Speaker 1: Everlance is an essential app for entrepreneurs, freelancers, and anyone
Speaker 1: else who wants to track mileage and expenses.
Speaker 2: What's going on. I'm Rich Demiro. This is rich on
Speaker 2: Tech Daily.
Speaker 1: Recently, I've been testing out an app called Everlance. It's
Speaker 1: an automatic mileage tracker, but also much more. The company
Speaker 1: sent me up with a premium account so I can
Speaker 1: try it out, and I was actually kind of hesitant
Speaker 1: to even try this app out because I was so
Speaker 1: used to what I normally use, which is called mile Iq.
Speaker 1: I've been using that for years, but I'm grown to
Speaker 1: like Everlance much more than that app. And that's because
Speaker 1: while mile iq was great at tracking the miles that
Speaker 1: you drive, everlance is more of a personal accounting tool
Speaker 1: for independent professionals. You can track your mileage and your
Speaker 1: expenses now. For starters, the app is free, but like
Speaker 1: most freemium models, if you want to unlock the best features,
Speaker 1: you're gonna have to pay for full access to the app,
Speaker 1: which is eight dollars a month if you pay monthly,
Speaker 1: but I'd recommend paying by the year because then it's
Speaker 1: only five dollars a month if you pay for the
Speaker 1: year in advance, which comes out to sixty dollars. Then
Speaker 1: if you use my referral code, which everyone gets once
Speaker 1: you sign up, that can take twenty five dollars off
Speaker 1: the annual price. So it's really just thirty five dollars
Speaker 1: for the first year and well worth it.
Speaker 2: Let me explain why.
Speaker 1: So once you set up the app, you just drive
Speaker 1: your car as usual.
Speaker 2: The app uses a combination of.
Speaker 1: GPS and the centers in your phone to capture the
Speaker 1: trips that you take.
Speaker 2: It makes a log of those. Then at the end
Speaker 2: of the day, week.
Speaker 1: Month, or whenever you feel like it, you can go
Speaker 1: in and classify the trips. I always recommend doing this
Speaker 1: earlier than later, because sometimes you forget what a trip
Speaker 1: was all about. But it's really easy to classify the trips.
Speaker 1: All you have to do is swipe. You swipe to
Speaker 1: the left for personal or swipe to the right for business,
Speaker 1: and it's really that simple. Or you can slow swipe
Speaker 1: a trip and then categorize it even further. There are
Speaker 1: custom categories like medical, charity, moving, or commute, or you
Speaker 1: can make your own, and you can also add notes
Speaker 1: to each trips. You can remember what it was all about.
Speaker 1: You can classify the car that you used if you
Speaker 1: drive with several of them, or you can just trash
Speaker 1: the trip altogether if you're in a friend's car, or
Speaker 1: say on public transportation, because sometimes it picks up those
Speaker 1: trips too. You always see an ongoing total of the
Speaker 1: miles that you've logged for the entire month, the week,
Speaker 1: the year, and more. Plus the neat thing is that
Speaker 1: everlance also lets you know how much these miles are
Speaker 1: potentially worth on your next tax report. Now I'm not
Speaker 1: a tax person, but right now it's saying that I
Speaker 1: drove two hundred and forty two miles for work for
Speaker 1: the year, and that's about one hundred and thirty two
Speaker 1: dollars in deductions. Now, the mileage logging is great, but
Speaker 1: my favorite part of everlance is also how it can
Speaker 1: help you keep track of business expenses and your transactions.
Speaker 1: Now I've used Mint in the past to try to
Speaker 1: do this, or a business only credit card.
Speaker 2: Keep it in mind that sometimes I do do freelance.
Speaker 1: Gigs like guest host a radio show or something like that,
Speaker 1: so I do rack up some expenses not covered by
Speaker 1: my regular job, and everlance makes keeping track of all
Speaker 1: these expenses really easy. So you link up your credit
Speaker 1: or your debit card. Then you see all of the
Speaker 1: transactions on those cards, and again you swipe left or
Speaker 1: right to categoriz them into work or personal. And within work,
Speaker 1: you can even create categories so you know exactly what
Speaker 1: those expenses were.
Speaker 2: When the year comes to an end, and.
Speaker 1: They take it a step further, you can even input
Speaker 1: your freelance income, so this is cool for keeping track
Speaker 1: of that. And the neat part is there's a taxes
Speaker 1: tab on Everlance that gives you a preview of your
Speaker 1: upcoming freelance tax year, so you see your revenue minus
Speaker 1: your work expenses and your mileage deduction, which equals your
Speaker 1: taxable income as a freelancer. Now, again, I am not
Speaker 1: a tax person. I'm not giving you advice here, and
Speaker 1: you're gonna have to double check all this stuff with
Speaker 1: a pro. But it's a really nice little snapshot to
Speaker 1: have and I feel like random business expenses of mine
Speaker 1: are no longer falling through the cracks. There are lots
Speaker 1: of other useful features, like generating reports to share with
Speaker 1: your accountant. You can set work hours, and also your
Speaker 1: favorite places or trips, so Everlance can automatically categorize them.
Speaker 1: But this app is a winner in my book. You
Speaker 1: can find a link to download it, and be sure
Speaker 1: to use my referral code if you're going to sign
Speaker 1: up so you can save some money on the annual fee.
Speaker 1: Just go to Rich on tech dot tv and search Foreverlance.
Speaker 1: And if you like this podcast, be sure to leave
Speaker 1: a rating and review in the Apple Podcasts app.
Speaker 2: That way more people discover it. I'm Rich Tomiro.
Speaker 1: As always, you can find links to everything I talk
Speaker 1: about here on my website.
Speaker 2: Just go to richon tech dot tv. I'll talk to
Speaker 2: you real soon.