A young friend asked me to help him with his budgeting/finances. He's socking away 12% in his 401(k), has almost no credit card debt, some student loan debt, and a car payment. He's in much better shape than a lot of kids his age.
His problem is that he's paying ridiculous overdraft fees to BoA. He needs some kind of a budget app for his iPhone that alerts him to what bills are coming up for that week, so he doesn't overspend.
I've convinced him to take out his "fun" money in cash, and not go out on the town with a credit or debit card. When his cash is gone, he's got to head home.
I tried to turn him onto Quicken, but after showing him a little, he asked if you can do it on your phone. I know there is a Quicken Mobile App, but it seems more of a companion to your computer. I think something that is totally mobile makes more sense for him. I know very little about MINT and MoBill Budget, and am wondering if anyone has any suggestions and/or tips?
I think this will be an interesting project. Or not.