Money on the go: Top apps to help you manage your finances in 2019
October 14, 2019
Managing your finances can be a daunting task, but with the help of technology, it’s never been easier. In today’s fast-paced world, where time is a precious commodity, mobile apps can be a lifesaver when it comes to managing your money on the go. There are plenty of apps available that can help you track your spending, create budgets, and even invest your money. The best part is that most of these apps are free or low cost, making them accessible to anyone who wants to get a handle on their finances.
In this post, I’ll take you through the top mobile finance apps of 2019, how they work, and how they can help you better manage your finances.
1. Introduction to financial mobile apps
The world of finance has evolved with the advent of mobile technology. With the introduction of financial mobile apps, managing your finances is now easier than ever before. These apps have revolutionized the way people manage their money on the go. From budgeting to investing, there is an app for virtually every financial need.
Financial mobile apps have become increasingly popular in recent years as they offer convenience and accessibility. With a few taps on your phone, you can now access your bank accounts, track your expenses, and even invest your money. These apps are designed to simplify financial management and help users make informed decisions about their money.
Moreover, these apps come in a range of features and functionalities, and cater to a diverse audience. Whether you’re a student trying to stick to a budget, a busy professional managing multiple accounts, or a retiree planning for the future, there is an app for everyone.
In this post, I’ll be looking at the top financial mobile apps that have been making waves in 2019. So, if you’re looking to take control of your finances, stay tuned for our recommendations on the best financial mobile apps to help you manage your money on the go.
2. Budgeting apps to help you save money
Budgeting apps can be a great way to help you save money. They can help you keep track of your expenses and monitor your spending, allowing you to make better decisions about where your money goes. Here are some of the best budgeting apps to help you save money in 2019.
1. Mint: Mint is a popular budgeting app that allows you to track your spending, create budgets, and receive alerts when you go over your budget. It also offers personalized financial advice to help you save money.
2. PocketGuard: PocketGuard is a budgeting app that connects to your bank accounts and credit cards to track your spending. It also helps you create a budget and provides personalized tips to help you save money.
3. Wally: Wally is a budgeting app that allows you to track your expenses and set savings goals. It also offers a feature called “Wally Gold” which provides personalized insights and advice to help you save money.
4. YNAB (You Need a Budget): YNAB is a budgeting app that helps you create a budget and stick to it. It offers personalized advice and tips to help you save money and reduce your debt.
5. Goodbudget: Goodbudget is a budgeting app based on the “envelope method” of budgeting. It allows you to allocate your money into different categories and track your spending accordingly. It also offers personalized insights and advice to help you save money.
Using a budgeting app can be a great way to help you save money and achieve your financial goals. With so many options available, you’re sure to find one that fits your needs and helps you stay on track with your finances.
3. Investment apps to help you grow your wealth
Investment apps have become increasingly popular in recent years, as they offer a convenient and affordable way to grow your wealth. Whether you are a seasoned investor or just getting started, there are plenty of investment apps to choose from.
One popular app is Robinhood, which allows you to buy and sell stocks, ETFs, and cryptocurrency with zero commission fees. Another option is Acorns, which automatically invests your spare change from everyday purchases into a diversified portfolio. This makes investing accessible to everyone, regardless of their income level.
For those interested in socially responsible investing, there is also an app called Stash, which offers a range of curated investment options that align with your values. And for those who prefer a more hands-off approach, there are robo-advisor apps like Betterment and Wealthfront, which use algorithms to create and manage your investment portfolio.
No matter which investment app you choose, it is important to do your research and choose one that aligns with your investment goals and risk tolerance. With the right investment app, you can take control of your financial future and grow your wealth on the go.
4. Payment apps to help you securely make and receive payments
In today’s fast-paced world, payment apps have made managing money on the go a lot easier. Payment apps allow you to make payments and receive payments on the go, without the need for cash or cheques.
Popular payment apps like PayPal, Venmo, and Cash App allow you to send money to friends, family, or even businesses with just a few clicks. These apps are not only convenient, but they also offer a secure way of handling your money, with advanced encryption and fraud protection features.
Another popular payment app is Zelle, which is a peer-to-peer app that allows you to send money to anyone with a U.S. bank account. The app is linked directly to your bank account and is free to use, making it a popular choice for many people.
For businesses, payment apps like Square and Stripe allow you to accept payments using your mobile device. This is especially useful for small businesses or individuals who are always on the go, as it allows you to easily accept payments from customers without the need for a bulky point-of-sale system.
In conclusion, payment apps have revolutionized the way we manage our finances. With the convenience and security that they offer, payment apps are becoming increasingly popular, and it’s easy to see why.
5. Expense tracking apps to help you keep track of your spending
Keeping track of your expenses is crucial when it comes to managing your finances. With the help of expense tracking apps, you can easily monitor your spending and avoid overspending. These apps can give you a clear picture of where and how you are spending your money, allowing you to make better decisions when it comes to your finances.
