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The regulars and readers of my blog know that I do a large number of market research surveys related to my profession (physician). I have always tracked the income from those surveys old school by recording each incoming check in my date book. At the end of each month, I'd go through the book and total up how much I earned that month. At the end of the year, I'd sit down with all of the payment stubs, sort them by company, and create a handwritten report to use when filing my taxes. The system is effective but certainly not efficient.
Enter technology.
This month, with my new iPhone 5, I searched for an app that would automate the process. I found MONEY MONITOR. I've been using it since January 1 and it is perfect. Each time a payment comes in, I'm able to create a new entry to record that payment, the amount, and the company it came from. At any time, I can quickly see a weekly, monthly, quarterly, or yearly report of what I've earned so far. I can also get a report with both a list and a pie chart showing how much I've earned from each company that week/month/quarter/year. So come the end of 2013, no more sorting through scores of check stubs. The app will have everything totally broken down for me. Simple and easy.
Score one for technology.
Enter technology.
This month, with my new iPhone 5, I searched for an app that would automate the process. I found MONEY MONITOR. I've been using it since January 1 and it is perfect. Each time a payment comes in, I'm able to create a new entry to record that payment, the amount, and the company it came from. At any time, I can quickly see a weekly, monthly, quarterly, or yearly report of what I've earned so far. I can also get a report with both a list and a pie chart showing how much I've earned from each company that week/month/quarter/year. So come the end of 2013, no more sorting through scores of check stubs. The app will have everything totally broken down for me. Simple and easy.
Score one for technology.
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