When our lives are already occupied with so many daily stressors, proper money management can get a little tricky. That’s why personal finance apps can be a helpful tool when it comes to managing and budgeting your money. By connecting your bank account, personal finance apps categorize areas of expenditures, track bill payments, and help manage your credit score and investment portfolio.
The best budgeting apps assist you in visualizing your spending habits to create a budget that improves your overall financial comfort. There are different types of financial apps that can better cater to your personal needs. Here are five free financial apps that can help you in 2022:
- Klover offers you a cash advance with zero interest rates and fees. By linking your bank account and verifying your paycheck, Klover immediately provides you with access to a free cash advance in exchange for your unique data. Unlike traditional cash advances, Klover helps you stick to your budget while offering you a little financial support.
- Mint, Intuit’s personal finances app, provides you a complete financial picture in one place. By connecting your credit and debit cards to the app, Mint pulls your transactions, categorizes them, and shows you how you’re spending your money. The site allows you to stay on top of your credit health by providing access to your credit score and breaking down the factors contributing to your score.
- If you’re a visual learner, Mobills may be the budgeting app for you. Mobills organizes your expenses in categories so you can track your spending and see the amount you have remaining to spend in each budget category. The best part, this app includes interactive charts that allow you to analyze your financial life. You can use them to make adjustments as you need to reach your larger financial goals.
- Spendee allows you to create shared wallets with friends and family that you can use to manage shared expenses for a household budget. The bill tracker functionality ensures you remember to pay each of your bills and avoid roomie complaints. If you’re going on a trip with your friends, you can create a category specifically for that event to manage shared expenses and keep yourself on budget.
- The EveryDollar app uses the zero-based budget method, the system that gives every dollar a purpose in the budget. By connecting your bank account, The built-in monthly expense tracker shows you the amount you’ve spent so far and the amount you have left to spend for the month. The best part about this app is that you can connect with money management experts who can help you with your financial planning.
A personal finance app can make it easy to keep track of your finances on the go. As we enter the new year, let’s start off strong with good financial habits and a healthy budget.