There are several expense tracking apps available on the market today, each with its own unique features and benefits. Some of the popular ones include Mint, PocketGuard, Wally, and Expensify. These apps enable you to set up budgets, categorize your expenses, and also provide you with a range of financial reports that can help you to find areas where you can cut back on spending.
Mint, for instance, is an all-in-one expense tracking app that can help you manage your budget, track your bills, and also monitor your credit score. With its intuitive interface and user-friendly features, Mint can help you to stay on top of your finances and make informed decisions.
PocketGuard, on the other hand, is a budgeting app that can help you to manage your expenses, set up savings goals, and also track your bills. It also has a unique feature that shows you how much money you have left to spend after taking into account your bills and savings goals.
Wally is another expense tracking app that comes with a range of features, including automatic categorization of your expenses, budget tracking, and also bill reminders. It also enables you to scan your receipts and keep a digital record of your expenses.
Expensify is a great app for tracking business expenses. It allows you to scan receipts, track mileage, and also create expense reports that can be submitted for reimbursement.
Overall, expense tracking apps can be extremely helpful when it comes to managing your finances. With so many options available, it’s important to choose the one that best suits your needs and budget.
6. Banking apps to help you manage your bank accounts
Banking apps have revolutionized the way people manage their finances. With these apps, you can easily keep track of your bank balances, view transaction histories, and even transfer funds between accounts. One of the most popular banking apps is the mobile app offered by your bank.
Most banks now offer mobile apps that allow their customers to manage their accounts from anywhere in the world. These apps are secure and easy to use, and they make it simple to manage your finances on the go.
In addition, there are also third-party apps that can help you manage your bank accounts. Some of these apps offer features like budget tracking, bill payments, and even investment management. These apps are designed to work with multiple banks and can help you get a better overall view of your finances.
When choosing a banking app, it’s important to look for one that offers the features you need and is easy to use. Many of these apps are free to download, but some may require a subscription or charge fees for certain features. Overall, banking apps are a great way to stay on top of your finances and make managing your bank accounts a breeze.
7. Tax apps to help you file your taxes easily
Tax season can be stressful for everyone, but thankfully there are now apps available that can make the process a whole lot easier. These apps can help you track your income and expenses throughout the year, making it easier to file your taxes when the time comes.
One great app for this purpose is TurboTax. This app is designed to help you file your taxes quickly and easily, with a user-friendly interface that walks you through the entire process step-by-step. TurboTax also offers features like automatic import of tax forms, and a virtual assistant that can answer any questions you might have.
Another popular tax app is H&R Block Tax Prep and File. This app is great for those who want a little more guidance when it comes to filing their taxes. It offers a variety of different tax prep options, from the basic free version to more comprehensive paid options. H&R Block also offers in-person tax preparation services, which can be a great option if you need help with more complex tax situations.
Overall, using a tax app can be a great way to simplify the tax filing process and make sure you don’t miss any deductions or credits. With so many great options available, there’s sure to be an app that’s right for you.
8. Credit score apps to help you monitor and improve your credit score
Your credit score is a crucial aspect of your financial life. It is your financial report card, indicating your creditworthiness to lenders, banks, and financial institutions. A high credit score can help you get approved for loans, credit cards, and better interest rates. Therefore, it’s important to monitor and improve your credit score, and there are several apps that can help you do just that.
One popular credit score app is Credit Karma. It provides you with free access to your credit score, credit reports, and credit monitoring alerts. The app also offers personalized recommendations on credit cards and loans based on your credit score and financial behavior.
Another widely used credit score app is MyFico. It provides you with a FICO score, which is the most commonly used credit score by lenders. The app also offers credit monitoring and alerts, as well as credit education resources to help you improve your score.
Another noteworthy app is Credit Sesame. It offers free credit score monitoring, credit reports, and personalized recommendations on credit cards and loans. The app also provides you with real-time alerts on any changes to your credit score or reports.
In conclusion, credit score apps can be a great help in monitoring and improving your credit score. By using these apps, you can take control of your financial life and make informed decisions to achieve your financial goals.
9. Personal finance apps for small business owners and entrepreneurs
Small business owners and entrepreneurs need to stay on top of their finances to ensure the success of their business. Luckily, there are several personal finance apps available that can help simplify the process.
One such app is QuickBooks, which allows users to easily track income and expenses, create invoices and manage accounts payable and receivable. The app also offers a variety of reports to give users insight into their business’s financial health.
Another popular option is FreshBooks, which offers similar features to QuickBooks but with a simpler, more user-friendly interface. In addition to tracking income and expenses, FreshBooks can also handle time tracking and project management.
For those who need help managing their taxes, there’s the app Expensify. Expensify allows users to track expenses, capture receipts and even import credit card transactions. The app can also create expense reports and integrates with popular accounting software like QuickBooks and Xero.
Finally, there’s the app PocketGuard which helps users create a budget and keep track of their spending. The app syncs with bank and credit card accounts to give users a real-time view of their finances and offers suggestions for ways to save money.
No matter what your personal finance needs are as a small business owner or entrepreneur, there’s sure to be an app that can help simplify and streamline the process.