Money Management Apps
By having a balanced budget will help to keep your finances in check, but if you have a money management system that is far from streamlined then you can use money management apps. These will help you to understand your finances better.
This is a free app that can be downloaded on iOS, Windows and Android. With this app you will get all the tools that you need to manage your earnings, savings, spending and budgeting. It does this by syncing up to your account and funds.
Each of the sections will organize everything so that you have a better view of your finances. The Updates section will include all of your transaction and also how your accounts are being used. In the Overview section you will get the totals of your accounts, your credit score, and your monthly budget, alerts when you are over budget and your spending is also broken down in categories.
This is a free app that can be downloaded on iOS and Android devices. This is a good app for those that want to create a budget that is based on cash flow.
The envelopes system is like that of putting money away in envelopes that are allocated to certain areas.
The envelopes section can then be used to divide up your monthly budget and understand your spending habits. Items that are recurring can be placed in a time frame.
This is a great app for people that have their pay at different schedules like freelancers.
This is a free app that can be downloaded on Android and iOS devices. The app will begin with questions about your financial goals to help you plan your money in the long run. Your bank accounts will be first synced and there is a lot of security and confirmations.
Once you are synced with Mvelopes you will have an envelope system that will ask you to define an income and to create budget. You are then able to think realistically about your accounts and your income really looks and also what a realistic budget will look like.
Once your accounts are loaded, you will define your income and create a budget that separates your spending from your bank accounts. You will then be spending on budget instead of what is in your account.