April 26, 2024
KCNA Pyongyang Times

Financial management app welcomed by housewives

Date: 03/12/2021 | Source: Pyongyang Times | Read original version at source

Financial management app Mulpangul (water drop) 1.0, a special program for housewives developed by the Unphasan IT Exchange Centre, is enjoying huge popularity among users.

It enables them to list income and outgoings of individuals and families according to sorts, including detailed accounts, so that they can access their financial records at any time. It has also different useful functions for financial control including cash flow, budget planning, statistics and the management of debts and credits.

“It is a great help to users in fully understanding their income and outgoings and managing their finance effectively and in a planned way. It is especially favoured by housewives,” said a developer Kim So Yon.

Many housewives who have used Mulpangul 1.0 express their satisfaction, saying that they no longer need account books or calculators and they can see the balance between monthly income and spending on the graph it displays.

The users can gain access to the records on their earnings and expenses with the help of its different functions and tabulate information on the ratio of income and expenditure on a daily, weekly, monthly and yearly basis.

They can also draw up a budget and ideally control income and outgoings based on statistical data.

Its function on claim-obligation relationship helps them maintain credit in business.

“It greatly relieves the mental burden on housewives in controlling family finances,” said Ham Chong A living in Sosong District of Pyongyang.

She added that it is very useful as it has the function of estimating cash income, expenses and balance with such warnings as “very risky”, “risky”, “safe”, “good” and “very good”.

“As small drops of water gather to make a stream and river, every penny, like a mere drop of water, will be helpful to enriching life. That’s why we named the app ‘Mulpangul’,” said Paek Chung Song, lead developer and section chief, adding they would continue to upgrade the app to offer more conveniences to the users.

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