Control money. We always strive to do that. Our life is almost completely automatized: the first thing that everybody is doing in the morning is checking their Facebook or Instagram. People of the 21st century have been chained with the technologies: we are feeling uncomfortable if we haven’t taken our phone with us or haven’t had Internet access for more than 2 hours. It goes without saying that managing personal finance now is different than it was 10 years ago: people want to have everything in their smartphones and not on the paper. That’s why here I have collected 5 apps that will help you to save some money:
Monefy is one of the simplest budget apps. It is easy to use and it shows amazing graphs that will help you to understand what you actually spend the most. You can add categories (they are not default), change currency (it is really good when you are traveling a lot), weekly reports and the support of various cards. Alongside that, you’ll get a built-in calculator, passcode protection, Dropbox integration, widgets, and more. The interface takes a moment to learn. There are some drawbacks, to my regret. The free version is full of advertisement that is really annoying and moreover, the app cannot be synchronized with your bank accounts: so, you need to manage it manually. The pro version costs $2.50.
2) BudgetBakers (Wallet)
This app is really similar to the monefy: I like them both. It all depends on which interface is simpler for you. This app also comes with multiple currency support which makes it easier to use if you travel a lot. Nevertheless, the app has automatic bank integrations which are helpful.
There is also an automatic cloud synchronization feature which makes it easier to access the data from other devices. The spending tracker is a great way to know where your money is going. App also comes with standardized categories and different templates which can make budgeting a lot easier.
Another good feature that Monefy doesn’t have is the ability to show records on a map. The app also comes with a good widget that allows you to enter data right from the home screen.
When you are just starting the app, it is syncing your savings or checking accounts. Then you are told how much you have left in your account after what you’ve spent that day, then app uses your average daily spend to estimate how much you can spend in the next week, month, etc. Moreover, if there is not enough money in your account to continue spending as you have been, Level lets you know.
This budgeting tool also has a useful Insights section, which can help you track a certain category of spending. For example, you want to know how much it will cost you per month if you buy this amazing caramel frappe every day. Here’s how: Level will take your average daily spend, use it to calculate an average monthly spend, then a projected annual cost, if you continue to spend at the same rate.
In addition, Level also shows you a balance chart for your bank account, which illustrates how your bank account will look (good or bad) if you continue to spend at your current rate.
4) The birdy
This app has an interesting way of working: every day you need to reply to an email that this app is sending to you. There is a list of transactions that you remember from the day, and it immediately provides you with an illustration of where all your money goes. Think: handy – and pretty – pie chart. This spending tracker is free and doesn’t require a password. Nevertheless, it is not good for the ones who wants to record the expenditures step by step.
Mint is actually a replacement for an older app called Mint Bills. This app is one of the most popular ones and possesses a lot of various features: you can see everything in one place, manage your bills and money, and even pay your bills if you want to. Mint also shows you how your cash is moving in real time, like your credit card debts, investments, expenses, and deposits. This can be especially helpful to those who use their credit cards for all purchases, helping you stay aware of how much money you really have each month. If you prefer to use cash, you can still take advantage of this feature, you just have to manually enter each purchase made with cash.
There are also some features as the reminder of upcoming bill payments. Providing you with your credit score. For security, there is a multi-factor authentication. For ones who love their laptops more than cell phones, there is a web app.
As the previous app (Mint Bill) was popular, there are more and more people who are downloading Mint so the developers are all the time working on the app to make it better.
Besides using the app to manage your money, I will recommend reading the financial news. I am having a bunch of blogs and websites that I am reading on the daily basis. It is helping me to be updated about the news in finance and upgrade my skills in saving and investment. You can see my collection here ( I am using Feedpresso):
I really hope that it would help you finally not to be broke before your salary. Finally save some money for some of your dreams.
This is a Guest Post written by Lydia Lysenkova