Blog Archives

Budget Your Trip Helps You Allocate Cash and Plan for Travel at Home and Abroad [Travel]

If you’re looking to do some traveling, Budget Your Trip can help you not only plan your travel expenses but track them while you’re traveling.

Budget Your Trip is a web site devoted to planning and budgeting travel expenses. You’ll find no shortage of web sites that cater to helping you budget in general, but the feature set of Budget Your Trip is heavily geared towards travel planning. You can plan a trip from scratch or build your trip budget off the existing averages and sample budgets they have for a variety of locales. If they don’t have a budget for the locale you’re traveling to, you can always save yours and add it to the global averages so future users can get an idea how much it costs to hit the mean streets of Whytucky, Kansas.

We'd definitely encourage you to double check any odd items you see in the projected average budgets, however. While we found the averages to be reasonable in most instances, we found a few odd balls in the mix—$2,719 average daily alcohol expenditure for budget travel in Paris made us wonder if there was a decimal problem or a traveler out there somewhere we really needed to go tour Paris with.

In addition to estimating your travel expenses you can actively track and update them as you travel. Penciled in $200 for your daily accommodations but got offered an upgrade to an ocean view for $215? Swap it out on the fly and a new budget is generated.

Have a favorite tool for travel planning, budget-related or otherwise? Let’s hear about it in the comments.






App Store Expense Monitor Keeps a Leash on Your App Store Purchases [Downloads]

Mac: With iPhone apps so accessible and perfectly within impulse-buy pricing, it’s easy to spend a ton of money without realizing it. App Store Expense Monitor tallies up the price of all your apps so you know how much coin you’ve dropped.

This cool tool teases out all the apps stored in your iTunes folder, grabs their prices from the App Store, and gives you a complete overview of how much you’ve spent. It scopes out the iTunes folders of all the accounts on your systems, so you can even break down how much less you spent than your spouse (so you can catch up, of course).

The Expense Monitor uses the current price of apps in the iTunes store so there’s no way for it to tell if you bought something on sale, or got it free before it became a premium app. Fortunately, you can easily edit prices in the Expense Monitor in just a couple of clicks.

Do you really want to know how much you’ve spent on apps since getting your iPhone or touch, or is ignorance bliss? Tell us in the comments.






BudgetSketch Creates a Workable Budget Before You Spend Your Money [Budgeting]

Web application BudgetSketch is a free personal finance budgeting application focused on collaboratively planning out your spending for future months rather than simply tracking the money you’ve spent in the past.

We’ve seen a lot of impressive personal finance tools designed primarily to help you track where your money has gone (perhaps most notably Mint), but BudgetSketch focuses less on the past and more on budgeting for the future—or as they put it, on "tak[ing] command of where [your] money is going, not where it has gone." You can set goals (pay off credit card), lay out your monthly expenses, and compare it all against your income to quickly see what your cashflow for upcoming weeks looks like. You can also link your account up with your significant other or kids to collaborate on your budget.

BudgetSketch is free to use, requires an email address to sign up.






Maintain a Good Credit Score with the 20-Percent Rule [Money]

Getting and keeping a good credit score is important in renting an apartment, buying a home, and most other finance-based ventures. CNN Money offers their best tips on how to maintain a FICO score, including the 20-percent rule.

Photo by Andres Rueda.

The article explains that how much you owe versus how much credit has been extended to you is the second most important factor in determining your score. By way of example, the author writes that if you've charged $5,000 on credit cards and have $50,000 in credit, your rate is 10 percent, which they say is "ideal"—though you can go up as far as 20 percent and still keep a good score. Once you consistently go over 20 percent, you begin to ding your credit score.

If you’re lucky, you hardly ever carry over a balance on your credit card to begin with, but in case you’ve accrued a bit of debt, this is information worth knowing. Check out the link for the other credit tips, then watch our video covering ten credit score myths dispelled.






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