If you do not know what an app is, then you have been living under a rock. An app is a smartphone application that can be used on your cell phone. There are thousands upon thousands of apps out there, for every need you have probably ever had. Apps range from games to driving direction providers to streaming videos and everything in between. There is literally an app for everything, and the same goes for personal finance. If you have trouble keeping or organizing a budget, there is an app for that. If you forget when you should pay your bills and how much you should pay, there is an app for that. If you have trouble calculating or keeping track of your taxes and tax records, well…there is an app for that! I think you get the idea, so here are 3 of the most useful personal finance apps on the market.
1. Keeping your money in “Mint” condition
Mint, an internet finance company, has created, by far, the most popular personal finance apps on the market. Currently, Mint has more than 7 million customers, thanks to their apps. The best thing is that the app is completely free to use. The app offers an all-inclusive examination of a person’s finances. You can track your spending categories in certain categories, and allows the user to design their own budget and see how well they are doing at following it. The app tracks all of your transactions via your checking and savings account, as well as any investments you may have.
2. Biting into PearBudget
PearBudget is another popular app on the market, although nowhere near as popular as the Mint app. PearBudget starts out as a free app, but then requires a $4.95 a month charge after a trial period. Essentially, PearBudget is identical to the Mint app, but with a few tweaks. For one thing, PearBudget tracks your transaction trends and expenses like Mint, but also exports that information to your personal computer so you have a hard copy that can be translated via Microsoft Excel. PearBudget also has an external website that can be accessed via a personal computer, and thus can expedite the sometimes lengthy- especially on a cell phone- sign-up process.
3. Keeping it simple with BudgetSimple
The BudgetSimple app is another completely free cell phone app. The stated goal of the company is to provide a simple spreadsheet budget application, which aims to help someone spend less than they bring in every month. Like the name of the app suggests, they are keeping it simple. The key to BudgetSimple is the plethora of graphs they give the user, which track all expenses in almost everyway you can think of. The app is like an automatically updated Excel spreadsheet. All you have to do is spend money and enter your desired budget and provide your bank information. The app does the rest of it for you.
About Author: Rob is working on masters in accounting online and does a lot with non-profits and his family on his weekends.