The Best Apps for Personal Finance
“There’s an app for that” - doesn’t that seem true for just about everything?
No matter where you turn, plenty of apps are ready to make your life a bit easier. From tracking calories to amusement park maps, there is a handy phone app for nearly any circumstance.
When it comes to finances, there are also virtual guides to help you make decisions about your money. While an app can’t replace your own personal judgment or the advice of a financial professional, apps can still be a great tool. Let’s walk through some personal finance apps that can make your financial journey a bit easier to manage.
Apps for Budgeting
Plenty of apps are available to help you track your spending. You can even tie some directly to your bank accounts, or use them as a tracking tool to save for a big expenditure!
Rocket Money helps you track where your money is going and uncover hidden spending, such as subscriptions. Rocket Money can even cancel unwanted subscriptions. It gives you a better picture of how your money sneaks out of your account, at a glance.
Suppose you have a wide variety of tracking tasks to do, from investment portfolios to repetitive monthly bills. In that case, the Monarch Money app might be best. This app features budgeting assistance (tips to help you along) and a feature to invite others (i.e. your partner or spouse) to have the same quick glance that you do. It’s great for those who want to balance the responsibility of finances together as a team.
Debt Payoff Apps
If your main focus is to pay down debts, an app to help you track your progress is helpful. A good debt payoff app will help you weigh a multitude of factors, such as time, interest, age, overall debt, budget, and more,. Here are some apps to help you keep all those items straight.
The aptly named Debt Payoff Tracker has more than a smart name to its app. Not only does the app consider your debt numbers, but it also shows the user step-by-step how to select the best process for paying off debts. From avalanche to snowball, there are plenty of ways to tailor a payoff, and this app helps you individualize the approach by crunching the numbers for you.
The Bright Money app helps you track your progress as you pay down your debts and helps you make payments on time to avoid late fees. Consolidating debts can often be a smart way to get interest rates, timelines, and payments organized and concise. This app can help you make those decisions, with its tailor-made approach.
Confused? Call My Office
It is easy to forget that that magical device in your hands is also a telephone. With so many gizmos and gadgets you can add to it, it isn’t hard to let the basics slip by! It doesn’t always take fancy bells and whistles of modern technology to make the best decisions, especially when it comes to finances.
Instead, open up that phone and dial (507) 304-7017. That will help you reach my office, where we can sit down together to map your financial future!
