With technology being available to the masses and FinTech being an easy thing to have, Finance apps can help you in a number of ways. From analyzing your spending habits to suggesting budgets for you, each of these apps can help you in several ways.
In the blog, we go over some of the versatile financial apps that you can use and some very specific ones for certain situations too.
Mint
An all-in-one app that can sync with a variety of your accounts. Whether it be credit cards, loans, savings, or checking, Mint has you covered. It is by far the most popular app on the list and has many positive reviews on both the App Store and Google Play Store.
It can track your expenditure and put them in many categories. You can set limits to these categories and see where adjustments need to be made. You can set goals and pay debt with the app too. Its tracking is excellent and can help you save money in the long run too.
YNAB
One of the most highly acclaimed on the and an absolute behemoth of an app, one can use the app to chart out their financial year well in advance. They have a zero-based budgeting system that can account for every dollar that comes into your account.
It is like a personal financial advisor that can help you set sail for the best times. With your financial goals set with YNAB, you can relax and follow the plan.
Goodbudget
Based on the Envelope budgeting techniques from years ago, it is a digitized version of categorizing all your expenses. The categories are called envelopes and you add money to each for various purposes.
The one thing different about this app is that it does not connect directly to your bank accounts. You will have to manually add money to the app and then you will be able it spends it through that. It has both an app and a web experience. The free version can be accessed through two devices and only a limited number of envelopes.
EveryDollar
Another zero-based budgeting app that accounts for everything you spend money on. You can add money for the expenditure that you are doing. In the paid version you can your bank accounts and sync the app seamlessly.
This integration is reserved for paying customers but is well worth the price.
Personal Capital
Primarily an investment tool, you can track your IRAs, 401k, and loans easily with the app. It is generally suited for people who have all these setups and want one-stop access to all of these things. You can also track your net worth and a portfolio tracker. It is available as an app or website.
Conclusion
Planning your financial year isn’t hard and with these finance apps, you can save money while analyzing your expenditure easily too.
