While your phone or other mobile device is handy for doing things like checking email, catching up on social media, or viewing the weather, it can also be very helpful when you’re trying to get a better handle on your personal finances. Because so many of your purchases can be done through your smartphone, it only makes sense to also use your smartphone to keep track of how much money you’re spending or saving in order to have a healthy picture of your money. And luckily, there are a plethora of apps made just for these purposes. So to help you pick the ones that will be most beneficial to you, here are three financial apps that will help you better manage your money.
Short for ‘You Need A Budget’, YNAB is a great app for anyone to use if they’re looking for a simple and effective way to not only track what you’re spending your money on, but to also recognize habits in your spending that you may want to work on. To assist its users in rectifying bad money habits, YNAB has a large amount of advice and help available both through their online community and their own content that can help you find ways to better manage your own accounts. According to Megan Leonhardt, a contributor to Time Money, this app is one of the best for helping you create a budget that will help you progress from living paycheck to paycheck.
Well known for being a great software for tracking financial movement, Mint is one app that many modern consumers can’t go without. When connected to your bank accounts, Jill Duffy, a contributor to PCMag.com, shares that Mint will not only keep track of how much money you’re spending and how you’re spending it, but it will also alert you if you’re getting close to busting your budget, making it easier than ever to stay on track with your money management. With both a web-based and a mobile version of this free service, managing your money will now be easier than ever.
A big part of managing your finances is learning how to get past your spending and start saving—and that’s exactly what Qapital is meant to help with. Joshua Sherman and Gloria Sin, contributors to DigitalTrends.com, write that Qapital makes it easy to reach your savings goals by making contributing to your savings accounts easy. The idea is that by saving small amounts each day based on the amount of money you’re spending, you can reach your savings goal without feeling any financial pinch. Try it to see how this type of savings works for you.
If you’ve been looking for apps to help you better manage your money, consider downloading the apps mentioned above today.