Comments on: Balance your bucks with Buxfer
Tracking personal and shared expenses online is easy with Buxfer, as long as you don't need any fancy accounting.
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In particular, I disagree with the following statement in the review:
"It's obnoxious that logging an expense to your mom requires you to provide her e-mail address, which also spawns an invite for her to join Buxfer. That seems like a cheap tactic for snaring users."
The claim above is not true. If you want to report expenses with your mom without entering her email addresses, there are several options:
1) Add a dummy email address (e.g., jessicas_mom@blah.com) and Buxfer will be more than happy to track your expenses with your mom. Buxfer won't urge you to provide any more verifications or confirmations about this person or email address.
2) You can improve the above solution by tagging such transactions with the word "mom", so that you can retrieve them quickly.
There are a couple of other things I would like to point out:
1) "There are no itemization features.": It is true that you cannot itemize a transaction with Buxfer. However, I believe this need is quite infrequent - none of our 2500 users so far have asked for this feature. Given the current interface, you can attach text notes to transactions, and put in any itemization information you want there. That said, at Buxfer, we are always receptive to users' requests and keep rapidly updating our supported feature-set.
2) In general, you haven't spoken at all about the other aspects that Buxfer provides. For example, Buxfer supports the notion of "group transactions" which are incredibly useful for groups of people who transact very often - like roommates. Furthermore, we at Buxfer have invested a lot of effort into making transaction entering as painless as can be. (And we are constantly improving on it!) There are also other aspects like tags, personal expenses, search, etc. which seem to have completely evaded your attention.
In particular, I disagree with the following statement in the review:
"It's obnoxious that logging an expense to your mom requires you to provide her e-mail address, which also spawns an invite for her to join Buxfer. That seems like a cheap tactic for snaring users."
The claim above is not true. If you want to report expenses with your mom without entering her email addresses, there are several options:
1) Add a dummy email address (e.g., jessicas_mom@blah.com) and Buxfer will be more than happy to track your expenses with your mom. Buxfer won't urge you to provide any more verifications or confirmations about this person or email address.
2) You can improve the above solution by tagging such transactions with the word "mom", so that you can retrieve them quickly.
There are a couple of other things I would like to point out:
1) "There are no itemization features.": It is true that you cannot itemize a transaction with Buxfer. However, I believe this need is quite infrequent - none of our 2500 users so far have asked for this feature. Given the current interface, you can attach text notes to transactions, and put in any itemization information you want there. That said, at Buxfer, we are always receptive to users' requests and keep rapidly updating our supported feature-set.
2) In general, you haven't spoken at all about the other aspects that Buxfer provides. For example, Buxfer supports the notion of "group transactions" which are incredibly useful for groups of people who transact very often - like roommates. Furthermore, we at Buxfer have invested a lot of effort into making transaction entering as painless as can be. (And we are constantly improving on it!) There are also other aspects like tags, personal expenses, search, etc. which seem to have completely evaded your attention.
Amit Manjhi
Amit Manjhi
1. Expense Categorization: Look at how much you spent across different keywords, or within different groups. A nice looking pie chart helps you quickly summarize what you are spending most on. Very helpful for getting a quick feel of where the money is going out of your wallet. You can then drill down further into transactions within a particular category.
2. Compare trends in your spending pattern: View daily and monthly trends in the way you spend money. Our innovative technology lets you easily visualize the days and months where you had an irregular spending pattern. Look out for spikes and anomalies in the graph, and simply click on the graph to see which transactions cost you the most.
- More features
- by Buxfer March 7, 2007 3:22 PM PST
- We released a bunch of tools for you to be able to understand your expenses, and drill down into your transactions to see where exactly your money is being spent.
- Like this Reply to this comment
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(6 Comments)1. Expense Categorization: Look at how much you spent across different keywords, or within different groups. A nice looking pie chart helps you quickly summarize what you are spending most on. Very helpful for getting a quick feel of where the money is going out of your wallet. You can then drill down further into transactions within a particular category.
2. Compare trends in your spending pattern: View daily and monthly trends in the way you spend money. Our innovative technology lets you easily visualize the days and months where you had an irregular spending pattern. Look out for spikes and anomalies in the graph, and simply click on the graph to see which transactions cost you the most.