iXpenseit [$4.99 - iTunes link] for iPhone and iPod touch is a budget tracking app that has recently appeared on the iPhone commercials. It allows a user to track monthly and daily spending, breaking items down into categories, as well as allowing the user to see overall spending.
You start the app by entering various budget amounts for different categories. The default allows for a $1,000 monthly budget for all spending. You can also break down the budget into different categories: $200 for food, $50 for entertainment, $100 for auto, etc. This allows you to track overall spending as well as spending within each of the categories. (Interestingly, they have a specific budget for iTunes!!)
Once you have the budget set, you then simply start by inputting an entry everytime you spend some money. Went to the movies? Put it $10 for entertainment. Paid a $50 water bill? Put it in for utilities. Simply tap the "new" button on the main screen to input a new expense. Chose the category (like auto), subcategory (like gasoline), the amount, date, how it was paid (cash, debit card, etc), and the vendor. You can even include a little note for yourself.
As you spend money, you can track it with the "report" option. You can get a report on overall spending, or within a specific category. You can see reports as a bar graph, pie chart, a written summary. You can even export the data if you like! On the main home screen there is a "battery meter" showing your overall budget - you can see how much you have left, how much you have been spending per day, and so forth.
You have the option of searching for an item as well. Can't remember how much you last cable bill was? Search for it, and you can see if your bill has somehow drastically increased (gotta stop watching those pay-per-view UFC matches!!). Or you can just browse through the calendar for the date the payment was made.
Various settings allow for different levels of detail in the budget, using a passcode, editing the various categories and sub-categories, and even importing data from a CSV file (via a wifi connection from your computer). You even have icons for the different types of expenses, so you can look easily and identify the kind of expense.
All in all, iXpenseit is a full featured budget tracking program. In some ways, it is almost too full featured. It you simply want to track spending, this app may be overkill. But if you want a detailed breakdown of where you money goes each month, I think this is the app for you. At $4.99, (make sure to list it in the iTunes category!) the price is reasonable for the number of features that is included. Because of the breadth of features that are offered, I give this app four and a half out of five stars, but make sure to spend the time to learn how to use it to the fullest!
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