Being able to effectively plan and maintain monthly budgets is necessary for households in order to prevent economic mismanagement. A number of enhanced applications have been helping end users to achieve this aim successfully.

Umbrella Corporation, a provider of mobile applications designed to make life easier for its customers, has announced the introduction of the latest version of Budget Balance for iOS, its well known personal finance app. The mobile solution allows users to effectively manage their expenses, incomes and salary to plan their budgets in a better way.

Based in Cairo, Egypt, the company has developed a number of enhanced apps such as Budget Balance and Car Xpenses previously, which help end users in improving their overall productivity, efficiency and time-management.

Leveraging the potential of Budget Balance 1.0, users can easily customize their expenses and incomes in a unique way to sensibly maintain their salary and incomes. The application specifically emphasizes upon balance management, which is a vital aspect as far as workers are concerned. Additionally, a number of other helpful features and capabilities within Budget Balance allow workers to keep their balance in a consistent state.

“Let’s face it, most people are not accountants,” commented Amr El Rafie, founder of Umbrella Corporation. “It can be very difficult for workers to keep track of all the expenses they have had done during the month. That makes it even more difficult to know what types of expenses or incomes should be coming around the bend. Not anymore, though. With Budget Balance, anyone can keep track of their money/balance management - like a pro - and never have to try and remember when they last time spend their money.”

Featuring a streamlined and user-friendly interface designed by usability experts, Budget Balance allows the users to enter transactions through simple clicks; choose category, cost and sub-category; create unlimited customized sub-categories; locate transactions on a map; view transactions by day, week, month or year; view transactions by location and access to the Animated Pie chart for various transactions categories as well. Further, the users can also update their budget info on the fly and organize all income or expense related data with just a few finger taps. Budget Balance 1.0 is available for purchase at iTunes at a price of $4.99.

In April 2012, Umbrella Corporation announced the release and immediate availability of Car Xpenses 1.1, a new productivity application designed for the iPhone (News - Alert), iPad and iPod touch devices. The app helps users save time and money by managing all of their vehicles expenses, services and maintenance needs with a few simple clicks.

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