Today’s release of Savings introduces subscription pricing and a more consistent look between the Mac and iPhone app, amongst other improvements.
Savings is now free to download and try, but requires a subscription to use after the trial limit is reached. One subscription includes Savings on both iOS and macOS under the same iCloud account.
If you have already purchased Savings 2, this change does not affect you. You can continue to use Savings without paying for subscription.
We priced the subscription at USD $1.49 monthly or USD $14.99 annually. We believe if you use Savings regularly, the improved spending habit as a result of using Savings is well worth the price.
The reason for switching to a subscription model is really out of necessity. It has been difficult to sustain the development of Savings with our current business model. With subscription, we can continously update Savings and receive financial reward for our work.
With the decision to adopt subscription, we are committed to update Savings on a much more regular basis to deliver the value you pay for.
To move towards to a consistent design language between macOS and iOS, most of our assets needed to be redrawn. Icons, controls and colours were all cleaned up to make the app feel fresh and recognizable.
New Feature: Make Repeating
This is a neat feature that some of you may find useful. Have you ever had a regular transaction that you wanted to turn it into a repeating scheduled transaction? You can now do that by dragging the transaction onto the Scheduled icon on the sidebar.
You can also do the same thing by choosing Transactions > Make Repeating… from the menu.
One of the feedback points we got from many of our customers is that they don’t actually use the Budget feature in Savings. For those who do, they find it confusing and difficult to use.
What we realized is that by keeping an eye on the Breakdown and Trends reports, you don’t actually need a budget to know how well you are doing financially.
For these reasons, we have removed Budget from Savings for people who aren’t currently using this feature. If you are currently using Budget, you can continue to use it. Just know that it won’t be officially supported in the future which gets us closer and closer to feature parity between macOS and iOS.
Our goal is to keep Savings as simple as possible without unnecessary features. This is a move toward that direction. Of course, we are always thinking about implementing a better Budget system in the future. One that is smarter and more lightweight. If you have any ideas for that, please let us know.
Other than these changes, there are also many bug fixes and performance enhancements under the hood.
We hope you enjoy using Savings 2.1. The work on Savings 2.2 is already underway.
Today, I am incredibly proud to introduce Savings 2. This is the first major upgrade of Savings since it was first introduced to the Mac App Store in 2011. During this time, we have rolled out iCloud sync, Savings for iPhone and numerous other updates that made Savings better. But all along, we really wanted to reimagine Savings so it becomes more beautiful, effective and enjoyable to use. The result of that work is Savings 2.
Savings 2 is a complete redesign. It kept the simplicity of Savings 1 but looks and feels a whole lot better. It also adds often asked features, such as scheduled transactions for the iPhone, pie chart and the ability to compare multiple trends on the Mac.
Because Apple’s App Store doesn’t allow upgrade pricing, we are introducing Savings 2 at a discounted price for a limited time. So please get your copies today to take advantage of it.
Lastly, I want to extend my thanks to the people who worked on Savings 2: Chris Sealey and Tomas Srna. They are talented designer and developer who were originally users of Savings 1. They wanted to make Savings better, so we started working together to make Savings 2 a reality. Without their work, Savings 2 would not have been possible.
We hope you enjoy using Savings 2 as much as we do. If you have any thoughts or questions, please let us know via Twitter, Facebook or email.
We are continuing to experience delay with the launch of Savings 2, in fact, we have yet to official put out the first beta.
Things are starting to fall in place though. Stay tuned.
Again, if you would like to participate in beta, please sign up.
Thanks for your patience.
p.s. For people who are experiencing sync issue that cannot be resolved by our sync troubleshoot page, please sign up for the Savings 2 beta. We will not be fixing sync issue in Savings 1 because our resource is very limited.
Savings 2 is coming. Yes, we know, our schedule has slipped a bit, but hey, this is software 😉.
What we won’t compromise on though, is the quality. We are taking the time to get it right. For those of you who loved Savings 1, you will feel right at home on Savings 2, and will appreciate all the fit and finishes that is at a level above Savings 1.
Sign up for beta
We will soon be releasing Savings 2 for beta testers. If you are interested, please sign up to become a beta tester.
And as always, we love to hear from you if you have any questions.
In case you are wondering why Savings hasn’t been updated for a while, there are two reasons. One, the team has had some internal changes lately, and that had an impact on our release schedule. Second, we are working on something very exciting that we plan to ship later this year. We can’t talk about it yet, but if you want to be the first to know, be sure to sign up to our newsletter for announcement.
In this update, I focused on improving small bits of the user experience in the Mac app. Things like payee and category autocomplete, increasing the size of the balance footer, and clearing new flag when editing multiple transactions. It is also easier now to delete accounts and budgets from the sidebar. Just press the delete key or use the contextual menu.
Sync is also improved for the Mac app. If you keep Savings running in the background, it will receive updates from iCloud. So whenever you activate Savings, you will see the latest data without waiting for refresh. This brings the immediacy of sync inline with the iPhone app.
I’ve been asked several times if there is a guide for newbies to learn everything they need to know about using Savings. That is, in fact, what I am working on these days. I expect to have it released within the next couple of weeks. So keep your eyes peeled on the website!
I’m happy to kick off the year with an update to both Savings for Mac and Savings for iPhone. There are many new features planned for 2016, so please stay tuned to this blog for future updates.
The main new feature Savings 1.8 (Mac) and Savings 1.3 (iPhone) is the ability to lock Savings with a password or passcode when you are not using it. This is a highly requested feature, and now, both apps have the ability to do so.
To activate password on the Mac, just go to the Securities tab under Preferences.
To activate passcode on the iPhone, just go to Settings > Passcode.
Push sync refers to the ability for a change to automatically be pushed to all your devices once it is made on one device. The end result is whenever you open the app on any device, the latest data is already there.
This functionality is now a part of the iPhone app, and will soon be brought over to the Mac app. Be sure to allow Savings to send you push notifications when you are prompted.
Savings also now shows you an activity indicator when its syncing data. Please note that on the Mac, you have to be running El Capitan to see this.
To make sure your data is never lost, Savings now makes a backup of your entire database regularly. If you ever need to retrieve the data, you can contact support for instructions.