In these days of advanced technology, there are many Apps available to help you manage your budget or plan your money. See which of below may work best for you, some of these may be specific for North America
Similar to Mvelopes and the good ‘ole envelope system, is Goodbudget. It was formerly known as Easy Envelope Budget Aid. For initial signup, all you need is an email address and password.
Acorns is one of the best apps for budgeting because it invests your spare change. Signing up is easy – This can be done online or through the app. However, the app will eventually be needed because that is where you manage everything. All you have to do is answer a few basic questions.
Stash is one of the best budgeting apps because it is more of a learn as you go app – This means they will walk you through every detail and all the steps.
This hand-holding makes the whole saving money thing a lot less painless. Stash helps you build up your money over time by making investments that you feel comfortable. You can invest your money in all different kinds of stocks and ETFs that will make up your portfolio.
Mint is one of the most popular budgeting apps.
It is one of the simplest apps for managing your money and seeing all the places your money goes. Sometimes, it is easy to spend money because you do not notice where exactly all your money is going.
Mint is completely free and super easy to set up. It offers a platform for a detailed budget and access to your investment accounts. With this app, you can link to your bank accounts and credit cards for side by sidetracking. You can also use the app to pay bills.
It uses the envelope strategy. This app uses your budget to allocate your money to “envelopes” and helps you keep track of your spending and allocation. It costs £3 a month to use this app. To make maximum use of this app, you may need to pay more than the £3. Additional services include financial tips.
YNAB (You Need a Budget) costs $6.99 per month. It focuses on the allocation of your money dollar by dollar. It also offers to sync of bank accounts and mobile device support.
Acorn helps you turn your savings into investment. It tracks all change or residue from your money and suggests investment ideas and plans.
Wally has the advantage of supporting most foreign currencies. You can also save pictures of receipts and reduce your paperwork. It gives you a reminder of your budget progress and remaining money whenever you log in.
Joy Money App
Joy is one of the best budgeting apps. Here is why. Joy does not just use pie charts and graphs as its basis, and it also focuses on the psychology behind saving money.
Digit is a handy little app that tracks your spending to calculate how much money you will have for saving. It makes automatic withdrawals from checking into your savings. Simple! The basics behind are to encourage you to save money by showing you how easy it is to keep.
Please note that the Apps can only help you track your spending and keep records, but you need money management skills to make the right financial decisions.
For More Information and Tips on Managing Money, Download our Free eBook.