Almost everyone in the world has access to a mobile phone device. Advancements in smartphone technologies have ensured there is a smartphone for people from all walks of life.
Our dependence on mobile phones to run our lives has led to a rise in the number of mobile apps in the market. We use the apps for entertainment as well as serious matters like personal financial management like budgeting. In this article, we review the top 10 money management apps you can choose from.
1. Mint
If you are looking for an app that lets you put all your personal finance to one place, then Mint is the app for you. With Mint, you can manage your money from any location.
You can keep track of your expenses, create a budget as well as receive alerts about your bills. The app will also enable you to keep track of all your accounts, like checking, savings, and credit cards.
2. Check
Do you have challenges remembering when your payments are due and creating monthly budgets? Check is a simple, user-friendly app that can help you take care of these challenges.
Check keeps track of your bills and your money on your behalf. With Check, you are guaranteed not to miss a bill payment. The app notifies you when your bills are due, or your funds are running low. These notifications help you take care of the issue before it becomes problematic.
3. You Need A Budget
You Need a Budget app enables you to come up with a practical financial plan and stick to it to allow you to get out of arrears. The app gives you a general view of your financial position to help you make smarter choices.
To enjoy the benefits of the app, you will pay for a subscription that costs 60 USD. However, you can use the app for free for the 34-day free trial period.
4. Doxo
Doxo is an app whose design is influenced by social media apps like Facebook and Twitter. With Doxo, you will be able to put all your vital family information in one platform. This capability enables you to manage not only your finances but also the entire household.
With Doxo, you can back-up crucial family documents, manage your household expenditure as well as keep in touch with utility and service providers.
5. Sigfig
Are you an investor looking for an app to manage your investment? SigFig will help you to design an investment portfolio professionally, monitor it as well as make needed changes to keep your investment on track. If you sync your accounts, you will be able to control all your investments from one place.
6. Toshl Finance
Toshl Finance is the first step to financial freedom. Without realizing, you could spend a lot of money on the morning coffee cups, fast-food lunches, and other daily expenses.
Toshl will help you keep track of all your expenditures. The app will help you to know where your money is all the time.
7. Spending Tracker
What makes Spending Tracker even better is the fact that it is very user friendly. The app will help you keep track of your expenditure to enable you to stick to your budget and save money.
Therefore, if you have difficulty sticking to your budget or saving money, Spending Tracker is the app for you.
8. Checkbook
In this digital age, you are probably replacing all your records with digital editions. If you want to replace your paper checkbook with a faster, more reliable way of managing your daily finances, the Checkbook is your app. The app will enable you to resolve transactions, save frequent expenditure as well as plan items to take place ahead of time.
9. Expensify
If you are an entrepreneur that needs to monitor their business expenditure, then Expensify is a must-have. Whether you are tracking the expenses for recompense or tax purposes, this app will come in handy.
With the SmartScan capability, the app can read receipts and record the expenditure. You can also track your mileage with the app and record any other business-related travel.
10. Mvelopes
Do you use the envelope system of budgeting in your household? The app works the same way the manual method works; you will be able to set the monthly budget on various items and distribute the cash to each category when you get your paycheck.