does make sure that it doesn’t record any vital information like bank account numbers nor does it record your netbanking login data. Lastly, it even has cloud synchronization, which makes it possible for users to access their data from more than one device.
Numerous personal finance apps already abound in the Play Store, however, what makes Gullak entirely different from them are the features like SMS syncing of your every financial data as well as its automated bills payment reminders. It is proactive in its approach to helping users with their finances, which is certainly an aspect that is exceptionally praiseworthy about this app. Not a lot of apps that deal with personal finance can boast of being as effective and responsive as this app, as most of them are only ever used as passive references. This is why if you really want a expense manager app that is aggressive in its desire to help you save up that hard-earned cash, then look no further than Gullak.
Google Play Download Link: Gullak
