We know managing your money can be a challenge. One way to help stay organized is mobile personal finance apps. Personal finance apps allow users to connect bank accounts, help categorize spending, track upcoming bill payments and more. The most useful personal finance apps provide several different features, but with thousands of apps to choose from, it can be tricky to pick the right ones for you. Below is a list of great apps to use and help manage your personal finances. All the apps on our list are available on both iOS (iPhone) and Android, so you can download them regardless of which smartphone you use.
Mint – Mint is best known for being the mother of all budgeting apps. It provides a complete picture of all your finances in one place, including investment accounts. Mint will categorize all your transactions automatically so you can monitor your spending. Over time, Mint will give users their average spending amounts in each category to get them started on a realistic budget. Users can also set up bill reminders, and will get alerts if cash gets too low or credit card balances get too high.
Personal Capital – Personal Capital is an option for users looking for a wealth management application. Personal Capital allows users to manage assets and investments along with everyday spending accounts. The app excels in helping you track and optimize your investments. You can track your portfolio by account, asset class or by individual securities. Personal Capital provides registered Financial Advisors who can provide you with customized advice tailored to your personal goals. There are no commission fees associated with using the app.
Goodbudget – Goodbudget allows users to allocate funds towards specific spending categories using the envelope system. Users can portion out their monthly income. The app allows multiple devices to access the same account, so partners and family members can share a budget with ease. Once your accounts and income have been entered you can assign money toward spending categories, known as envelopes. Goodbudget offers a free version which allows one account, two devices and limited envelopes.
Personal Finance Manager – Capitol Federal® offers the Personal Finance Manager for our customers. Personal Finance Manager is a rich financial tool that turns your transaction data into usable information for you. You are able to view spending for all of your accounts, as well as create, track and manage your budgets. You no longer need to purchase software or leave True Blue Online® to view this information. Just add the institutions you do business with, and Personal Finance Manager gathers information from accounts and transactions automatically.
Clarity Money – Clarity Money offers a variety of features that benefit budgeters and savers. This app is ideal for users looking to eliminate, or better manage, their monthly subscriptions. Users link their accounts and Clarity identifies recurring expenses like streaming services or gym memberships, as well as track price increases or reductions. The big attraction is that it helps cancel unwanted accounts that are a drain on users’ wallets.
You Need a Budget – If you are someone looking to pay down the debt you currently have, or avoid living paycheck to paycheck, You Need a Budget may be the app for you. With YNAB, every dollar in your personal budget has a purpose. Whether that means investing, repaying debts, or covering living expenses, every dollar has a job to do. YNAB helps you focus on living within your means. The app offers a built-in accountability partner to help you stay on track of your monthly goals. New users can try the app free for the first 34 days.
If you didn’t see your favorite application listed above, go ahead and share it with us below. We always look forward to hearing what works best for our customers.
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