UPDATED: Tuesday, November 13, 2012 - 3:23pm
Finances have become one of the many aspects of life that can be managed via smartphone app. There are apps that help us with our health, tasks, business and dating lives--so it only seems fit. And the more popular smartphones like iPhone and Android become, the more apps are available to help us track the money (or lack thereof) in our pockets. These five apps are a few of the resources available to help you pave the way toward better money management, search for a loan online like CashNetUSA, or find a path to debt elimination.
Ace Budget 2
One of the most difficult aspects of personal finance is making a budget. Ace Budget 2 helps making a budget simple, helping you better stick to your financial goals. Knowing where your money is going is half the battle. With this app, you can create multiple budgets for periods of time ranging from one week to a year. You can schedule transactions, payment reminders, and compare spending and bill history. The more you use this app, the more you'll be able to see spending habits and patterns that need to be altered to achieve your financial management goals.
Mint is the most popular finance app for iPhone and Android. It's also one of the best apps that is free to download. This app organizes all your transactions by category, helps you set a budget and savings goals, then paves the way toward achieving them. With the ability to manage all your finances with this app and on the app website Mint.com, little room is left for disorganization and confusion.
If you know what it feels like to watch your finances tumble out of control, you'll enjoy experiencing this situation in reverse with Debt Snowball. For $1.49, this low-cost app removes the discouragement of mounting debt by helping you experience payment progress. All of your accounts will be organized and you'll be able to see how you can eliminate debt, starting with the smallest balance first. Measurable progress in debt repayment relieves a great deal of stress and empowers you to better manage your money.
Sometimes it helps to be able to see how a debt repayment program will work for you. DebtTracker Pro allows you to enter debt information as related to bills, mortgage, and credit cards. Use this app to track your payments, balances and figure out how long is needed for you to pay off your debt. DebtTracker Pro even gives you different options for accomplishing that so you can decide which will work best for you.
Although the cost is high, costing $12.99, if you're a visual person, the charts and graphics used by Pageonce will help you get a grasp on your money situation in a way other apps can't. Use this app to organize and track income and expenses.