Three Best Apps to Help You Manage Your Finances

Smartphones have become so advanced these days that you can do almost any kind of transaction through your handheld device, including managing your finances.

Given how unpredictable the global economy is because of the pandemic, almost everyone wants to improve how they manage their money. Fortunately, the tech world took notice of it.

Thus, inspiring these companies to create several budget applications that enhance their users’ finances, especially regarding their life insurance and investment policy.

So, whether you’re looking for an app that offers a particular budgeting method subscription or one that can help you manage your expenses, you can find a couple of solutions on the list.

Mint

As one of the most popular finance apps today, Mint provides the users with an overview of their finances on a single screen. You can also link your debit and credit cards to your Mint account so you can do all your financial transactions on a single app. You’ll also have the option to categorize them while showing your expenses.

Mint also allows you to track all your bills and spending to help you create a budget effectively.

You can also keep tabs on your scheduled bill payments and even monitor your investments.

YNAB (You Need A Budget)

You Need a Budget, otherwise known as YNAB, is a financial app that centers around YNAB’s four primary concepts. These concepts center around making every cent count, embracing your reality when it comes to your finances, getting yourself ready with any unexpected expenses, and always keeping a portion of your money for savings.

YNAB also shows you a detailed report of how your spending progresses each month so that you can determine which areas you need to work on to manage it. You can use the app without any fee for 34 days upon registration.

Clarity Money

There are times when it’s quite challenging to keep up with all the existing subscriptions that you might be getting charged for something that you’re no longer using. With Clarity Money, you can track all your subscriptions to help you check if any existing ones still charge your bank account.

Aside from unsubscribing from any unused services, the app also analyzes the way you spend. Thus, giving you a couple of recommendations to help improve your finances.

What’s even great about this app is that you can make your regular deposits to your savings account by attaching a goal to your subscription. You can even set up different savings funds depending on your plan. Aside from staying on track with your budget, you’ll also have free access to VantageScore credit score powered by Experian.

These are only a few of the apps you can download on your smartphone to help with your finances. It’s essential to stay on top of all your expenses to ensure that your financial health will remain stable. Doing so will not only help you achieve a more comfortable lifestyle, but it can help you achieve to build your savings for your retirement, too.