AlloGator – auto money allocator 1.0
Device: iOS iPhone
Category: Education
Price: $3.99 -> Free, Version: 1.0 (iTunes)
Description:If you had a way, for less than $5, to learn habits that would have helped you avoid All the money mistakes you've made as an adult and helped you become debt-free and financially independent, would you have invested that $5?
AlloGator auto money allocator solves the problem of children, teenagers,and adults
inability to properly manage their money in order to be better givers, better investors and
better spenders and better goal achievers to ultimately become financially independent.
This app takes the money that the user inputs and automatically allocates it to 3 different
categories, Giving, Investing, and Spending, according to the percentages assigned by the
user for each category. By using basic math formulas, the amount inputted is multiplied
by the percentages that were inputted and then added to the proper category. The app
not only shows the balances in each individual category but it also shows the total. Thus,
allowing the user to keep his/her money physically anywhere they choose.
The idea behind it is that when the user wants to Give, Invest, or Spend money, they
would look at what is available in the appropriate category. For ex.: if the user wants
to Give money, he would pull up the app, look at how much is available to give in the
Giving category and then physically takes that amount of money out of whatever he uses
to keep his money in. So, a child could have $25 in a box under his bed and by looking
at the app, he knows how much of that $25 he could Give, how much he could Invest and
how much he could spend. With this app, there is no need for a child or anyone for that
matter, to have to put their money in different places. The app automatically allocates,
virtually, their money.
The Want calculator function is very unique because it promotes goal setting and hitting
and also can eliminate impulse buying. For ex: a child could have a goal of buying
a certain toy. He would put the cost of that toy in the Want Calculator and the Want
Calculator would automatically calculate the amount of money that child would need to
earn additionally to what he has available to Spend; keeping in mind that any money that
he earns must still be allocated among the 3 categories.
Check out http://ift.tt/10igLeg for more details about the AlloGator – auto money
allocator.
AlloGator – auto money allocator
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