If you are using a cash-based budget, this app allows you to quickly breakdown items on your budget and gives you the counts of bills that you should request from your bank. If you follow the Dave Ramsey cash-based system for budgeting and use the envelope system to budget your expenses, this app will tell you the counts and bill denominations you need.
You can customize if you want hundreds, fifties, twenty dollar bills etc. You can even customize change amounts.
Lets say you have three budgeted items entered
1. Groceries $225
2. Entertainment $85
3. Dry Cleaning $35
This app will tell you how much money you need to withdraw from the bank and the notes to request (cash breakdown)
2 x $100 bills
6 x $20 bills
1 x $10 bill
3 x $5 bills
Grand Total: $345
It will give you the breakdown for the total amount on your budget and then the breakdown for each individual item. When you have a lot of budgeted items, this calculation is tedious and difficult.
You can easily put the money into your envelopes because you will know the exact bill breakdown. You never have to do these calculations manually at the bank again. With the Cash Breakdown app, it is simple!
App Features include
- Sorting your list of items
- Quickly select/deselect items to include on your breakdown
- Easily add/delete and edit the items that are on your list
- The ability to choose which bills you prefer (e.g. no $100 bills, only $50, $20, $10, $5 and $1) or any combination you prefer
- Cash Breakdown of the total amount and each individual item
Cash budgeting will now be a breeze!