So, it's been a while since I've written a "my favorite iPhone app" segment...but this one was enough to make me revisit this segment. Last week I was having drinks with a friend when he mentioned an app called "Expensify". This is a handy app that helps you keep track of all of your expenses. And, if you're like me, you can pretty much find a reason to expense almost anything!
So basically, it works like this:
Instead of having bags/boxes full of expenses, you can easily add an expense within the app. Take a picture of the receipt, and then enter in the correct information in the corresponding fields: Date, Amount, Merchant, Category (transportation, meals, lodging, mileage, etc.). Then you click "Add" and now you have the receipt logged into your account.
You can also link your credit or check card to your Expensify account so that it will automatically keep track of all your purchases. And, with all the receipts/expenses that you track, you can create detailed reports which can be exported to programs like Quickbooks. It's a super easy app and is free for iPhones! The app is also available for other phone platforms...but check the website, www.expensify.com for details!