Want to be rich? There’s an app for that
Since we all are spending so much time on our mobile devices it only makes sense to use apps to reach our financial goals, too. Consider these:
1. Mint — When you start talking about personal finance apps its hard not to talk about Mint. This app connects all your accounts and automatically imports your financial data in a simple and secure app that is both for Android and Apple devices. Mint automatically tracks your spending and bill due dates, as well as you can set up monthly budgets and see where you are at through out the month with automatic alerts when you are getting close to going over your budget. All for FREE!
2. Acorn — If you are having trouble saving, we have the app for you. Acorn is an app that will automatically invest your spare change. Amazing! So every time you make a purchase, Acorn will round up your purchase and invest it automatically for you! You know what they say, a penny saved is a penny earned.
3. Wally — A simple expense-tracking app that will automatically input all the details of your purchase by simply scanning your receipt! How cool is that? Although there is no fancy bells or whistles, you will be able to see what you have spent daily, weekly, or monthly as well as separating all your expenses into different categories.
4. You Need A Budget — Similar to other apps in connecting to your bank accounts and tracking your expenses, YNAB differs in it won’t let you create a budget around money you don’t have. It will help you embrace your true expenses and guide you to making decisions to take your financial life back in control.
5. Good Budget — If you are a fan of the envelope system but don’t like carrying a lot of cash, Good Budget is the app for you. Based off the tried-and-true envelope system way of budgeting, you can predetermine where your paycheck is going and allocate that amount to each “envelope”. From there you can record and track your expenses and see how much you are spending from each envelope.
Time to find a few that’s right for you!
