7 Financial Apps That Are Taking Over the Personal Finance World
This is a guest post by Clara Decker of CouponsMonk.com, a deals and discounts provider company. She is passionate about money savings, investment and finance industry. In addition, Clara also supports non-profit agencies that provide healthcare solutions to handicapped and disabled people.
Managing one’s finance, sticking to the budget, and handling investment decisions are easier than ever before now. All thanks go to the today’s crop of personal finance apps which are getting popular with each passing day.
They are effective enough to help you strategize and manage your finance in the best possible way. In fact, these apps are taking the world by storm. Especially, it is expected that millennials are going to get benefited with the largest amount of personal wealth of any generation through these apps.
Undoubtedly, there is happening an explosion of brand-new consumer finance brands which are certainly changing the way how people spend, save, and manage their money.
Howbeit, it is even true that not all such personal finance apps are worth downloading and using both. There is a myriad of options available out there which are not incorporated with enough smart technologies to help you plan your financial life in a better way. Hence it is always recommended to avoid them.
Which are the good ones then?
This piece of writing will actually help you out to get the right answer to this question.
Read on.
1. Mint
It can be considered as one of the best apps to manage your precious bucks. It comes as a powerful all-in-one resource which is perfect for curating a budget and tracking the same. All that you need to do is just connect all your bank and credit card accounts, monthly bills and so on. Hence, you can be assured of all your finances to be in a convenient place. You don’t have to access multiple sites to access your financial data. You may notice that even Wallet Squirrel’s own Andrew uses this daily.
With the amazing perks like letting you know the due time for your bills, how much you owe etc., Mint has become immensely popular nowadays. Also, this app is technically sound enough to give you specific advice on budgeting. This is not the end! You can even enjoy the exhilarating feature of free credit score.
2. Wally
If you’re someone who believes in tracking your finance to attain the best results, this app is definitely your cup of tea. If you use this it, you don’t have to manually log-in to your expenses at the end of the day. This free app is such a user-friendly one which can even take a snap of your receipts. Above that, if you are someone who is using geo-location on your smartphone, this app can further help you in saving that information. In the end, the process will end up being pretty fast for you while saving the time for several steps.
Hence, if you want to have a clear insight of where your bucks are going, you can simply trust on Wally.
3. Acorns
If you want to spend some money on trading, Acorns is the best way of doing that. It is such an interesting app that even if there is a spare change from any of your purchases, you can invest that into stocks and bonds. If you are new to the market and you want to figure out frugal ways to make an entry, this app can definitely help you out.
All that you need to do is just make a log-in to your bank account. You will be able to choose an account to make an investment. Next, it needs a little bit of more details like your employee status, net worth, annual income, and decision to invest. That’s it!
Acorns will automatically suggest you a portfolio of stocks and bonds which will match your investment goals rightly. With Acorns, you can choose to start at just $ 5 or in bulk, in the blink of an eye, you will become an investor.
4. Digit
If you want to excel in saving money, you can go for Digit. This app is able enough to analyze various information starting from your income to spending habits while syncing with your checking account. It smartly pulls out the money that seems to be extra in your bank account! Within a significant duration of time, you will end up saving huge. You can download Digit from both Android and iOS apps.
5. Rize
It’s true that we often earn enough but it doesn’t suffice our needs. There are many such big responsibilities like putting our kids through college or buying a house which seems to be quite scary! Isn’t it?
However, if you download the Rize app, it will create a specific roadmap for you to help you accomplish all the aforementioned objectives. You just have to enter your plans and the app will do the rest. It will help you to get ready for all such big plans while saving your bucks. Whether it is iOS or Android, you can download this app from anywhere.
6. Clarity
Clarity can let you have your own personal financial advisor always with you. This app effectively monitors and analyses your income and spending. Also, it keeps a track of all the transactions which happen in your bank account. Further, Clarity can even alert you if it figures out that you’re spending over the budget. It will also suggest you enough ways to reduce your spending.
Also, Clarity often does some more essential tasks for you like canceling subscriptions, looking for discounts and so on.
How thrilling is this?
Just try their little AI from any one of the Android stores now!
7. Fivver
Every one of you have some debt in some or other way. If you want to keep away some extra money for that but don’t have time to go for a part-time job, you can take help from Fivver. It is a global online marketplace based app which offers various tasks and services starting at the cost of $5 when you complete each gig.
Do you think the amount is too less?
Well, the upsell potency for each gig that you will deal with is really huge! There are even some of such expert Fivver sellers who charge almost $45 upcharge to deliver the gig within the duration of 24 hours. So, you can become one among them and earn huge to upgrade your personal finance.
Aren’t these personal finance apps seem to be worth enough? Don’t wait anymore! If you want to become financially stable in your personal life, try them soon. There can’t be any better way to manage your finance in the right way.
Mint is my go-to app for all money-related works and I can’t praise enough. It’s the only money app I have on my phone (except for Splitwise which I had for some time) and it takes care of everything from reminders for bills to even investments now. Thinking of going to Premium but it’s a bit expensive, especially since I plan to go FI sometime in five years…
Nice! I use Mint all the time and didn’t know there was a premium. I’ll check it out!
I read somewhere on their blog that they had an advanced credit feature if I signed up for a plan. Can’t find it now.
Hey good brother,
Still here showing you support. Have you thought of blogging 500 words a day as a way to stay consistent? 🙂
Lol that is so much work. Once a week is difficult.
Fiverr is where I started my freelance writing journey. Creating the gigs is fun and there are people looking for all sorts of services on the app.
Apps are taking over the internet!