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Undoubtedly, managing personal finance can turn out to be daunting. With countless bills to pay and little money to take care of them, finding yourself in a financial mess is becoming common nowadays.
Are you in debt? Have you been looking for the best way to get out of
debt? Read on to learn about the best money management apps. These apps
will not only help you track down your expenditures, save money, but
also save plenty in the end.
This is perhaps the most widely used application on personal finance.
It gives you a complete and real time look into all your finances. This
is from credit cards and student loans to bank accounts. Mint is highly
effective at tracking down your spending; categorizing it and alerting
you if/when you are almost approaching your budget limit. The app can
help you with custom saving tips. You can view simple and intuitive
charts and graphs real time.
This application helps you make great use of your spare change in the
low-cost ETFs. After connecting your credit card and checking accounts
to it, it automatically rounds up all purchases to the nearest dollar.
It then invests the difference within a portfolio that you choose. In
“rounds ups” alone, users of this app will invest $30 to $180 monthly on
average. Nonetheless, if you are in need, you can invest lump sum
amounts of up to $30,000. You can download it on Android or iPhone.
Level Money also goes by the name “mobile money meter.” Once you
connect this application to your bank account, Level Money will
automatically calculate your recurring bills and income. Afterwards, it
will suggest what your monthly, weekly, or daily spending will be.
Level Money additionally comes up with the total amounts you need to
be saving on a monthly basis and then subtracts the amount from your
monthly budget. Moreover, you can set-up or create an auto-save amount.
All cash that is left unspent from the budget will rollover to the
savings account.
With Digit, you can save substantial amounts of money which you did
not even realize you had. Digit automatically scans your spending and
income patterns. After this, it transfers little amounts of your savings
that it believes will not be necessary to a totally different account,
which it manages.
From the savings account, you can withdraw anytime you are in need of
money. Nonetheless, you will not gain any form of interest off it. The
best attribute about Digit is that it is free. It runs itself with all
the interest it generates from its savings account.
The main value that you derive from this app is that it assists you
in discovering and saving money which you would otherwise have spent
elsewhere.
