Budgeting for families with college students
The largest planned expense of the decade, often funded by a mix of savings, loans and family help. The education loan, the fee schedule and the savings pot need to be visible together to make sensible decisions.
- Built for
- The family
- Focus here
- Income and expenses
- Price
- Free
not one person
of the full picture
no card needed
The problem, specifically
The largest planned expense of the decade, often funded by a mix of savings, loans and family help. A budget only works when the recurring parts record themselves and the whole household can see the result — otherwise it becomes a monthly chore that gets abandoned by March.
What to set up once
Every income source, including bonuses and variable pay. Every recurring expense, at its real frequency — monthly, quarterly, annual. Categories that match how your household actually thinks about money. After that, the month largely records itself and you are looking at a surplus figure rather than assembling one.
The number to watch
Monthly surplus: income minus every outflow including EMIs and premiums. It is the only figure that tells you whether the household is moving forward, and most families have never calculated it.
Where FamTally comes in
FamTally covers income and expenses for families with college students: loans with real amortisation, income and recurring expenses, assets valued at today's prices, insurance with renewal reminders, goals with projected dates, and a five-year cashflow forecast. Invite the rest of the family with view or edit access so the knowledge is not held by one person. The AI assistant answers questions against your own numbers — "can we afford this?", "which loan should we clear first?" — instead of offering generic advice. Free to use.
Stop doing this in a spreadsheet
FamTally keeps your loans, income, expenses, assets, insurance and goals in one place, forecasts five years ahead, and answers questions about your own numbers. Free, and built for Indian families.
Start freeQuestions people ask
Is FamTally suitable for families with college students?
Yes. It is built around an Indian household rather than an individual account — loans, income, expenses, assets, insurance and goals in one place, shared with whoever needs to see them.
Can more than one person use the same account?
Yes. Invite family members and give each of them view or edit access. Everyone sees the same numbers, which is usually the change that matters most.
Does it connect to my bank?
No. You record what matters — income, expenses, loans, assets and policies — and the app does the calculation, projection and reminding. Nothing needs your banking credentials.
What does it cost?
It is free to use, including the AI assistant within its daily limits.