Author: Art Lewis
Personal money management apps are programs that assist you in managing all elements of your finances. They help you keep track of your spending, saving, and investing. They can also keep you updated on your credit score.
Today, we will educate you about the importance of these applications and provide you with options you can choose from.
What are the Criteria for Choosing the Best Finance Management App?
Personal finance apps are available in free and paid versions. However, the free versions may include unsolicited advertisements, while the paid versions might be clean from Ads.
Another factor to consider is the app’s features. Finance app features are base on their primary development purpose and the goal of the developer or company involved.
We’ve collected the top 3 apps you can use to manage your finance, they are:
1. TrueBill
Truebill is a financial management software that helps users save money by assisting them in canceling unwanted subscriptions while promoting money-saving.
One of the main features of TrueBill is the ability to find and cancel subscriptions, you no longer use. To do this, TrueBill links to your bank accounts and analyzes your transactions for subscriptions.
Another service TrueBill provides is bill negotiation. To use this feature, you’ll need to take a photo of your bills — like your phone bill or cable bill — and upload it to the app or website. TrueBill’s team will then look for ways you can receive discounts on these bills.
Truebill price ranges from $3 to $12 per month. You should pay for the subscription if you want to have exclusive access to all the app features. You can download the application on your iOS and Android device.
2. Mint
Mint works with bank accounts, credit cards, and retirement accounts to keep track of earnings, purchases, and savings.
Mint features include a daily budget planner that designs a budget plan based on your spending habit. As you use the app, you may change your goals.
Unlike many other budgeting applications, Mint distinguishes itself by providing credit monitoring in addition to budgeting.
While the Mint app is free to use, it contains in-app advertisements. You can download the app on your iOS and Android device.
3. PocketGuard
PocketGuard is created for individuals who want to improve their spending habits and save more money each month. You can link your credit and debit cards to the app to track your transactions.
PocketGuard’s reports are its defining feature. PocketGuard gives a good overview of your costs and displays the precise amount of each expense.
For certain users, the free version will suffice. Nevertheless, upgrading to PocketGuard Plus may be worthwhile for those who seek more features. You can download this app on your iOS and Android device.
Conclusion
Personal money management applications support planning, saving, and bill payment monitoring. Because most banking applications have several functions, you must choose the one that best meets your needs. You should also look at the prices and the amount of security it offers. Even if you have no financial expertise, personal finance applications may help you manage your money properly.