One of the many things that technology can do is to help us better manage and organize our lives. I hate to admit it but I can’t live without my smartphone nor live without the internet. That’s why I make the most out of it by using the help of technology to manage and organize my schedule and finances. Personally though, I still use paper and pen to jot down my To Do’s and Expenses together with the use of helpful smartphone applications.
Here are some cool phone apps that can help you manage your money wisely:
GoodBudget (Free on iOs, Android)
Formerly called EEBA (Easy Envelope Budget Aid), this app uses digital envelopes to help you allocate your budget wisely. The app provides you with income vs spending reports that can guide you with your future expenses. You can sync your account with multiple devices which makes it ideal for couples/families.
BillGuard (Free on iOs, Android)
Dubbed as the “Best App to Track Your Money” (Forbes), this free money tracker allows you to view all your accounts in one place. First, you need to sync all your bank accounts and the app will bring up your total balance and spending for each month. You will not only be able to track your transactions but also recognize unauthorized ones. The app even sends you notifications when your card is used away from your location. It’s definitely the smartest and most secure way to protect your hard-earned money.
Expensify (Free on iOs, Android, Windows)
This app offers 4 helpful features – SmartScan, Add Expense, Track Time and Track Distance. If you save your receipts, the “SmartScan” lets you photograph, categorize and tag receipts and automatically adds them to your expenses. No need to hang on to those paper copies. The “Add Expense” category on the other hand, allows you to manually enter your expenses.
“Track Distance” comes handy if you want or need to bill by distance and “Track Time” monitors hourly earnings based on a set hourly rate that you provide.
Mint (Free on iOs, Android)
One of the best budgeting apps for 2016 (according to Gottabemobile.com), this free mobile application pulls up all your accounts, cards and investments into one place where you can track your spending, create a budget and receive bill reminders. Mint also sends you notification if it detects unusual.