There are a bunch of apps for that! Here are a couple of top-rated aps for managing your money, paying your bills, and saving for your goals – oh, and they’re FREE:
Bills, budget and other basics
Mint – This is currently the highest-ranked personal financial management smartphone app. Grouping all aspects of your financial life in one place, the app lets you track your spending, budget, upcoming bills, debt management and even investment with accompanied graphics. Security-wise, you need to log in to use the app every time, and your information is immediately deleted once you exit. Available to iPhone, iPad and Android.
Pageonce(basic version) – an alternative to Mint with similar features, this app further lets you track phone minutes and frequent flyer miles. Available to iPhone, iPad and Android.
Managing your saving goals
SmartyPig – Link the app to your bank account, and have money transfer automatically every month to different virtual “piggy banks” you have set up. When a piggy fund is filled up for a certain goal, you can transfer the amount back to your bank account or redeem for a gift card with retailers like Amazon. Available to iPhone, iPad and Android.
What’s the down side to these aps? Depending on your perspective, maybe nothing.
Some may say that they don’t like having to link their bank accounts, feeling that it makes them vulnerable. If you are comfortable with online banking and aps, still use general precautions when accessing the program. It is generally recommended that you log in when you are on a secure Wi-fi network and that you protect your password, etc.
Have you used any of the above, or other financial management apps? Do you think they are useful?