If you are cautious about your money and want to keep track of where you spend without going over the budget then you need a finance app. Most people check their phone more than 50 times a day because it is the hub of all information where you get whether updates to news on stocks. If you want to manage your money, stick to a budget and even handle investment decisions all the smart way, there are many professional finance apps for you in the app store but not every app out there is useful.
We have compiled a list of 5 Personal Finance Apps You Must Have for Better Money Management that will help you make better decisions about your money and put it to good use.
Mint is hands down the best app for managing your money. You can create a budget on Mint and track your spending and get a better idea where all your money is going when you see all you’re spending on the screen. You can then make an informed decision about where you want to actually spend your money.
You can connect all your bank and credit card accounts with the Mint app and your monthly bills so you do not have to log in to multiple sites to see your expenses. You can see all the money flow on the single screen on Mint. It informs you when the bills are due, what you owe and what you have to pay. You will even get payment reminders through notifications and mails so you can avoid the late fees.
You Need a Budget
You need to use the You Need a Budget app is you want to get out of debt. If you are tired of spending on thing you do not necessarily need then you need an app that reminds that you are going over the predetermined budget. If you are already in debt, you really need this app. If you do not want to keep living paycheck to paycheck then you need to get smart about your spending.
You Need a Budget makes a budget based on your current income and how much debt you have so you can pay it off. This app is really effective as the average user of this app pays off $500 on the first month of using this app to manage his finances.
Wally is a great app for tracking all your expenses. If you wonder where all your money went at the end of each month then you need to track your expenses. Nobody has the time to remember or write down each spending in today’s lifestyle so Wally does it for you. You just have to take a photo of the receipt and Wally will fill out all the details automatically and add them to your spending. Wally is absolutely free and very useful finance app. You can see all your spending at one place which will help you manage your cash flow.
Acorns will help you save your money so you can put it to good use. Won’t you love another 100$, 500$ or even a 1000$ in your bank account at the end of each year? Acorns will make you money automatically and the process is very simple. Every time you pay electronically with your credit or debit card, Acorns rounds it off to the next dollar and invests the difference into portfolio of low-cost exchange-traded funds (ETFs) which you can select based on your risk preference.
Level Money will help you determine what your ideal monthly, weekly and daily spending should be. Once you connect Level Money with your bank accounts, it will analyze your income and your recurring bills and make your budget so you can spend smart and save whenever you can. Level Money will also come up with an amount that you need to be saving every month and deducts it from your monthly income. You can track the money flow easily using this app continently on your smartphone.