Technology has become an integral part of our everyday lives. After all, with smartphones in our pockets, we have computers and the power of the internet is at our fingertips 24/7. There are a million apps on the Android and iTunes marketplaces that were designed to make your life easier. But with so many tempting tools at your disposal, how do you differentiate the winners from the lemons? Personal finance apps are a dime a dozen, but here are the top apps to help you with your budgeting and saving needs.
The Mint budgeting app has been the app to beat in the personal finance market for good reason – it really works. This app updates and categorizes your spending and allows you to track and pay your bills to make budget-building a breeze. It also offers free credit score checking, alerts and advice to minimize spending and maximizing savings, and even lets you track your investments. Mint brings together every aspect of your financial life all on one app, and breaks it down so your finances are as easy to understand as they are to manage. That way you know in advance if you need the boost that a title loan can provide to get you by.
Gone are the days of saving pennies in jars for your rainy-day fund. Acorns modernizes the loose-change game, merging an automated savings tool and financial advisor to turn your spare change into solid investments. This app rounds up your purchases made with any debit or credit cards linked to the app to the nearest dollar, and transfers it into an investment portfolio. It costs $1 /month for accounts under $5,000, and 0.25% for accounts of $5,000+, but Acorn is free for college students with a valid “.edu” email address. This approach might not see you through to retirement, but it’s a great tool to start saving.
Prism lets you view all your account balances and bills on a single platform, making it simple to pay a bill the moment you receive it or schedule it for autopay at a later date. This handy app also keeps you on top of your finances with notifications for upcoming due dates and payment confirmation alerts. Using Prism to forecast your expenses can help you determine if you have the money you need for the month, or if you could use a title loan to get you there and help you avoid overdrafts or hits to your credit. This free app rocks thousands of five-star rating across platforms because it has saved users hundreds in late fees, which sounds like a win-win if there ever was one.
Do you know how much spending money do you have right now? PocketGuard can help with that. Enter your information, and it runs the numbers for you so you know how much money you have available once the bills have been paid. This keeps your spending under control, savings goals on track, and more money in your wallet where it belongs. Instantly see how much cash you have left in your pocket for the day, week, or month, and track your spending by categories like groceries or recreation. Get the insight you need into exactly where your money goes by category to track your spending over time to make you a budgeting boss in no time.
YNAB, also known as You Need a Budget, uses the Four Simple Rules of Saving to help you truly make the most of your money. Simply connect your bank accounts to YNAB, set up your spending categories, review your expenses and set goals for your money. This helps you pivot in the event of an emergency and make fast adjustments to adapt to whatever life throws at you. It even allows you to go from phone to PC and back in a snap. This one comes with a heftier price tag of $5/month, or $50/year, so it’s a budgeting solution for more serious savers, but you can try YNAB free for 34 days. The only thing you have to lose is your debt and all the stress that comes with it!