If you are looking for a simpler way to manage and improve your savings, then you are at the right place, this post is for you!
As per the survey of Bankrate, just two-thirds of smartphone users use at least one financial app on their phones. Because savings are the most integral part of your financial backups, you need to use a perfect financial app to help you better.
The financial apps help you in investment strategies during a downturn in the economy also.
Thus to protect and increase your finances you can use some prime money-saving apps that can help you in reaching your money goals, depending upon your preferences and needs.
Now you probably might wonder why you should use these apps! So here is your answer!
Why Should You Use These Apps?
Well, money is the most integral part of your financial growth. And we are usually busy with our daily activities like attending Jim, going to work, reading the books and newspapers and preparing the meal.
It is all exhausting Right! In all this stuff you don’t get enough time to manage your money or finances. Therefore the apps are made to help you in your savings and make a desired financial backup.
So let’s discuss some prime financial apps that can help you in achieving your money goals!
1. Mint- A complete Financial Overview
It is an app that brings your spending, balances and budgets to your credit score. It creates all your accounts easily and helps you in your money-saving. It is a budgeting app and provides you with the facility to access all the financial basics. You can have the facility of reminders for creating bills, making invoices and setting up spending categories.
Moreover, the Mint is the product of Intuit, a company that is liable for (TurboTax and Quickbooks). This is specialized in keeping your information safe and helps you in knowing about personal wealth management. Users of the app can connect with the money accounts, savings, investments and retirement funds also. Those who want perfect financial health can use this app and enjoy the benefits of the financial tool.
2. Every Dollar: Helps in Creating The Budget From Scratch
There is only one who needs to check what your budget looks like and that is “You".EveryDollar provides you with the facility to change or rearrange your budget according to your will. With this, it assists you in making line items for every expense that you think can occur. Besides this, it provides you with the option to categorize your similar expenses into one group.
With this, you can set reminders for the expenses for payments to be made in the future. This enables you to no more missed bills payments and reduces the risk of stressing to remember.
The app facilitates you to turn line items into funds. This helps you in saving the funds and investing in those for the future. There is nothing more convenient than knowing that you have enough funds to cope with the future surprises of life.
3. Acorns: To Save Without Thinking
Saving secures your future and helps in enjoying tomorrow. Acorn is a service for those who want to save without much effort.
Want to know how!
Let’s understand, after signing up in the app with the $3 monthly plan or $5 monthly plan members can link their accounts with the debit or credit cards so that the purchase round up and move forward.
The most important feature of Acorns has the tie-up with many retailers to offer cashback incentives to the users. In other words, it does not provide quick growth but still, those who use this app can see the actual outcomes.
4. Clarity Money: Live Debt Free
Artificial intelligence has made it easy for you to build a sound financial habit and also recommends the best financial tool to save your life from any mishap. This app helps the users in lowering and negotiating the bills directly through the app.
The significant feature of the app is the facility to list and cancel your monthly subscriptions and bills. This is important as now you will not have to pay for the subscriptions that you forgot and you were still paying for.
5. Ellevest: For Beginners in Investing
The salient feature of this app is that the company is proud of itself as it is for women and by women. This reduces the gap between women and the investment industry, as females are the game players of the professional world and financial wellness is important for women. As the name suggests this app guides the users about investing their savings and funds according to salary, age and gender.
Ellevest is in the favor of women empowerment and they welcome anyone who is a beginner of the investment journey with no deposit amount.
6. Pocket Guard: Unique Budgeting Tool
Pocket Guard is a user-friendly app that provides a detailed view of your monthly budget that is accessible from your phone. What you have to do is input your bills and spending, and the app will calculate how much money is left in your pocket.
The app has the free and premium version of $34.99 with additional features like creating a debt payoff plan.
7. Cinch Financial: Best Financial Recommendation Tool
This app is unique as it provides recommendations that are truly in your best interest. This can be understood by this, if you are not capable of paying your credit card debts then you also won’t get the recommendations for the best credit cards deals, Right!
But Cinch is your financial officer that puts your needs and money-making goals at the front. This is the reason that you do not find any ads on the app. Cinch facilitates you with saving the monthly expenses and managing the debited and credited amount in your account every month. I am thrilled with this app!
Conclusion
Thanks for reading, I also use the bank and financial apps to assist me better in my financial decisions. The technology has made it easy to access bank accounts and invest the sums with just one click. The other thing is that nothing is secure in today’s digital world. Still, these apps are having a good credit rating and I am sure will make you satisfied too. So don’t get confused, use the apps and fulfill all your money-making goals!
For more information about financial assistance in this regard stay tuned with us!
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