Awesome Finance Apps You Can Make Use of Right Now
The world of finance can be confusing and frustrating to navigate, especially if you’re not familiar with all the terminology and concepts. Luckily, there are several great apps out there that can make the process a lot easier for you. In this post, we will take a look at six amazing finance apps that you should check out right now. Each app has its unique features and benefits, so read on to find out which one is right for you.
Money Lion
Money Lion is a great app for anyone who wants to take control of their finances but doesn’t want to deal with the hassle of budgeting. The app offers two main features: automatic savings and a credit builder.
The automatic savings feature works by connecting to your bank account and transferring small amounts of money into a savings account every day. On the other hand, the credit builder feature helps you improve your credit score by giving you access to a line of credit that you can use and pay back over time. As seen at https://www.moneylion.com/credit-builder-app/, with this feature you can also get a free credit score and report, as well as personalized tips on how to improve your credit. This can be helpful if you’re working on getting a loan or a credit card with better terms.
Mint
Mint is one of the most popular personal finance apps on the market, and for good reason. It’s easy to use, it syncs with your bank accounts and credit cards, and it offers a ton of features that can help you manage your money better.
One of Mint’s best features is its budgeting tool. You can create budgets for all sorts of things, from groceries to rent to entertainment. The app will then track your spending and let you know when you’re close to going over budget in any category. This can help keep your finances on track. Mint also lets you see your entire financial picture in one place including bank account balances, recent transactions, upcoming bills, and more. This makes it easy to stay on top of your finances and quickly spot any potential problems.
Every Dollar
Every Dollar is another great budgeting app that can help you stay on top of your finances. Like Mint, it lets you connect your bank accounts and credit cards so you can see all of your financial information in one place.
One of the things that set Every Dollar apart from other budgeting apps is its focus on helping you create a zero-based budget. This means that every dollar you earn is allocated to a specific purpose, whether it’s savings, bills, or groceries, making sure that you’re always aware of where your money is going and preventing overspending. Every Dollar also has a handy feature called the Debt Snowball, that lets you see a realistic plan for paying off your debt, based on the amounts you owe and the interest rates you’re being charged. This can be a great motivator to stay on track with your debt repayment goals.
You Need a Budget (YNAB)
You Need a Budget, or YNAB for short is another excellent budgeting app that can help you take control of your finances. It’s based on the popular book by the same name, and it follows the same principles of helping you create a zero-based budget.
Everyone who signs up for YNAB gets access to a free 34-day trial, and after that, it’s just $5 per month. This makes it one of the more affordable budgeting options out there. YNAB also offers some unique features that can help you stay on top of your budget. For example, the app can send you alerts when you’re close to overspending in a particular category. It also offers detailed reports that show you where every dollar of your income is being spent.
While there are many different budgeting apps out there, these six are some of the best. They each offer something unique that can help you take control of your finances and improve your financial situation. So if you’re looking for a way to better manage your money, be sure to check out one of these apps. You will be amazed at how much they can help!
