If you're like me, you probably have a few financial apps on your phone. You use them to track your spending, keep tabs on your credit score, or maybe even schedule your bills. But what about the people who don't use these apps?
I know that for some people, budgeting is a real struggle—it can feel like it's just too hard to do. That's why I want to share with you some of my favorite budgeting apps for people who find budgeting difficult or frustrating. These apps are simple and straightforward, and they'll help you get organized without making you feel overwhelmed.
Mint
Mint is a free online budgeting tool that helps you track your spending and make better decisions with money. It's easy to use, available on any device, and can be accessed from anywhere—a huge plus for busy people who want to keep an eye on their finances without having to worry about being at the computer or having access to WI-FI.
Mint also gives users the option of connecting their accounts directly through the app so they don't have to manually enter each account number into Mint every time they make a transaction (although it does support manual entry as well).
Those who prefer more advanced features such as bill pay may find Mint lacking in some areas, but overall it has enough functionality for most people's needs—and if you're looking for something more robust there are plenty of other options out there that might suit your needs better than what Mint offers.
YNAB (You Need a Budget)
YNAB is a budgeting app that gives you the tools to track your spending and plan for the future.
When you first open YNAB, you'll be prompted to enter your income and expenses so it can create a budget for you. This tool will help keep track of where your money goes each month. The app has four default lists: Income, Spending, Savings, and Bills. These default lists can be edited or added to as needed. Once this initial step is complete, YNAB will show how much money is available in each category of your budget on a daily basis.
As finances change week-to-week or month-to-month (the medical bills from when my kids were born are still coming in!), the program allows users to adjust their budgets accordingly without having to make any calculations themselves or manually move money around between accounts—a feature that makes managing one's finances easy even if they're unfamiliar with spreadsheets or other financial software programs like Quicken or Mint."
Balance
Balance is a great app to help you track your spending and understand your spending habits. It helps you set goals and track your progress, so you can make better spending decisions. The app also gives you insight into what areas of your budget might need more attention and then suggests ways to do it.
For example, if Balance tells you that groceries are eating up too much of your income each month, it will suggest some ways for you to cut back on costs in that category—like skipping expensive drinks at coffee shops or buying less meat or dairy products (or even eliminating them altogether).
Digit
If you're looking for a budgeting app that's simple, Digit is the one. It's free, it works with all major banks and it analyzes your spending habits to help you save money.
With Digit, you can set up automatic savings transfers from your checking account into a separate savings account of your choosing. Digit will then automatically transfer funds from your checking account into this new "savings" account on a schedule that works for you.
You can choose to save as little as $5 per month—and if you think that sounds too small, just wait until you've been using it for a few months: Your savings will grow quickly! In fact, in my experience so far with Digit, I've seen my savings increase by more than 300%.
Cash Flow
Cash Flow is a financial app that helps you to track your income and expenses. It can help you to see where your money goes, and how much money you have left to spend and it will also show you how much money you need to save for a specific goal. In addition, it will calculate the exact amount of time needed for reaching any particular goal.
These financial apps have great reviews
As an app user, you probably want to know what the best financial apps are. You might be able to find these answers on a site like the App Store or Google Play Store. But before you download the first app that looks good, consider whether it's right for your needs. Probably not—and there are plenty of options out there that would suit you better based on what you're looking for in an app and how often you use them (or don't).
You can use these five apps to help manage your finances: Mint (free), YNAB ($14.99/month), Balance ($11.99/month), Digit (free), and Cash Flow ($2/month).
Each has its own strengths and weaknesses, but each one will give you access to important information about where all of your money comes from and goes, as well as how much time is left until payday again so that payday doesn't come as such a shock when it arrives!
Conclusion
We're only scratching the surface here. There are so many other great financial apps out there, but these ones will definitely get you on your way to saving money and keeping track of what's important in your life!
Comments
Post a Comment