Managing money and keeping track of your finances can be really complicated. It’s legitimately time-consuming and complicated to write everything down. Especially when you have several in-going and out-going sources each month.
Fortunately, there is plenty of mobile apps, to make financing much easier for us. Obviously, many of them are just going to make it harder for you, so you have to choose wisely, in order to benefit from it.
Personal finance apps have several impressive features to attract customers. For instance, you can easily connect your your bank account to see your spendings, set a goal for how much you want to spend, or save a month, track upcoming bill payments, possibility to check your credit score, or investment portfolio.
If it’s not enough for you, the best finance apps provide other features, such as email reminders, track of subscriptions, bill due dates, shared wallets and so on. That’s why I have prepared article about 4 finance apps, which are the best mobile apps on the market in 2019.
Let’s take a closer look at them below;
The best app for managing your finances: Mint
Probably the best and most well-known personal finance app on the market right now is Mint.
The app provides you with a complete overview of your finances in one place. You can easily connect your credit or debit cards to your mobile app account and it automatically takes your transactions, categorizes them and gives you the overview of how much you are spending.
You can create a budget of how much you want to spend, as well as keep track of your bills and spendings. One of the recent additions is that you get a free access to your credit score.
The app allows you to track your investments and schedule all your utility payments. If you pay some bills manually, the app will send you email reminders or add specific dates for payments to your calendar.
The best app for getting out of debt: You need a Budget (YNAB)
You need a budget is quite unique app for financing your debt. It helps you stop living paycheck to paycheck, pay off debt and forces you to live within your actual income. It has a built in system which works on a principle that every dollar has a specific purpose/job to do in your personal budget. If you get off track, it will suggest you, what you should do differently.
You will have to pay monthly or annual fee, which might be disturbing for many of you, but it’s totally worth it. You get online classes with live instructor for questions and answers. Based on the statistics, the average user pays off $500 in debt the first month and more than $5 000 in first year! This explains itself enough. They have a free trail period for first month. You can set up weekly or monthly budgets and budgets for special occasions such as Christmas or birthday gifts.
The best app for visuals: Mobills
Mobills is definitely the best finance app for visuals and design. It’s super easy to control your finances and keep track of, where you are spending the most. You can create budgets for several occasions and make a plan on how much you want to spend.
The whole concept of the app is to be super user-friendly, meaning it’s easy to understand how the app works and make it visually attractive for customers. It’s much easier to understand your finances if you can see it all in charts, tables and columns. The app will also remind you due dates of your bill payments.
The user rating is 99,8% which explains it all. Mobills is available for free, but it has limited functionality, so I recommend purchasing premium version, where you can access full version of the app with all the features. The app is available on desktop, Google play, App Store and Microsoft.
The best app for managing subscriptions: Clarity Money
Subscriptions have emerged rapidly lately and it’s getting harder and harder to keep track of it.
We subscribe to many platforms and medias already, and the number is just going to increase. Who writes down all the channels that you have subscribed? I am sure only few of you. I don’t. That’s exactly what Clarity Money is for.
You can simply see all your subscriptions in one place, have a possibility to cancel unwanted ones, check your free credit score, create a budget of how much you want to save and keep track of your spending. Pretty impressive, isn’t it?
The app also analyzes your behavior and it recommends you how to improve your finances.
All 4 personal finance apps are available both on IOS and Android. Personal finance apps offer lots of advantages such as:
- Budget planning
- Cash management
- Daily expense
- Finance manager
- Financial overview
- Dashboard of your account
- Pocket expense
- Loan repayment
- Mobile wallet