What is Net Savings? 

Net Savings is the unspent money from every month in the your account. It should ideally reflect your bank balance if all the card and cash expenses are captured.

Why is my Net Savings showing a negative value despite having entered my Income?

Original – Why is my Net Savings negative when my Income is not? 

Since net savings is the sum of all the savings over months, if you have spent more than your income in most of the previous months, then net savings will be negative.

Firstly, we allow users to add expenses without adding any income which can cause “Net Savings” to go negative.

Secondly, the negative savings can also reflect your credit expenses.

What is the best way to use Net Savings? 

Check your bank account and make sure your net savings is on par with your bank balance. This will be a one time effort and if you continue to track all your income types (salary, bonus, share trading etc) and expense types (cash, credit-card, insurance etc ) your “Net Savings” will always reflect your bank account.

Hope you enjoy this feature as much as we enjoyed bringing this to you.

You read right! We at Ionlab have decided to make the desktop app FREE for all our TrackEveryCoin customers starting today.

What is a Desktop App you ask?

Please go through our earlier post on Desktop App to learn what it is all about and how it can help you.

How Do I download and Install the Desktop App?

You can now download the desktop app for TrackEveryCoin for free by following the following simple steps

Please go to our website – www.trackeverycoin.com

Click on the “Get Desktop App” button on the screen to notice a pop up window and then click on the “Install Now” button and follow the instructions to install the desktop application on your computer.

Note: The desktop application is a one way sync, all your data on the desktop application is backed up on your web account. But the data on your web account is not transferred back to the desktop application!

Hope you enjoy using the desktop-app!

During this Indian festival season, we are super excited to bring a new pie chart to all Track Every Coin customers.

Track Every Coin team presents – 3D Pie chart with better user interface. You can now hover your mouse on any of the pie to see the amount, category-name and percentage share of the expenses.

Log onto your account and try it for yourself. Let us know what you think about it.

Secondly we have optimized the performance of our mobile website (http://m.trackeverycoin.com) to load faster. It now has a better and more updated backend engine. It is faster and better looking on your phone.

Last but not the least, we have added more options for adding recurring reminders. Along with expenses and income, you can now add different frequency to reminders. Newly added frequency list are

• Weekly
• Bi-Weekly
• Monthly
• Bi-Monthly
• Quarterly
• Half Yearly
• Yearly

Here is how you can do that. First, open safari browser and visit: “m.trackeverycoin.com”

Now touch the “+” symbol and touch the “Add to Home Screen” option as shown below:

You can choose your own name. Notice the Track Every Coin logo is auto loaded when you do this.

Now touch “Add” button:

This will add the icon on your home screen. You can now access Track Every Coin’s mobile website easily from your home screen.

Feel free to comment on this. We look forward for your feedback.

The current release if focused on making changes based on the prioritized feedbacks. This is what in store for the first batch:

1. Many users wanted to add recurring expenses based on the following:

• Quarterly
• Bi-Monthly
• Half-Yearly

Advantages of having these recurring expenses is to enable you to add your Life Insurance premium which could be a Quarterly / Half-yearly payments.

You can now add recurring expenses based on the following

• Weekly
• Bi-Weekly
• Monthly
• Bi-Monthly
• Quarterly
• Half Yearly
• Yearly

2. Any expense marked as a “Reimbursement” is not shown in the Expense graph anymore. In other words, any reimbursable expense is only present in the expense listing and not in the expense graph.

Hope you find these features useful! Kindly continue to send us you feedback and suggestions and enable us to serve you better.

“I recently bought a new graphics card for my computer and realized that it has 3 years of Warranty! Now now… where do I save the receipt for 3 years?”

“My CA has been asking me for all my payslips to file my tax return.. Wish I had saved them in one location!”

If this seems to be your problem, Track Every Coin has a solution for this! Yes you can now attach your receipts under “Add expense” and attach your payslips to your “Add income” feature.

Consider an example where you have bought a graphics card and you have a 3 years warranty. Using your mobile phone you can quickly click a picture of the receipt…

Now login to your Track Every Coin account and click on “Add Expense”

Select the file (can be jpg or pdf) and save it. We are currently limiting the size of the file to 1MB. Once the file is attached, it is displayed in your grid.

Now be worry-free about keeping your receipts handy, for most of us dont find the recepits when we need them the most. Claiming your warranty becomes very easy.

We help you save your documents for life

Do tell your friends about this new feature!

In short, all the features available on the trackeverycoin website currently is now made available for your mobile!

1. Reminders

Add a reminder on the go from you cell phone. You remember something, add it quickly onto your account. This can be a bill payment / insurance payment or even birthday reminders! Track Every Coin will send you a recurring/ a non recurring reminder email when it is due.

You can also mark your reminder as paid or add it to expense.

Marking it ‘as paid’ will remove the reminder from the list but will not add it to the expense grid. On the other hand, ‘add to expense’ will mark the reminder as paid and will add it to the expense grid.

2. Who owes me

View all the expenses others owe you. We have added this on the mobile access as it makes it easy to see how much your friend owes you when you meet him!

After the settlement, you can mark them as money received.

3. I Owe

We have also added “I Owe” for mobile access. Expenses shared against you or in case you want to make a note of your ‘I Owes’, you can do the same!

We hope you enjoy these new features. Please feel free to share your comments / send us your feedback.

Track Every Coin mobile access now has a new mobile framework!

What does this mean? Better UI, better usability for users. The framework is highly optimized for touch smartphones and tablets.

How does this work?

Step 1: Visit “m.trackeverycoin.com” from your smart phone! You can bookmark it on your phone’s browser or download the TEC launcher for Android phone.

Step 2: Signup if you are not a user and start enjoying the new UI!

Note: In case the framework doesnt work on an older nokia phone, please download opera mini for you phone.

Hope you enjoy the new look and feel. Feel free to comment on this.

Track Every Coin now has an Android App! You can download your android app from the android market, just search for “Track Every Coin”.

Click here to download it from the app market.

The android application works like the facebook app, your need to be online to use the application.

The application is FREE to use!

If you travel a lot and need the app on your laptop/netbook or like to have your financial information on your desktop, then the Track Every Coin Desktop Application is for you!

The App also has an option to sync with your web account at Track Every Coin for data backup. If you change your computer your data is always intact.

We have built the app with Adobe AIR, that makes it platform independent. It works on Windows, Mac and Linux.

You can download the application by visiting our homepage: www.trackeverycoin.com, click on “Get Desktop App” and then click on Install now. Here are a couple of screenshots:

Expense screen:

Graphs -> Pie charts:

Go on and download the app for your computer. Download from here.