4 Personal Finance Apps That Will Help You Budget
Whether you’re saving for a big purchase or trying to get out of debt, budgeting is key. Check out the personal finance apps that make budgeting easy.
Are you terrified of budgeting? You’re not alone. About 49% of Americans are concerned or fearful about their current financial well-being.
Creating a budget is one of the most important things you can do for your financial well-being. Don’t worry, budgeting doesn’t mean you have to create some boring spreadsheet and track every charge.
The pathway to budgeting is right at your fingertips. There are many finance apps that can help you keep up with your budget.
To save you time, we’ll list some that we think could get the job done.
Who says budgeting can’t be fun? Unsplurge wants you to rethink how you spend. This app encourages users to spend less on daily luxuries so that they can save up for things they really want.
If you’ve been daydreaming about a vacation, going on a shopping spree or paying off a debt–Unsplurge can help.
Once you set a goal for what you want to save for, Unsplurge helps you make smaller goals to help you get there.
If you prefer simplicity, Fudget may be the personal finance app for you. This app opts out of extra features and focuses on the basics of budgeting–money in versus money out.
With a fast and simple interface, Fudget lets you add in your income and your expenses.
This app doesn’t have fancy folders, categories, infographics or graphs. If the idea of budgeting confuses you, this app makes it simple.
This app tells it like it is–You Need A Budget (YNAB). YNAB is your personal finance sidekick that gives you a quick view of your accounts. You can enter new transactions and adjust your budget with the swipe of a finger.
There’s also a web app that syncs with your other devices, allowing you to keep up with your budget wherever you are. The web app also provides education to help you learn more about good financial health.
With an app like YNAB, you can pay off debt and prepare a rainy day fund to help with unexpected emergencies.
If you get off track (we all do sometimes), YNAB helps you see where you can improve to get your budget back in balance.
Intuit’s Mint syncs with your bank to give you a look at your financial spend in real-time.
Mint is known for helping users look into their debt, 401k accounts and credit charges. It will even alert you if you approach your budget limit to keep you on track.
Everything is shown in a beautiful interface that makes budgeting a little less scary.
Will Finance Apps Will Help You?
If you’re having a hard time understanding where your money goes each month, it’s time for some serious budgeting. Personal finance apps can make it simple.
Studies show that Americans are checking their phones 8 billion times per day! Put that phone to good use and use it to help you keep a tab on your finances.
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