Everyone is trying to save more nowadays, especially when there are tougher times in the economy. And this is especially true for people who are trying to budget to buy a new home or some other big ticket purchase.
For those who aren’t great with money or even those who just want to keep track of where their money is going, technology has the answer.
You know there are apps out there for house searching, and even for finding garage sales, so it should come as no surprise that there are plenty of great apps out there that are going to help you with managing a budget.
Balance is a great little free app that gives you a quick and easy way to track all of your finances. One of the best features about it is that you can keep track of any expenses that you pay out on a monthly basis, so things like internet bills, gym memberships or car insurance. So, in one look you are able to see everything that is going in and out of your account.
This app is pretty close to an all in one financial too. The big plus of an app like PageOnce is that you can actually link it up to your bank and credit card accounts to see exactly how much you have in both cash and credit available. It also allows you to set reminders, so you will know that a credit card or cable bill is due, because it will alert you a few days before, perfect to avoid late fees which can really hurt your credit
One of the best and most popular personal finance apps is Mint. Like PageOnce, it also allows you to sync all of your entire bank, credit card and investment accounts so that you can get real time spending information on the go. Mint will let you set up your budget for each month and then also alert you if you are in danger of overspending.
If your goal is focused more on reducing your current debt, then this app might just be a perfect fit for you. Debt Minder will allow you to track things like student debt and credit card debt, and then help you figure out exactly how to start paying these off. The app can set up a plan that works perfectly with your needs and gives you some great charts and graphics that will give you a real time easy to read way to follow your debt reduction process.
What’s Your Favorite?
The four apps above are a perfect way to get started to put yourself on track towards both paying down any existing debt and also monitor your current spending habits. Keeping track of both of these will be able to help you make a big difference when you start planning for a big purchase like a new home or car.
Did we miss any great apps? What are some of the best financial and personal finance apps that you love to use? Let us know in the comments!