![]() ![]() You use smartphone apps for everything from dating to tracking pregnancy, so why not use an app to help manage your finances? We’ve rounded up the best personal finance apps to help you feel more confident in your finances, save money, and know exactly where each dollar is going. Other apps make it easy to get cash when you’re in a pinch and payday isn’t here just yet, while a few of these can help you keep track of your billing cycle so you don’t get hit with those late fees. These budgeting apps make it easy to do everything from tracking your expenses to budgeting to putting money into savings. One way you can stop stressing out and feel more in control of your money is downloading a personal finance app. After all, trying to keep track of all the money you have coming in, going through the seemingly endless pile of bills, building savings, establishing an emergency fund, paying down debt - it’s all a lot to keep track of. A 2018 survey by Northwestern Mutual found that money was the dominant source of stress for 44% of Americans.Īnd it’s no wonder people are stressed about their personal finances. ![]() If you’re stressed out about money, you’re definitely not alone. Paying attention to your finances is obviously important, but sometimes it can feel overwhelming. To see our full methodology, check out our full budgeting app ranking. We also took into consideration each app’s design, intuitiveness and ease of use. Those features included: automated suggested budgets, auto-categorization of transactions, the ability to connect with various accounts, price and more. ![]() While using each app, we noted whether it offered various features and, if it did, how good those features were. To pick the Best Budgeting Apps, we selected and downloaded 18 apps based on customer reviews and our own discussion with five financial planners. Your savings progress isn’t prominently featured within Mint, nor are you alerted if you’re falling short of the savings goals you set for yourself. The concept of long-term savings doesn’t get the attention in Mint that it does in other apps, like Monarch, which we named the Best App for Growing Your Savings. For example, after syncing with your credit card, you can create rules that will automatically sort transactions as they occur, but to input upcoming or recurring bills, you’ll need to sync with an external calendar. Mint is great for analyzing your past spending history, but it doesn’t excel at hands-on, forward-looking budgeting. It also allows you to compare your spending to average Mint users within your location and income bracket. Be prepared to do a lot of ad-watching with any free budgeting app. This way, you’ll have an early warning on where you need to cut back to stay under budget for the rest of the month. While the Mint app is free to use, there are in-app ads. The premium version also offers spending projections for the rest of the month based on your past behaviors. The whole process took just a few clicks. Forty percent of these savings go to Billshark, but that still amounts to $86 more in my pocket at the end of the year. Two days later, I found out that my new rate was $144 lower. I tested this feature out with a $262 annual satellite radio bill. Plus, it could end up paying for itself and then some: Through a partnership with Billshark, the app negotiates subscription costs on your behalf. It’s not hard to see why.Īt $34.99 for the year, Mint’s premium version costs less than that of most other budgeting apps. It owns a 4.8 out of 5 rating in the App Store, one of the highest of any budgeting app, with more than 757,00 reviews. Mint’s well-designed interface is reflected in reviews. At the end of each month, you’ll see an easily digestible, Instagram-style story featuring insights into your spending breakdown. You’ll get in-app notifications-and, if you’d like, push notifications-warning if you’re spending an unusually high amount in a certain category compared with previous months. The home screen offers you a glance at your overall financial health, including your net worth and credit score. The app features a clean design and is easy to navigate. Mint’s prosĬreating your budget is as easy as starting with Mint’s suggestions and tweaking accordingly. ![]() You can also decide how much you want to put aside in long-term savings each month. Mint crunches your past spending habits and available monthly cash to suggest a budget for each spending category, from gas to groceries to restaurants. You’ll have the option to add each account to the app. Once you sign up and enter your personal information, Mint uses your credit history to identify your various financial accounts including credit cards, savings, checking, loans, investments, property, and taxes. ![]()
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