Would you like to take your money management on the go? Would you like cheap financial advice? Here are 5 apps that will show you how to save money.
5 Financial Apps that Will Show you How to Save Money
Saving money isn’t easy. Whether finances just aren’t your forte or you’re just learning how to manage them on your own, you probably have questions about how to save money.
While it seems simple, there’s a lot you need to take into account. Luckily, we have different apps to help you manage your money wherever you are!
Curious to learn how to save money in the digital age? Don’t have time to record your finances the old fashioned way? Maybe you’re just looking for some new and improved budgeting tools.
Read on. We’ve got all the answers you need.
How to save money the digital way
Gone are the days of paper and pen budgets. In today’s environment, you don’t need an accountant to help you learn how to save money.
Everything is digital, so it makes sense that budget and financial apps would go that route too!
If you want to learn to budget your money and save some, we’ve got 5 of the best financial apps available for you!
Mint
When it comes to learning how to save money, Mint is the ultimate budgeting tool.
Mint is highly versatile. It allows you to set savings goals, and it sends you daily notifications regarding your progress!
While Mint used to have a bill-paying feature, they’ve discontinued that recently in order to focus strictly on their budgeting app.
If you’re looking for an easy app to teach you how to save money, Mint is great because of how user-friendly it is.
It allows you to set up different budgets than the one that’s already pre-made. You can also use this to monitor the progress of each budget.
For instance, it can easily tell you that you’re spending more on gas or fast food than you intended. Once you look at that, you can figure out where you need to cut back.
BillGuard
BillGuard is a fantastic tool to help you learn how to save money. This app works twofold. One one hand, it helps you build a solid spending budget. Additionally, it helps keep your cards safe from any fraudulent charges.
BillGuard is super easy to use. This means you don’t have to figure out this app when you’re on the go.
The first step is to sync BillGuard to your bank accounts. It’ll be able to show you your entire balance. You’ll also get a peek at how much you’ve spent already this month.
If you’re used to dating apps, you’ll be fine with BillGuard. Swipe through the app to review all your transactions. This helps the app know that the charge wasn’t fraudulent.
If you don’t recognize the charges, swipe left. Then, BillGuard will take over to help guide you through the reporting process to get your accounts in order.
HelloWallet
Like a couple of other options on this list, HelloWallet offers you mobile apps and a desktop interface. Regardless of whether you’re at home on the road, learning how to save money has never been easier.
HelloWallet has a very simple interface, but it’s entirely secure – which is a must for any financial app.
This app boasts a read-only interface. This means that absolutely nobody can touch your money through this app – even yourself.
It also allows you to view your financial information all in one place. You can set goals and priorities, and you can take a detailed peek at your financial progress.
HelloWallet’s interface can also hold any and all financial info you have. It can track your income, checking and savings accounts, any credit cards you have, and investments. It can also keep an eye on your 401Ks, healthcare info, and more.
It stays up to date by streaming your information directly from your bank.
Since everything’s in one handy place, it lets you learn how to save money by picking out patterns in your spending habits. Once you analyze those trends, you can figure out which areas need work.
You Need a Budget
First things first, You Need a Budget is not a free app. However, it does offer a free trial for those who are eager to try it out!
YNAB takes an active approach to budgeting, claiming that the key to effective finances is just to make sure each dollar you spend has a purpose.
Oh, and you have to make sure this purpose is figured out before you actually spend the dollars.
YNAB is a very flexible app, letting you make changes to your budget when you need to. YNAB proposes that with a change of mindset and technique, it can be easy to take control of your finances again.
If you’re ready to learn how to save money and stop living paycheck to paycheck, You Need a Budget might be the app you’ve been looking for.
Level Money
Level Money is a unique app in that it helps you budget, but it also lets you know how much money you have left to spend.
This app helps you budget any spending essentials. Things like rent and the rest of your bills are handled and taken care of, and you’ll also get a target savings goal automatically.
Anything left over goes into your Spendable balance. This can help you save more money than you think.
If you’re going out, you can only really take your Spendable balance into account. Disregard everything else. Level Money tells you right off the bat how much money you can effectively spend.
Conclusion
Figuring out how to be financially independent can be a struggle. Millenials, in particular, tend to live paycheck to paycheck, but once you’re in that hole, it can be difficult to get out.
Luckily, the apps available on the market today make managing your finances an easy breeze. A quick check on one of these apps can help you figure out where you stand financially in an instant – and some of them can even help you pay any bills you have!
Have questions regarding how to save money and manage your finances? Contact us today!
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