Follow5 Great Budgeting Apps To Manage Your Finances
- Various Bank Apps
- Mint
- Personal Capital
- Prism
- Wally
There are plenty of great mobile budgeting apps to get your life in order. These apps help users manage finances in all forms, more easily adhere to a budget and ultimately obtain a financially secure future. Here are five solid choices.
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1. Various Bank Apps
The first financial app users should have installed on their devices is any app offered by their bank. This is the most direct way to access personal finances, including checking accounts, savings accounts, credit cards, loans and more. Many of these apps allow users to create a budget directly, deposit checks, transfer funds and pay bills. Users who do not want to give third-party apps access to their bank information will likely feel most comfortable working solely within the official app offered by their bank or credit union.
2. Mint
Mint is the personal budgeting app published by Intuit, the same company behind TurboTax and QuickBooks. The strong reputation of its developer, especially when it comes to financial products, makes this app one of the best choices for users who may be wary of sharing their bank information with third-party apps. Mint offers an array of features including budget creation, bill pay, the ability to check credit scores and reports, and more. The app also offers users suggestions on how to save money and provides alerts if it detects unusual account activity. Mint also has the backing of extensive blogs and other information provided by Intuit regarding good financial habits and advice.
3. Personal Capital
Personal Capital is a financial app to aid users in managing their investments. This means it isn’t for people who are working their way out of debt or have just become debt-free. However, for someone who has wealth that they are trying to grow and manage through investments, Personal Capital is an excellent app to have installed. It offers sound investment advice from both human financial advisors and algorithms from robo-advisors. A retirement planner and a 401(k) fee analyzer are other key features of the app, according to NerdWallet. Personal Capital also offers expense tracking and budgeting tools and is optimized to work with smartwatches.
4. Prism
Prism is focused on helping users track and pay regular bills, making it one of the most useful budgeting apps to get your life in order. It has an easy-to-use, calendar-centric interface to help users visualize their monthly payment schedules. The app provides notifications when bills come due to ensure users never miss a payment and stay on top of their monthly finances. It also has the ability to sync up with accounts at thousands of billing companies so personal financial information is always kept up-to-date. Users can pay bills directly from the app or schedule payment on a specific day.
5. Wally
Wally is a simple budgeting app that tracks income, expenses, savings, and budgets. It allows users to set budgets and financial goals. Unlike many other budgeting apps Wally is completely free to use. One of this app’s major advantages is its support for most foreign currencies, making it a top choice for users who travel outside the country extensively, frequently deal in foreign currencies or live abroad. Users can manually enter expenses or take photos of their receipts.
Technology can play an integral role in helping ordinary users manage their money and remain in good financial health. Look into any of these budgeting apps to get your life in order.
