Cha-Ching by Midnight apps is a personal finance management application for the iPhone and iPod touch. The current 1.6 version of the app goes for $2.99 in the App Store. Have you ever thought you have more money than you actually had? Cha-Ching takes the guess work out of managing your money. This app helps you keep a registry of all your transactions across multiple accounts, including your cash. However, does the functionality of this app out way its cost?
Cha-Ching is chop full of all of the features you would expect from a money management application as well as some innovative features that make using the app a sheer pleasure. Managing multiple accounts is simple with Cha-Ching. When setting up a new account you have the option of setting it up as a savings, credit, online, loan or cash account. Therefore, you can manage all of your accounts in one place.
Managing payees is also simple with Cha-Ching. Although payees must be entered manually, you have many ways of finding your payees when logging transactions.
You can add frequent payees to a favorites list or use the search option to locate payees quickly. One unexpected but highly intuitive feature is the ability to add location information to your payees. With location information for all of your payees the app can compile a list of payees near you to quickly log your transactions. Each payee falls under a predetermined category or customized categories that add additional functionality to logging your transactions.
The scheduler feature is really useful if you have many reoccurring transactions which we all have become come accustom to i.e. rent/mortgage payement, mobile phone bills, app allowance perhaps. This feature helps you keep all of your reoccurring transactions together and you can customize when the app tells you something is due soon.
The payee management system is intuitive and the overall UI is very clean. Cha-Ching also adds some unexpected, but nice features, like location based payee list and a monthly budgeting system. The budgeting system shows you at anytime how much you have spent in a given category, and how far you have until you reach your budgeted limited.