Best Budget Tracking Apps
Managing your financial affairs can sometimes be stressful and time-consuming. Budget tracking apps are tools that aid in financial management. Here are five useful apps to help you track your income spending:
*Pocketguard
This is a free IOS and android app that shows your account balance and how much you can afford to spend in a day. This app factors your previous spending to provide an estimate of your future expense. The app is connected to your bank through an encrypted system allowing you to check the status of your accounts securely. You cannot add cash transactions in this app and also does not include financial goals.
*Wally
This is a free budgeting app that helps keep your personal and professional expenses in an organized manner. This app offers the advantage of allowing you to take photos of your receipts instead of manually filling the numbers. Unfortunately, you have to pay for some features that provide further flexibility.
*Mint
Despite being the oldest apps in money management, mint still leads the way in making your expenses a little less intimidating. This app displays your regular spending habits in charts and bars, making it very attractive and straightforward to use. The app also allows you to make actual payments on top of reminding you of when to pay your bills. The app has the disadvantage of too many ads when browsing through your finances.
*Monefy
Monefy is one of the most pleasing, elegant and easy to use budgeting app. On its main screen, the app displays your expenses in a color-coded chart. The amount to go for each expense is also included. The app has a screen widget that allows you to jump to specific areas of your expenses. Savings and income information must be filled manually for this app.
*Clarity Money
This is another app that will enable you to link your financial accounts and organize your expenses into different categories. The app also offers the feature of credit score monitoring and subscription canceling. If you are a person with variable income and expenses, clarity money is not for you as it does not give correct estimates.
Comparatively speaking, money has become scarcer than it used to be. Having a budget, managing your money and making a sound financial decision is very crucial. If you want to digitize your financial management, consider the above apps.
