One of the most challenging habits for most people is how to manage their investment and avoid debts and overspending. Luckily, with the advancement of technology nowadays it becomes straightforward to keep track of your finances and become a better budget manager. Some of these apps will help you in controlling how much you lend out, loan or save. They serve as a motivator as they let you manage your finances in real-time.
Mint is a free to use the financial app for iOS and Android which looks and updates your account balances in real time. This application is meant for Canada and U.S only and requires you to be connected to the internet to get updates. Your transactions are categorised automatically and give you an alert when it detects that you are about to go over your budget. You can choose the kind of warnings that you need to receive related to your bills from the app’s settings. This app makes it on the list of the best apps for 2017 due to its speed and reliability in updating your financial records. A combination of the app and the free web-based version of mint.com offer you the ability to create detailed future spending and transfer of money between accounts. Mint app can be accessed on Android, iPad, iPhone, and The Web.
Venmo is a free Android, iPhone and Web-based application that lets you send and receive money quickly from friends. This app offers basic but useful functions with robust and precise focus execution despite relying too much on social networks. Users should ensure that their accounts are set to private before the public can accidentally access them and see your money transactions with your friends. It provides a convenient method of money transfer and can be used on the go.
If you need personal finance education from the comfort of your home or office, then LearnVest is the app for you. You can access free limited services, or you can choose an optional financial advisory service for $19 per month with an addition of an initiation fee of $299. This app is similar to Mint, but the paid package offers you the ability to get in touch with a real life financial advisor for all your queries. This application is, however, limited to the Web and iPhone users and hence Android users should find Mint more convenient. LearnVest offers financial education and literacy and hence it focuses more on reading material which can be accessed from the web or on the app and users can choose from the numerous topics available.
- Level Money
For people who have a level income and spending, Level Money will go a long way in helping you manage your finances. This app lets you know how much you can afford to spend on a daily basis as well as how much can be saved. This app is convenient for people who are not sure of what their daily expenditures should be.
- CMC Markets App
If you are a stock enthusiast, CMC will come in handy with no commission fee. This app will help you in knowing the best-performing stocks that can make you money. For people who have no idea of where to start in the stock market, CMC Markets is one of the platforms that can help you get your feet off the ground to the world of trading and spread betting. You can trade with a demo account until you are sure you are ready to invest in real currency.
Qapital is a personal finance app that makes saving through gamification and small daily actions fun. This app sets easy goals for saving which can be achieved by almost everyone using the app. You will, however, be compelled to open a new savings account to start using this app. The app is available to iPhone users only.
These apps will help you in managing your finances depending on the assistance which you want. There are various apps which are limited to iPhone users only, but you can find other alternate apps for Android which will serve the same purpose and let you take control of your finances.