Managing a lot of money, sticking to the budget that you have created, and handling the decisions related to investment is not an easy task. However, with the numerous finance apps that are present currently, these activities are becoming easier than ever. However, you need to be extremely smart when you are choosing the finance applications because you never know which one can help you and which one can make things even more confusing for you. This is why you cannot just download any tool and start using them. As the year is almost about to end, it is time that you leave back all the bad financial decisions that you have taken throughout the year and start fresh. According to www.financialexpress.com, 47% of the users make use of the financial apps.
Consider all the personal finance apps that have been listed below and start the New Year by managing your money and sticking to the budget that you have created in a wise and better manner.
Mint
Mint is one of the best applications for managing all your money in a great manner. It helps in effectively creating a proper budget, tracks the money that you are spending, and gets smart about your money. You also have the option of connecting the credit card and bank accounts along with all the monthly bills that you have so that you do not need to keep looking for all the finances in various places. Mint helps in keeping all the finances in one single place and you do not need to keep logging in to the numerous sites.
Mint will let you know when there are bills due, the money that you owe to your creditors, and the total amount that you are capable of paying. This application is also responsible for sending payment reminders so that late fees can be avoided. Based on the spending habits that you have, Mint also provides proper advice so that you can gain control over the budget that you have. An important bonus that you are going to get is a great credit score.
You Need a Budget
You Need a Budget or YNAB is not like the other budgeting apps that are available in the market or you have used before. This application does not assist you to live from one to check to another, but it helps an individual to clear all his debt and cope up with any financial situation. This application has been built around one simple principle, which is that each and every dollar is known to have a job. It will not only help you to create a budget but it will also compel you to stay within the income that you have. The application helps you to view the things that you should do for balancing the budget that you have.
There is an accountability partner that comes along with the app, which helps in keeping a person on his toes. It is true that a small monthly fee has to be paid in order to enjoy the services but you can be assured that the payment is worth it. You will also get online classes that will help you to get accustomed to the basics of budgeting.
Wally
If you were looking for the best applications for tracking the expenses, Wally is undoubtedly the one for you. If you are someone who prefers being organized and you want to track your personal expense, you are going to fall in love with this app. Instead of having to manually log in all your expenses every day, this application enables the users to only click a photo of the money receipts.
Moreover, if you have decided to use geolocation on the devices that you are using, the application can store that information and save several steps for you. It is one of the cleanest and streamlined applications, which is extremely convenient and can be used in a simple manner. It is a great application if you are interested in knowing where all your money is being spent. You can be assured that Wally is made for you if the previous attempts of tracking expenses were left incomplete just because you dislike typing. If you are in debt and you are looking for debt relief, you can go through the reviews of the US national debt relief companies.
Acorns
If you are interested in harnessing all the benefits that are associated with an ideal financial behavior, Acorns is definitely for you. Whenever you are purchasing anything with any card that is already connected with the application, it is capable of rounding up the highest dollar and ends up automatically investing the difference in the portfolio after low-cost ETFs, which is based on the risk preference. You can set this application automatically for investing the savings and you will never get to know about it. This application is perfect for you if you never owned a stock just because you thought that you never have enough money for investing.
Coinbase
Coinbase is the perfect application if you are interested in trading cryptocurrency. With the help of Coinbase, you will be able to trade Bitcoin Cash, Bitcoin, Ethereum Classic, Ethereum, as well as Litecoin. The application is basically the stripped-down style of the desktop version. You are constantly thinking about how you can use your application easily, because of this simple and easy interface that it has.
You have the option of setting the price alerts beforehand and the application is responsible for notifying you when the target is sold or the purchase price is met. This application is perfect if you are interested in selling and buying Bitcoin or even sending it over to your friends.
Tycoon
Tycoon is one of the best applications for the freelancers or models. It is easy for them to track whether the payments are reaching them on time or are late. You will also be able to understand easily, which clients have paid you on time and which clients are late.
Conclusion
Keeping your money under control is probably one of the most important tasks, and with the help of the budgeting apps that have been mentioned above, you can do it in a better and easier manner. Select the one that you think is perfect for you, and get going.