Review: Splash Money for BlackBerry

SplashMoney for BlackBerry
By Ryan Blundell on 8 Jul 2008 09:19 am
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As the price of pretty much everything is going up, it’s becoming increasingly important to have a tight handle on your finances. You need to know where your money is going and where you may have to redirect it to.  I find myself, as I’m sure most of you do, banking online more and more. Let’s face it; it’s just more convenient than standing in line.

Then comes the number crunching. You spend time writing down (or cutting and pasting) each transaction and filing them into categories. Wouldn’t it be easier to have an application that can create a report or pie chart for you at your fingertips? Something that’s a little more secure than accessing the information on your home or work pc?  You never know whose eyes are glancing over at your widescreen LCD.

Last week, Splashdata unleashed SplashMoney to the BlackBerry world. This is excellent news, especially if you are a former Palm or Windows Mobile user. With this app you can have your account information, balances and transactions, secured, at your fingertips. SplashMoney also allows for bank account reconciliation. There’s more for your money after the jump.

Depositing my two cents

SplashMoney is an in depth financial manager, protected by a password of course. Like the SplashID application I reviewed, SplashMoney’s password is secured using Blowfish Encryption. The application can be used on your BlackBerry or paired with its PC twin. I’ve read, in the CrackBerry forums, that many have found problems with accessing their banking sites on their BlackBerrys. With SplashMoney, it brings your account info to you. As I’ve experienced, not all accounts are accessible. Canadian banks apparently do not support wireless access the way that American banks do. Because of this, SplashMoney is unable to access them through their wireless bank features at this time.  Since I’m Canadian, I won’t be able to share the full features of this application. You’ll just have to take my word for it.

SplashMoney
add in payments, withdrawals, transfers, charge
and watch your money at work

In this case, they key to making this application work for you is diligence; keep your records up to date. The more info you can input/ download, the better SplashMoney will work. When you first open SplashMoney, there are 5 types accounts already laid out for you; Amex, MasterCard, Visa, Checking and Savings. You can add, delete or edit accounts until you have it set up to your liking. Track, cash, assets, line of credit or money market.  Within each account, you can enter information such as currency, beginning balance, account number and even personalize with their vast selection of icons. The currency setting starts as a great addition, but then I got to thinking; it’s a nice touch to be able to offer different currencies, but SplashMoney could go one step further. Why not include the ability to access the latest exchange rate too? It would make the program that much more handy while globe trotting.

As you start managing the transactions for each account, you can choose various categories, including whether the transaction is business or personal. This is great if you are required to submit an expense report. Fields are automatically laid out for you and, unlike some applications; I didn’t find any unnecessary fields that needed to be deleted. When asked to enter categories, you can choose from types such as groceries, fuel, clothing, insurance, etc. Once you select the appropriate type, an icon appears. I did notice. that there is an error when I try to enter the category. Press the BlackBerry button and choose from the category types in the window. Do not select “Edit Category”. If you do, any category type you select will not register and therefore will not be saved.

SplashMoney manages both withdrawals and payments, so it gives you the whole picture, not just what you’re spending. A running total appears at the bottom, so you have an idea of how much you have to work with. To quicken your SplashMoney experience, the program helps you enter your information by utilizing auto-fill and memorized transactions. Keep in the know by being able to view your upcoming scheduled transactions, that way you won’t be caught off guard.

SplashMoney
there’s so much you can do with your money

Managing your accounts is quite remarkable, now that you wield the power in your BlackBerry. I can now set monthly, quarterly or yearly budgets for myself and see my money grow. Though there are multiple features, one more should be highlighted. The reports section is an amazing way to visualize your finances, especially the Pie Chart (mmmmm….piiiiiie) . The Pie Chart is a colourful and effective way to see what your money is doing. This section includes totals and percentages at the bottom of the screen.

SplashMoney
capture your finances on a tasty pie chart.
Just don’t add a whipped topping on your LCD

Final Transaction

You can bet your bottom dollar that SplashMoney will help you reach financial freedom and manage your money. The power and potential far outweigh the minor bugs I detailed. As I find myself learning visually with ease, the pie charts bring my finances to life. As you find your dollar needing to stretch more, SplashMoney will help it go just a bit further. SplashMoney offers a 30 day free trial and you can purchase it for $29.95 at the CrackBerry Store.

Pros

  • secure password protection
  • quick transaction entry
  • create budgets and recurring transactions
  • reports and pie graphs

Cons

  • the need to be diligent
  • not all online banking supported
  • category types not always saved

Download

Topics: BlackBerry Apps

11 comments

baseballkyle

i'm shocked that more people don't complain about how slow this app is... and the fact that its designed for click-wheel BBs, which is why it isn't as intuitive as it should and could be... also the developer isn't interested in building different builds to have it work better w/ different models of BBs... also the developer doesn't care about hearing complaints and bans individuals from his forum for complaining (and deletes the completely legitimate thread altogether)...

doktrgroove

I'm still learning to use it under the trial. I like it so far but I have a click wheel BB. Logging into my bank is hit or miss. Officially, they don't support mobile banking but I can log in on occasion. What makes it difficult is that my bank will randomly make me answer security questions upon login and this app just hangs when that happens. I may switch banks to one that supports mobile banking. I was thinking of it but this might help make the decision.

Anonymous

This application does not work for me. I was able to import my AM ex and Bank account information but it always gives me a cannot connect error from the curve when I try to update.

The software is also not able to retrieve my credit card information from my bank.

I deleted the software

Zannor

If you find yourself in the position of having to restore from a back up, like I did, the data in Splash apps ends up being lost on this app and with SplashID it's corrupt. Glad I found out during the trial and not after I paid $30 for both apps.

darjay

Loved this software on the Palm Treo, but I just don't like the font or layout on my Curve. I'll purchase it if it gets upgraded...maybe.

Sorry, I thought this review was for Splash ID.

joleson

It may have minor flaws, but the app is still more intuitive and effective than any other comparable finance app. Much simpler and easier to work with than quicken, for example. The online problems are regrettable but I think the app is worth it for its offline functionality alone.

Tre Lawrence

It is a different feel than the software for the Palm platform. Having said that, I still am not completely turned off. The desktop companion (coupled with periodic syncs) keeps the data somewhat backed up (I assume), so even a reset shouldn't knock you out completely.

As reference, I was very satisfied with SplashWallet without online capabilities on a Palm.

I am very concerned with reports that the developer is ignoring valid concerns. That is very, very dismaying.

jimmers

Like the program and its functionality but there is a bug when entering transactions ending with .01 cents or .99 cents. The .01 cents amounts get changed to .00 and the .99 amounts get changed to .98. I've contacted the developer so I'm patiently waiting for an updated version to correct these issues before purchasing the program--still on the 30 day trial period.

Anonymous

Also when you enter .89 it changes it to .88. I have also contacted the vendor about this and am waiting for a response before I purchase this produce.

BLACKBERRYFREAK

I purchased this software on what I believe was the day that it was released. The day I purchased it I installed it on my pc with no problem. I went to install it on the BB and had trouble (ended up installing more current version of DM and that fixed it). As far as functionality, I found the program pretty good. It sync'd with my main bank without any problem. I can't get it to sync with my bank via BB only the desktop version. The forum moderator advised that this is a problem (user name and password get corrupted on BB upon sync if there is a master password) that they are aware of and that it will be fixed soon. If this happens I will be satisfied.

I have been having trouble connecting with my bank of America credit card account. Not sure what the deal is there.

Xopher

Like most other database applications available, data cannot be stored on the SD card. With the number of accounts I work with, and the volume of transactions, I'm always concerned with how much space data will take up in available memory.