Monitor how much you spend
1
With Ferndi, you can track every expense that you make in real time. The feature for tracking your expense helps you Categorize your Spends and wallets that you Spend from.
2
Okay, Last month how much did you spend on Food? how about mobile data or credit? Transportation ? How much did you dash out to your significant other? How much did you spend on Charity? With Ferndi's Spend Categorization, We help you answer all these questions and more.
The hope is to make you take a look at your Spends and ask yourself, if I hadn't attended that Sports game, I could have saved 100GHS, When you start asking these questions, you will take your financial health more serious and Ferndi want's to spearhead that change.
3
I love music and as I type this, I have a Subscription to Apple Music Family Plan, Youtube Premium ( Comes with Youtube Music ) and Spotify Family Plan.
How much will that cost me a month? How about in 6 months, okay a Year? Ferndi helps me with that, giving me a clean UI presenting my Subscriptions base on durations that I pay (A month, a year and one time purchases )
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Ferndi doesn't only give you the ability to track your Subscriptions but it gives you a feature called Charge, With Charge, you record your Subscriptions payments by the tap of a single button, easy peasy.
As a plus you can even use Subscriptions to track your recurring Spends, Record once and effect and record payment on the Charge day.
The hope is to make you take a look at your Spends and ask yourself, if I hadn't attended that Sports game, I could have saved 100GHS, When you start asking these questions, you will take your financial health more serious and Ferndi want's to spearhead that change.
4
This is one thing that makes Ferndi really unique compared to other apps for wealth management. Wallets are at the core of Ferndi. To record a Spend, you must first create a Wallet and it is mandatory that there exist money* in the Wallet you are Spending from. Other apps allow you to record Spends from Wallets even if you have no money* in them. Ferndi doesn't allow that. In the real world you can't Spend from your wallet if you have no money inside. Ferndi goes against the status quo by trying to mimic real life. In fact this is why I call Ferndi An opinionated way to manage your wealth.
* Not real money, just a number that tracks the money in your real account