4 Best Personal Finance Apps

Personal finance is one of those areas that few people really plan for. While most people have some short-term goals like saving for a car, there are few that really pay attention to how much money they have or need. If you are tired of not having enough money or not having a plan, then considering downloading one of these personal finance apps. There are literally hundreds of apps available in this niche, but these are the four best that should definitely be on your mobile device.

Mint

This is one of the most comprehensive personal finance apps, and it’s available for all major smartphone operating systems. You start off by plugging in all your bank information like your savings and checking account number. Mint will then access your accounts to see how much money you have, what your spending habits are and how your personal finances stack up. This app will give you an overall look at all of your finances, and it will help you fix any problems that are affecting your finances.

There is only one problem with this app, but it’s not unexpected because this is a free app. You will have to go through some advertising, but it’s not that annoying.

**editor’s note: this is the app I use for our finances, and love it!!

Debt Dog

Credit cards are great when you don’t have the immediate funds to buy something, but you always end up paying more when you use a credit card instead of cash. Most people don’t recognize how much more they are really spending because they only cover the minimum payments, and that makes it difficult to understand how much extra you are spending for the item.

Debt Dog is an app made to raise awareness of credit card fees. You can enter how much money an item costs, your credit card rate and how long you expect to take before you pay off the item. Debt Dog will then show you exactly how much you will spend on the item.

Savings Goals

Most people are saving up for something, but it can be difficult to understand how much you need to save per day without a little help. Savings Goals is an app that allows you to insert how much money you need and when you need it by. The app will then create a customized savings plan that will show you how much money you need per day, week and month.

This is incredibly helpful if you want to save for something big like a house or a car, and it can even help with those larger short-term purchases like a computer or new gaming system. There is also a tracking system that allows you to insert how much money you have actually saved, and Savings Goals will change the plan accordingly if you save more or less than your target.

iExpenseonline

Some people don’t want to track their personal finance because it’s a train wreck. It doesn’t help to watch your finances like a hawk unless you are going to do something about them, and iExpenseonline is an app that can help with this. It will take a look at how much money you owe and how much you have coming in. It will then make a plan to help you better your financial situation. If your finances are a wreck, this is the best app for you.

There are many personal finance apps out there, but these four are the best. They will help you make a budget, save your money for larger purchases and they can help you get back to financial stability. Try these apps, and you will see how monitoring and improving your finances can get much easier.

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Andrew Web is a corporate accountant and guest author at Accounting-Degree.org, a site with guides and resources to help prospective students review top-rated accounting degree programs online.