Taking control of your finances is not an easy thing to do in 2019. The prices of gas are high, daily consumer goods at a record high, kid’s education fees, travel expenses, and of course, your home and vehicle loans you need to pay off each month. It means that you need to make numerous payments in a month, thus keeping track of them is a cumbersome task. That is the reason why you need personal finance apps to manage your finances well depending on your incomes and expenses in a month. These mobile apps will connect with your savings account so that you can keep an eye on your spending.
When it comes to future bill payments, learning about your credit score, and investments, these apps are the best. Rich in powerful features such as alerts, email reminders, shared wallets, and tracking subscriptions, you cannot do without using these mobile apps.
According to an article published on https://www.huffpost.com, these apps installed in your smartphones are like your piggy bank. Forget about advice columns in some finance daily; simply put aside your savings in a couple of these apps to take stock of your money well. Here are some of the top apps to keep your money organized and manage your finances like a pro:
The app has the best visual representation and organizes your expenditures in neat categories. It will help you to figure out how well you are progressing as per the budget set by you. Look at the money you have left to spend in every category so that you can shell out sums accordingly and when necessary, else not.
Mobills help you to create a budget and comes with interactive charts that help you to evaluate your financial condition now. You can use the app features to make changes the way you spend so that you can realize your financial goals.
If you use credit cards, add all of them to the app so that you can view your current balance and spending limit all in a single platform. Similarly, add all your outstanding bills and future due dates so that you never miss a payment. It will help you pay your bills on time, thus improve your credit rating. That is because good payment histories will help you enhance your score.
You can use the free version of the app but with limited options. Therefore, if you need all the features, go for the premium version of Mobills.
Most of the financial apps in the market today are for individual use. Spendee, on the contrary, is the best app for shared expenses. The app helps you create shared wallets with your spouse or family members so that you can manage shared expenses together with 100 percent transparency. This way, there is no financial burden on one person. When both or more people know that they need to shell out some cash because of certain expenses, they can clear the payments divided by the number of persons. The app is best to manage household expenses that you need to meet every month.