When it comes to money, I'd like to think that I'm a good budgeter. I categorize all of my spending, analyzing where I can cut back to save up for more important necessities, like retirement! An emergency fund! And… vacation!
However, if you ask my Mint account if I'm a good planner, it will likely tell you that I'm a colossal failure. I rarely stick to my planned budget—I stay within my overall monthly allotment, yet almost never successfully stick to what I think I'll spend on food, or clothes, or going out with friends. I get weekly reminders of how off I am, and not-so-subtle nudges to update my budget to realistically reflect on what I spend on "entertainment" and "alcohol and bars." (Also, who are you working for, Mint? My dad?!)
Level shows your spending goals for the day, week, and month.
Enter Level Money, a budgeting app that focuses on keeping your spending within a daily limit, instead of tracking categories. The idea here is to change the focus from compartmentalized budgets—like groceries, transportation, and shopping—to a new system of cash flow, or "spendability." Level launched on iOS last October, but joined the Android crowd on Thursday.
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