Product Overview of Mobills
Mobills is a comprehensive budget planning and personal finance management app designed to help users take control of their financial lives with ease and efficiency. Launched in 2014 by David Mosiah and Carlos Terceiro, Mobills has grown to assist over 10 million users in achieving their financial goals.
What Mobills Does
Mobills integrates your bank accounts, credit cards, and other financial instruments into a single, user-friendly platform. This integration allows you to track your expenses, income, and savings goals, providing a complete and clear view of your financial situation. The app replaces the need for scattered notes, bank statements, and spreadsheets, consolidating all your financial information in one place.
Key Features and Functionality
- Expense and Income Tracking: Mobills enables you to track your expenses and income effortlessly, using an intuitive and easy-to-use interface. You can categorize your spending to understand where your money is going and make informed financial decisions.
- Credit and Debit Card Management: The app allows you to manage all your credit and debit cards in one place, tracking limits, total amounts due, and receiving bill payment reminders to avoid late payments.
- Financial Planning and Budgeting: Mobills helps you create customized budgets by setting financial goals and categories. This feature ensures you can plan your monthly finances effectively and stay on track with your spending.
- Graphs and Reports: The app provides comprehensive graphs and reports to analyze your financial status. You can visualize your expenses through various charts, such as pie charts and line graphs, and export reports in Excel, OFX, or PDF formats.
- Bill Payment Reminders: Mobills sends alerts and notifications for upcoming bill payments, ensuring you never miss a due date and maintain financial tranquility.
- Cloud Synchronization: The app offers cloud synchronization, allowing you to access your financial data both online and offline. This feature ensures your data is always up-to-date and accessible.
- Financial Goals Manager: Mobills includes a “Dreams Tool” that helps you set and achieve realistic savings goals. You can customize these goals based on your specific needs and track your progress.
- Advanced Filters and Receipt Storage: The app allows you to filter your transactions by bills, categories, and tags. You can also store and save your receipts within the app for easy reference.
- Security and Support: Mobills ensures the security of your data through high-level encryption and storage on secure servers. The app also offers free support in English, accessible through the app itself.
Subscription and Accessibility
Mobills is available as a free app with some limitations, but users can upgrade to a Premium subscription for access to all features. The Premium subscription can be managed through your iTunes or Google Play account, with the option to cancel or turn off automatic renewal at any time.
In summary, Mobills is a powerful tool for managing personal finances, offering a range of features that help users track expenses, create budgets, manage credit cards, and achieve their financial goals with clarity and ease.