Five apps to manage personal finances

December 21, 2022 09:07 AM GMT | By Mahendra Bajiya (Guest)
 Five apps to manage personal finances
Image source: © Marta1995k | Megapixl.com

Managing your personal finances is incredibly important in order to keep up with possible price rises, increasing expenses, and other unexpected occurrences. Knowing that the market size for budgeting apps is around $200 million, managing your finances can indeed be helpful. It does not have to be overly complicated, too, as there are various options available to make your life easier. Five apps have been listed below that can help you in managing your personal finances.

Mint
The Mint app is a financial management tool that helps you keep track of your spending and make better financial decisions. The app is free to use and is available for both iOS as well as Android devices. It allows you to connect your financial accounts at one place, so you can see your transactions at one place. On this app, you can create budgets too and set alerts for an easy check on your spending.

The Mint app has a large user base of over 25 million users, which proves that this app can really help you with your finances. After all, its popularity cannot be this large if it does not perform correctly or does not deliver on its promises.

You Need A Budget

You Need A Budget (YNAB) is a budgeting app that helps you manage your spending and save money. It hosts a range of features to help users get their finances in order.

For example, it has a budgeting planner that helps you to plan your budget efficiently and track your spending, making sure you are on track with your goals. It also has a transactions log for each card connected so that you can conveniently check where your money is going, giving you better insight into which expenses can be lowered.

Finally, it allows you to create reports to check on the overall health of your finances throughout the years. Needless to say, you will need to use the app for a bit in order to use this feature.

Pocketguard

Pocketguard is a great app for anyone looking to better manage their budget. In addition to tracking your income and expenses, Pocketguard provides helpful tools for creating budgets and staying within your budget. 

With its easy-to-use interface, Pocketguard makes it simple to keep track of your spending history and plan for future expenses. Plus, if you ever come close to exceeding your budget, Pocketguard will send you a notification so that you can take appropriate action. 

Whether you are just starting out with budgeting or you have been doing it for years, Pocketguard is a great tool for anyone looking to improve their financial situation.

Goodbudget

Goodbudget is a great app for anyone looking to get their finances in order. It's easy to use and gives you a way to stay pocket-friendly. 

You can create different budgets for different areas of your life, like groceries, entertainment, and bills, and then track your spending over time to see how well you're doing. Goodbudget can also help you save money by showing you where you might be able to cut back.

One of the best things about Goodbudget is that it's free! You can use it on your computer or phone, and there are no subscription fees. The app also allows you to share your budget with others, making it ideal for couples or families who want to manage their finances together.

Honeygain

Honeygain application is different from the other ones on this list as it is not created for planning your budget but to increase it completely passively.

It is easy to use as you do not have to do anything actively besides creating an account and installing the application. As the application is running in the background of your devices, it shares your internet bandwidth with the Honeygain network, and, in return, it gives you a monetary reward.

This app will certainly not make you rich, but it might generate enough income to give a push to your personal finance goals or to at least cover some smaller expenses, such as various subscriptions or other spare-change-worthy things.

With these multiple apps catered to different tastes, you are sure to manage your finances more efficiently and reach the goals that you may have.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Limited, Company No. 12643132 (Kalkine Media, we or us) and is available for personal and non-commercial use only. Kalkine Media is an appointed representative of Kalkine Limited, who is authorized and regulated by the FCA (FRN: 579414). The non-personalised advice given by Kalkine Media through its Content does not in any way endorse or recommend individuals, investment products or services suitable for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a qualified financial planner and/or adviser. No liability is accepted by Kalkine Media or Kalkine Limited and/or any of its employees/officers, for any investment loss, or any other loss or detriment experienced by you for any investment decision, whether consequent to, or in any way related to this Content, the provision of which is a regulated activity. Kalkine Media does not intend to exclude any liability which is not permitted to be excluded under applicable law or regulation. Some of the Content on this website may be sponsored/non-sponsored, as applicable. However, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music/video that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music or video used in the Content unless stated otherwise. The images/music/video that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.


AI on the Rise: A Look at Top AI Companies and Their Stocks

Send OTP Resend OTP in 30s
Verify OTP

Sponsored Articles


Investing Ideas

Previous Next