Automation is a wonderful thing. Being able to manage your finances via smartphone or personal computer keeps your bank account on track and your spending on-budget. Depending on your specific needs, there are apps that can help you manage your finances, stick to your budget, and guard against overspending.
Banking apps are great because they interface with your accounts and can be used to make deposits, pay bills, and keep your balances at your fingertips. Budgeting apps help you stay on track with your spending and keep you from overspending on a budget
category or overdrawing your account.
Let’s take a look.
Mint: Mint is an app that has free and paid components. Mint brings all your accounts to one dashboard that streamlines your income, budget, savings, and investments. Mint is from the makers of QuickBooks and TurboTax, so it has things down when it comes to tracking and managing money. Mint can be used in a variety of ways. Though there are a lot of features, they aren’t all required to run the app. If you want simply budgeting, Mint is perfect for keeping track of your money in and money out. If you are looking for
more sophisticated engagement, you can access other features and create a customized experience – making the app very versatile.
Pocket Guard: This app is great for tracking spending, managing bills, and looking for ways to improve your spending. The app uses graphics to help you best understand what you are spending your money on and how close it is matching your budget. The app can help you identify ways you might save money and negotiate rates for lower bills with many providers.
GoodBudget: This app is great for couples and uses the envelope method in an electronic fashion. The envelope method is a long-standing and simple way to budget money in different categories by saving in a designated envelope. GoodBudget is designed to sync with your partner so you can manage your finances online together with ease.
If you need assistance managing your spending or reigning in your spending between paychecks, there’s an app out there that can help. No matter how tech-challenged or tech-wise you are, there’s an app that can meet and exceed your budgeting expectations. Using an app can help you keep your finances decluttered and help give you peace of mind throughout the month so you can focus on other things.