There’s no question that mastering money management will always seem like a full-time task, with a managed budget, taxes being met, and dollars saved. It’s easy to feel as if you need more time and extra hands to keep up with all the aspects of your financial health. There is no need for stress or overcrowding. Fortunately, the industry has money management apps to help you see the balance of your accounts, monitor your spending, and evaluate your behaviour.
Moreover, there are apps that help you assess better financially on the basis of your account information. The technology ensures that you may not have to focus entirely on old school approaches to remain outside financial limits. Now, you can handle your money easily. You will accomplish your funding goals via your mobile whether it be spending money or dividing costs.
Here are 6 of the best money management apps to consider:
Mint has been a famous website and app for budgeting for several years It provides personal savings in addition to budgeting tools. This app provides links to the financial accounts and has a better budgeting component with the investment segment that seems more interesting to look upon it.
Mint has the account summary tab which helps you to display all your financial details on a single screen (from loans to checking accounts). It also analyzes your expenditure and presents you with feedback on how you might strengthen your habits. The app also includes a good bill-paying feature which lets you pay the bill and you can even use bill pay reminders so that you pay bills on time.
2. Personal Capital
Personal Capital is one of the most popular budget management applications. It helps you to monitor your spending and provides details about your investment accounts. The interface is interactive and easy to use in any platform whether it be mobile, computer, or tablet. You can quickly read the map of your assets by asset type, individual portfolio or private fund making your individual results simple to monitor and handle.
In certain instances, you will also be helped by a partner. The budgeting features in personal capital are not as comprehensive or intuitive as some of the other methods for money management but they do a pretty good job. The biggest benefit is that you find the savings in the system and this allows you to balance the picture of the total financial position.
You can also use Free VCC in case of emergencies that helps in the transaction of money securely and conveniently. It also lets you do budgeting and monitor your expenditures. The Virtual credit card (VCC) service is basically a credit card you can use for checking online services.
Acorns take your account from your internal transition. Nevertheless, it spends the profit rather than saving it. The software makes it almost effortless to continue saving. You just set it up and continue.
Additionally, you can use Acorns to complete your deposits but you can also allow regular transfers to your account. You can easily withdraw or add your money whenever required with its easy option. In this app, you just need to answer some questions and expert will built your investment portfolio that matches your aim.
4. YNAB (You Need a Budget)
YNAB monitors the sum of money you spent in all areas and lets you know precisely where the money is heading. This app lets you have total control over your money by setting goals and it also tells you about the four rules that will help you to think in a positive way.
- Give Every Dollar a Job
- Embrace Your True Expenses
- Roll With the Punches
- Age Your Money
YNAB is one of the expensive app on the chart at a price of $83.99 per year but you can get a free trial of 34 days to have a full experience and get the satisfaction whether to use it or not. Using this app, you can easily sync your bank account, report of your expenditure, tracking goal and many more. This app is one of the best money management app available in the market.
Wally is a cleaned-down budgeting device without several whistles and bells. But the special features are worth investing in. It is an iOS app that has a good reputation among its users Firstly, Wally embraces almost all the international currencies available. Wally will be a great benefit to you if you are a digital nomad, who spends times in different parts of the world.
Next, Wally helps you to keep track of essential taxes and companies without needing to struggle with paper in order to preserve pictures with receipts. This app lets you to see how much money you have expended and what you have left in your budget till the end of the month whenever you log in.
Goodbudget is based on the principle of envelope budget. There are lots of amazing features that will surely catch your eyes. This app lets you sync the account across different platform and it also back-up all the data automatically to its website. Some of the features includes: transfer of money between accounts and envelope, check the balance, tracking of expenses, choosing the budget time period and many more.
Goodbudget gives ten regular envelopes as well as ten annual envelopes in the free version of the app while limitless envelopes if you upgrade to plus version. You can easily track between a transaction with income and report on spending.
In the above article, we have mentioned 6 best money management apps that might help with your money management. These apps will let you know how you have spent your budget and where you could have saved it with so many other features. Just go through the apps and select as per your convenience.