With money central to all of our lives, and the need to budget essential for most, it makes sense to use the advances in technology to help us plan our lives. That is never more pertinent when talking about sorting our own finances. There are a raft of apps out there that can take the stress out of budgeting, at least partially. Moolr took a look at the best financial apps.
Mint
This planning app should make your life easier within hours, allowing you to plot all your incomings and outgoings, providing you with a complete financial picture in plain sight. Keep track of spending, bills and all other costs with ease. There is even free access to your credit report. You can track savings, investments, and more – whatever you desire. Create a budget and Mint will work out the rest, and inform you of where you stand financially.
Money Manager Expense & Budget
If you are on Android and want a mobile app, this is an alternative to Mint, and performs a similar role. you can easily record your personal and financial transactions, generate spending reports, review data and manage assets. This is a full accounting system. With graphical support that presents the data in a style that is easy to understand. There’s also a credit card and debit card function. It is free to install, and fully secure.
Money Dashboard is a very popular alternative available in all app stores.
Paypal
Well you probably know about this site. You may be put off by its size and its link to eBay, but paypal is one of the most convenient ways to send and receive money on the planet. And if you send money as a gift to family or friends, as a non-business transaction, there are no fees. money can be sent and received in seconds with the click of a few buttons. And its size means most people have an account.
Bean
Another budgeting app, Bean has one more unique selling point. Bean constantly hums away in the background, looking for opportunities to save you money on your everyday bills, and comes with bank-grade encryption. By securely linking with your bank accounts and credit cards, Bean can scan your online statements and create a dashboard of all your recurring costs. Want to find a better deal? Bean will link you to a comparison partner so you can compare and see if you can save! If you’re looking to cancel instead, Bean will give you step-by-step guidance so you can avoid any unnecessary paperwork headaches.
Debt Manager
An iphone app that does what it says on the tin. It will monitor your debts and repayments, but will also offer strategies to help you pay off debts quicker. It’s very easy to use, so appeals to all. It does this using the Debt Snowball method, which is recognised by leading financial advisors as the most effective way to pay off multiple debts. It currently costs £0.99 to download.
Your Own Bank!
If you don’t have mobile banking set up, you really should! The ability to instantly see my balance, transactions and carry out my own transactions has been a godsend. It has saved me endless time and stress.
