Firstly, I wanted to kick off this category with a bit more information on what it’s for. In a similar way to the broader community here, we’d love to see this category being used as a means of sharing valuable information and resources with others. In practice that means any interesting articles on the topic of personal finance, FinTech apps you’ve come across and liked (or disliked!) or hot topics in the news that may be of interest to others on this forum.
To kick off the conversation, I’d like to get a thread going around the topic of Budgeting. As the name suggests, personal finance is something that varies greatly for all of us, and one of the challenges we have as app developers is developing a solution that caters to a large audience whilst also giving you the support and flexibility you need. We know we’ve done a reasonably good job so far based on the user base we’ve built up in the last few years, but we’re putting a lot of focus on how we simplify budgeting as a principle to help as many people as possible so that Money Dashboard can scale.
I’d love to know - are there any particular frameworks (50/30/20, envelope, rollover budgeting etc) you’ve adopted in the past that you found most useful? Have you read any articles or books that have changed your mindset towards budgeting?