Money management has become much simpler with the help of technological innovation. The development of various applications has made it easier to monitor expenditure and to create efficient budgets.
Money management apps have become much more popular and easily accessible through smart device technology.
Greg is a young professional with a relatively good handle on his finances. He is looking for ways to improve on the way he uses his money, while saving more. This is why he has opted for using money management apps. The good news is that he has access to an array of apps from which to choose. It’s important that he find the best app for his needs however.
Which are the top money management apps?
Gregory has access to a number of apps, including the likes of Mint, You Need a Budget and 22Seven.
This is one of the leading money management apps and features a user-friendly interface and simple, yet highly efficient tools. Greg can use this app to see all of his finances in one place. This way, he can see exactly how much he is spending daily, weekly and monthly. Mint allows him to track his bills, while also getting alerts about upcoming bills so that he doesn’t miss any.
The features are intuitive, so while Greg may be focused on tracking bills, the app also facilitates the creation of a personalised budget, so he may end up also relying on this feature.
You Need a Budget
With this app, Greg is assured that he has access to the best budgeting tools. He can use the app to connect all of his bank accounts in one place. This way, he can monitor his spending, along with all of the charges that contribute towards depleting his finances. With this app he has access to real-time information. There are also added features like 20-minute workshops, designed to offer simple tools and tips.
This secure app is available on iOS, Android and the web. It gives a complete overview of finances, making it easy to keep track of your money. Using linked accounts, it clarifies the users actual spending and an honest account of where the money is going.