It’s a new week and the one thing that remains a constant is the fear of your financial status. You are constantly scared of not spending more than your budget and using your credit card maybe too many times. Well it’s a new week and you’ve decided to stop making wrong financial decisions by creating a new plan.
What’s your new plan? You want to spend less and save more. And like most other things, it’s easier said than done.
Now you have decided to go to technology for help but you are finding it difficult to find quality money management apps that would get the job done.
Well you are in luck. I have curated the best money management apps that you can find on the internet. All you have to select your choice and be on your way to become a financial rockstar.
1. Personal Capital
Personal Capital is the app that let’s you take control of your financial life. Majority of us don’t even know what our net-worths are, personal capital helps you in calculating it.
Main features of the money management apps
- It allows you to have all your accounts in one place. With their dashboard, you would be able to have a real time view of your financial accounts and also manage them.
- They have a retirement planner. You can build, plan and forecast your retirement future.
- Help you to make right investment decisions. They compare your portfolio allocation with you target allocation to see how well your investments are going.
- They also offer a financial analyzer for portfolio to help improve your funds.
Available in both iOS and Android devices.
2. Mint
Mint is a free online budget tracker and planner. They assist you in effortlessly managing all your finances in one place.
Some of the features of Mint
- Assists you in creating budgets and also offer advice on your spending habits.
- They track your bills and give you an alert whenever you miss payment on one.
- Help you check your credit status/score and also offer you free advice on how to improve it.
- The app is personalized for each individual with custom tips and management.
- They care so much about the security of your data. All your data is encrypted with a 256-bit encryption level and the data exchanged with Mint is encrypted with 128-bit SSL.
Available for both iOS and Android devices.
Read more: Tips to Save Money Even If You Are An Impulsive Spender
3. YNAB
You need a budget is a financial software app with four simple rules to help you take control of your financial situation and get out of debt.
Rule 1: Give every dollar a job – They help you to get intentional about what you want to use your money to do before you spend it.
Rule 2: Embrace your true expenses – It is important than you realize that some of your expenses needs to be used for some big project down the road.
Rule 3: Roll with the punches – What it means is that when you need to something about your budget, just do it. No halftime adjustments, you go all in.
Rule 4: Age with your money – Work towards spending money today you have earned a month ago. It would improve your life as you won’t need to wait for paychecks to pay your bills.
An amazing part is that YNAB comes with a community. You can go to their forums for support and advice. This makes YNAB of the best money management apps out there.
Available for both iOS and Android devices.
4. Wealthfront
A lot of people are scared of making investments and that is where Wealthfront comes in. They are the best solution for hand-off investors.
Some features of Wealthfront
- They assist you with making passive investments on autopilot.
- Investment is done at a low fee with only 0.25% annual advisory free on what you invest. No trading commissions involved.
- Variety of investment account options including IRA, Roth IRA, and more
- They offer you a portfolio with more than seven classes.
- They offer investment guidance and is available for both iOS and android devices.
Read more: 13 Innovative Ways to Stick Your Family Budget
5. Clarity Money
According to their motto, they describe themselves as the “Champions of money”. They help you take total control of your finances.
Some features of Clarity Money
- They display your entire financial picture all in one place.
- Easy cancellation of any unwanted subscriptions.
- You can easily synchronize your bank account and transfer funds between them fast.
- The track your monthly expenses. Organizes your recurring bills and help you plan ahead.
Available for both iOS and Android devices.
6. Acorns
Acorns offers you the chance to build up confidence in investing without spending a lot of money. Their motto is “invest your spare change”. With as little as $5 you can start making investments with one of the best money management apps.
Some features of Acorns
- You can invest automatically. Round-Ups and Recurring Investments are made with the spare change you set aside.
- They make it very easy to safe for retirement with their amazing IRA, acorn later.
- Their experts constructs a diversified portfolio on your behalf.
- Their pricing is simple. With just $1, $2, $3, you can run an Acorn account and they are no surprise charges.
- All of your data is protected with 256-bit encryption and never stored on your phone, tablet or computer.
Available for both iOS and Android devices.
Read more: How Do You Measure Success In Business and Life? 10 Key Points to Note
7. Albert
Albert is a financial service that use powerful technology to help manage your finances. Their expert team does all the work for you – they build a unique financial plan for you based on your income, spending habits and goals.
Some features of Albert
- Over payment protection. Albert notifies you on when you are paying excess on bills, trials and help you to cut your cost.
- Automatic saving. Albert accesses your income and helps you to automatically are some aside for savings.
- Smart investment. They turbo charge your savings and help you to invest in things that aligns with your goals.
- A spending alert that monitors your transactions, fees and subscriptions to keep your finances in check.
Even though offers users a paid option, most of its core services are free.
It is available in both iOS and Android devices.
8. Prism
Prism offers you the chance to never forget to pay a bill ever again. They automatically track the bills you have to pay and remind when it’s due for payment.
Some features of the Prism money app
- You are able to see your income, account balances, and monthly expenses at a glance.
- You no longer need to log into several websites to check your due dates or to pay your bills.
- They automatically track your bills and put the most important information into a calendar or a list.
- The bills are so easy to pay and would take you only seconds. You can also schedule them to be paid automatically according to the system that best suits you.
It is available for both iOS, Android, Windows and Amazon.
9. Mvelopes
Mvelopes is a little bit different from the other money management apps on this list. They make use of the envelope budgeting system. They help you reduce financial stress while saving up to 10 percent on your income. You can easily create your budget and track your goals.
Some features of Mvelopes
- You can connect an unlimited number of bank accounts
- Your budgeting is done in real time with your transactions on auto-sync
- Their service fee is low. With $4 monthly and $40 annually.
Mvelopes can help you come out of debt and save more and with its low service fees, you should definitely try it.
Available for both iOS and Android devices.
10. Wallaby
Walla.by is a maximize cash back, miles, points and shopping discounts on your rewards credit cards. All you have to do is enter each of your credit cards into your wallaby wallet
Some features of Wallaby
- They give you recommendations on the best credit cards to use for each transaction.
- Their service is free to use
- Their user face is friendly and responsive showing your credit cards with their corresponding images.
Using the same credit card for all your transactions might cause you to lose some money, Wallaby helps you to save instead.
It is available for both iOS and Android devices.
Now you have a list of the best money management apps that are reliable and would help you on your journey to building better money habits. The question now is – what are you waiting for?