Managing Investments

Best personal investment apps for iPhone

Freelancers rejoice

Best invoicing apps for iPhone

Apps

Best check splitting and tip apps for iPhone: Plates, Gratuity, Tab, and more!

Apps

BillGuard expands internationally, now available in Australia, New Zealand and the UK

Apps

Best home buyer apps for iPhone: Redfin, Homesnap, Credit Karma, and more!

Apps

Best expense tracking apps for iPhone: Concur, Expensify, Mileage Log+, and more!

Apps

Billguard now available in Canada

Apps

Best iPhone and iPad apps to file your taxes and get your refund faster!

Apps

Best personal finance apps for iPhone: BillGuard, myFICO, BUDGT, and more!

Apps

BillGuard updates with unlimited, totally free, credit card monitoring

Apps

BillGuard 4.0 for iPhone brings spending analytics, savings alerts, and more

Apps

Mint update brings new design, spending trends

Apps

Best Stock Market apps for iPad: Bloomberg, StockTouch, Stock Guru, and more!

Apps

Yahoo! Finance update brings all new look, better personalization

Apps

Funds for iOS lets you get a glimpse of where your money goes, tracks what you're saving

Apps

Split My Tab for iPhone lets you split, pay for, and keep track of who owes who when eating out

Apps

Next Expense Tracking 2.0 for iPhone brings a cleaner interface, French localization, and more

Apps

Reward Summit for iOS updated with all new interface, fixes for crashes

Apps

Reward Summit for iOS helps you choose what credit card to use to maximize points and rewards

Apps

Best budget apps for iPhone: BUDGT, Mint, You Need a Budget, and more!

< >

Balances for iPhone review: Keep track of all those IOU's you have with your friends

Balances for iPhone review: Keep track of all those IOU's you have with your friends

Balances is an iPhone app that helps you keep track of the various little debts and credits that you have with your friends. It features a delightfully simply design that makes is super easy and fast to add an entry with a note.

Balances is simply two lists: your current list to debts and credits and a completed list of the debts and credits that have been fulfilled. There are also two giant buttons at the bottom of the screen to add a new entry: the green plus sign is for a credit and the red minus sign is for a debt.

If a debt or credit as been fulfilled, you simply swipe it to the right to check it as completed. Swiping an entry to the left will delete it. But be careful, it's deleted for good, so don't do this by accident!

One thing I would love to see added to Balances is a way to view a total debit or credit with individuals. For example, if Rene borrows $5 from me for lunch, then $3 for coffee, but then buys me a $15 movie ticket, I want to be able to easily see that I ultimately owe Rene $7.

The good

  • Simple, clean design
  • Adding entries is fast and supports notes
  • Swipe entries to right to mark as completed, swipe to the left to delete
  • Swipe screen to the left to see completed credits and debits and easily move entries from completed list back to main list

The bad

  • Can't select currency, nor is there support for multiple currencies
  • Deleted entries are gone forever -- don't accidentally delete one!
  • Would love to see a total tally for each perosn

The bottom line

Balances is a fantastic app for keeping track of IOU's. Never again forget that Bill owes you for picking up his lunch or that you owe Sally for buying you that gourmet coffee drink. Balances will help you keep all the debts and credits in check.

Leanna Lofte

Former app and photography editor at iMore, Leanna has since moved on to other endeavors. Mother, wife, mathamagician, even though she no longer writes for iMore you can still follow her on Twitter @llofte.

More Posts

 

-
loading...
-
loading...
-
loading...
-
loading...

← Previously

Review 3: Star Trek Into Darkness

Next up →

iOS 7 wants: An iMessage. Merged with FaceTime. That works. Everywhere.

Reader comments

Balances for iPhone review: Keep track of all those IOU's you have with your friends

10 Comments

I don't know anyone who "loans" a friend money, in the sense that they expect to get it back and keep track of how much etc. In fact, I don't think I've ever met such a person in the last 40 years or so.

My mum always said that you should never loan anyone money if you can't afford to simply give it away to that person. You shouldn't loan money to strangers in the first place, and the stress of owing money to your friends will destroy your friendship.

This is because:

- there is no way to ask said friend for the money back without sounding (and essentially being, a big douche).
- if you never ask, you will harbour resentment

"Lending" money to a friend is a lose-lose situation. Always.
Just give it to them instead.