Five Fantastic Apps for Managing Your Money

By Mike Peterson
In April 24, 2013

Staying on top of your finances doesn’t have to be difficult in the digital age.  There are a variety of apps people with smart phones and tablet computers can use to help with debt consolidation, reporting expenses, paying bills, and more.  If you’re ready to change the way you manage your money, consider downloading a few of these apps. 

 

Mint

 

Keeping track of all of your money can be difficult.  Making car payments on time, checking on your stocks, and making sure that your savings account is growing can take a lot of time.  If you download Mint, you’ll be able to see and manage all of your financial obligations with this great money management app.  Using the Mint app is like having your own personal accountant.  You’ll be able to easily see the balance in your checking, savings, and retirement accounts, and manage them how you see fit.  This app is great for people who need help sticking with budgets and reaching financial goals.  Once you tell the app what you want to accomplish money wise, it’ll send you updates each month on how much closer you are to your goal.  It can even give you advice on how to achieve your goals faster.

 

Debt Snowball Pro

 

Have you ever heard of the debt snowball method?  It’s essentially a debt reduction strategy where people in debt focus on paying off smaller amounts of debt first, and gradually move on to paying off larger debts.  The money that was put towards the smaller debts can now go towards paying off bigger debts, and many financial advisors swear by the method.  If you have an iPhone or iPad you can download the Debt Snowball Pro app and be able to manage your debt in the palm of your hands.  This app keeps track of all of your debt obligations, and makes a detailed payment schedule that can show you how your snowball payment methods are affecting your debt.

 

Expensify

 

Is there anything more tedious than having to put together an expense report?  Many professional accountants dread having to keep track of every receipt and purchase, and if they dislike doing them you can almost imagine how tedious it is for the average person to do it.  Keeping an expense report can help make filing your taxes easier, and it can give you insight into ways you can improve your spending habits.  If you want to have a monthly expense report you don’t have to hire an accountant, just download Expensify and get started.  Using it is easy. First you give the app access to your online bank account, scan your old receipts, and wait for the app to calculate your report.

 

Money Lover

 

Tracking your personal finances isn’t as easy as simply looking up your bank statements online.  You have to take into consideration income from your job, personal sales, investments, and winnings if you want to get the complete scope of your financial standing.  If you want an easy way to track it all, you need to download the Money Lover app.  Money Lover is like having a personal assistant and accountant rolled into one.  It won’t just keep track of all your finances, it also can remind you to make payments and keeps track of all your financial transactions.  This app even has a handy feature that lets users add customized categories for their income and expenses.

 

PageOnce

 

Is there anything more complicated and time consuming than figuring out when you have to pay your bills?  If you’re always forgetting the due dates of your bills, the Pageonce app can help you keep track of every company you need to pay.  Pageonce can help you pay your bills with the simple click of a button, and it also shows you your account balances so that you can make sure that you can afford to make your payments.  The app will also keep track of all of your purchases and deposits, and will also track your credit card transactions.

Mike is the author of “Reality Millionaire: Proven Tips to Retire Rich” and he has been published in a variety of local and national publications including Entrepreneur Magazine, Deseret Morning News, LDS Living Magazine, and Physicians Money Digest. He holds a B.S. in business administration from the University of Phoenix.