Is saving money and spending wiser included in your New Year’s resolutions? Could you use a little help, anyway? Lucky for you, we live in a mobile world and there’s an app for that – five, actually! Check out our top five favorite apps to help you manage your money. No more excuses!
Mint.com: We mentioned Mint.com earlier for one of the best apps for your business, but it is worth reiterating as one of the best apps for you! Mint.com is a financial assistant in your pocket, linked to your bank accounts and credit cards. Mint.com notifies you for upcoming bills and payments and sends tips on ways to save money and manage better based on your spending. You can use Mint.com to set up a budget so that you never lose track or overspend. Mint.com is available free online in both the Apple Store and Google Play!(via)
iAllowance: If you’re childless, keep scrolling, but for the parents stumped on how to teach their kids financial responsibility, this app is for you. iAllowance makes you the bank and your children the account holders. With iAllowance, you can set up “deposits” on a schedule so that you never forget and the payments stay consistent. If your child earns money based on chores or activities, iAllowance breaks down the earnings to save you from over or under spending and helps your child easily keep track of their savings. Some experts fault the app for not allowing children the experience of applying math by counting coins and bills, but the app is gets an overall high rating for engaging children in the financial world at an early age. iAllowance is available for $3.99 in the Apple Store!(via)
Toshl: Toshl is similar to Mint.com, but savvier for those who prefer not to have their accounts linked to their phone, and with an element of fun! A one-eyed monster will greet you and obligingly with fun “facts” as he records your expenses which you enter manually. Toshl allows you to set a budget and files your expenses and earnings into it for a 30-day period. Toshl has the advantage of privacy and real time of entering expenses as you spend, rather than dealing with the skepticism of whether or not your account is synced. Toshl has a web version as well, which stores your recordings in a cloud. Toshl is available for free in the Apple Store or Google Play!(via)
Venmo: We know we live in a social world, so it’s only natural that spending be made social, too. Venmo allows you to connect with friends and instantly make owed payments or split bills. You can deposit a balance into Venmo or use your debit card completely securely. If you’re inclined to make it more personal, you can send messages and share activity on social media. With Venmo, you never owe friends money for long and splitting the utilities becomes a synch! Venmo is available for free in the Apple Store or Google Play!(via)
Key Ring: Get rid of the bulk and clutter! How many rewards cards do you have tied to your keys? Have you ever lost one and missed the discount at the checkout line? Key Ring scans your rewards cards and stores them all on your smartphone. When you get to the cash register, rather than sifting through dozens of cards and carrying bulk around everywhere, keep your savings stored neatly on the accessory you never part with – your phone! You can also use Key Ring to access deals and coupons and join loyalty programs without entering the store! Key Ring is available for free in the Apple Store or Google Play!(via)
Mobile apps create efficiency by giving you the ability to access all points of your life from one source so that you never lose track or slow down. We hope these apps help you make smarter decisions in 2013!
Do you use any of these apps, or would you recommend any others that have helped you?