Do you know only one of the three Americans keeps a “budget”.
53 percent of respondents indicate that they could cover a hypothetical emergency expense costing $400 without selling something or borrowing money.
Spending less than we earn is the most important personal finance goal for all. It helps up get out of debt and saving for rainy days. Keeping a balanced budget can help you to stay on track and provide you with a real peace of mind. But, we all know the fact that, keeping a budget has never really been an easy task. Even, if you are an expert in handling money well, you would probably find some difficulties in keeping the track of your expenditure.
Fortunately the tech industry has given us some of the best apps to keep tabs on our in- and outflows. These amazing finance apps can transform your mobile phones to a device that can help and advice you on manage your money.
Here goes the list of best personal finance apps for budgeting….
PocketGuard Budget App:-
PocketGuard is free and has the capacity of connecting you directly with your bank account. This finance app can help you to manage every single detail of your recent transactions. The app automatically sorts your purchases, subscriptions, and bill payments for providing you with an estimate on how much you can actually spend, depending upon your income.
On the home screen, there is a number which shows that, how much money do you have in hand and how much you have spent lately. This app actually works as an analyzer for identifying the level of expenditure you can afford.
Mint is not only a free app for helping you to keep a track of your budget but, it is one of the best budgeting apps for the android users. This app is there to help you to get all the details of your income and expenses. Mint proffers you with a perfect blend of functionality and visual interface.
Mint shows your cash flow in real time, including deposits, expenses, credit card debts, and other investments. Each section of this app has been made for giving you the big picture of your financial condition. In spite of analyzing your budget, Mint can also analyze your spending habit for pointing you the ways where you can save some money.
Wally has been designed for bringing all your financial information within your reach, so you can have an easy control over your finances. Users can set a savings target, spending budget and income for having a quick glance on the main screen. This app provides you with an opportunity of allowing you to record the amount which you have spent. Along with where and on which you have spent your money.
This is an absolutely free app which is available on both the Android and ios platforms. The more you use Wally, the smarter it becomes by adapting to your preferences and offering personalized insights into your finances.
You Need a Budget (YNAB):-
You Need a Budget, also known as YNAB is one of the most popular Budget Apps, which is well known for keeping a track of all your expenditures. Although this is a paid app, the popularity of this app has never suffered a bit. You can add transactions on the go and see all of your budgets and their current health at a glance, YNAB’s real power is with the desktop app.
So, there is a need for you to install the app on your desktop for getting a smoother experience on your phone.
Spendee is an app which is very popular and efficient, when it comes to managing your money. This app is well known for providing a unique data analysis and tracking system. With the help of its cool interface and design, you would definitely love to use this app. Although, this is not a budgeting app in the traditional sense but, it does help you figure out how you are spending your money.
If you really want to get started with it, this app is helpful enough for helping you to keep a track of your expenditures along with your credit and debit purchases with just a few swipes.
In reality, there are two folded purpose of this app. One is to make sure you completely understand all your habits of expenditure, along with protecting you from the unauthorized transactions. This app syncs your bank accounts first, and then quickly brings up your total balance and the amount you have spent in this month. Your inbox will show you the details of your all recent transactions. If you did not make any kind of transaction then you can swipe left on your skin for getting the further details.
As you can see, there are a number of choices available in front of you, when it comes to pick a budget app for managing your expenditure. These are a few great apps for the android users to suffice their budgeting needs. With the help of these budget apps, it would be easier for you to keep all the tracks of your bank account, stocks, income and expenses.