Everyone can afford to dedicate more time to organizing their finances. However, it can be difficult to do on your own.
Just like how there is a variety of great options when selecting a credit card, the same can be said of personal finance apps. These apps help users save money, spend responsibly and manage their investments. Whether you simply need help creating a sustainable budget or managing your bills, there’s an app for that.
But not every app is worth a download. Many of them are clunky, confusing and unreliable. If you need help deciding which personal finance apps are worth checking out, consider downloading one of these five incredible apps.
Mint may very well be the most recognizable personal finance app on the market and for good reason.
It’s free, easy to use and gives you a complete picture of your financial well-being at any given time.
Brought to us by Intuit, the company responsible for TurboTax and QuickBooks, Mint helps users track spending habits, create a budget, view their credit score and more.
You can link all of your bank accounts, credit card accounts and monthly bills. The app will notify you when bills are due, when you are approaching your spending limits and when your credit score has been updated. On top of that, after analyzing your spending, Mint will give you free financial advice to help you stay on top of your finances.
For these reasons, Mint has long been considered the gold standard for personal finance apps.
You Need a Budget (YNAB) has developed a very loyal following due to its ability to help users plan and manage an effective budget. Unlike many of the other apps on this list, YNAB is not free. After its 34-day trial period, it costs $84/year.
YNAB revolves around the idea that every dollar you make should have a purpose. Whether it be bill payment, debt management, living expenses or saving, YNAB encourages users to make a plan for any money that they earn.
YNAB is much more hands-on than other apps, as it wants users to actively manage their budget. You can still track your spending by linking accounts, but you have to manually categorize every transaction.
The app even includes access to live lessons with instructors to help users learn new savings and budgeting techniques.
You Need a Budget boasts that new users save an average of over $6,000 in their first year—making it a great option for people who need to get their finances in order.
Prism helps users pay and manage their bills from one location.
You can link your financial accounts and your bills for easy tracking. Prism automatically tracks balances and due dates from more than 11,000 billers across the United States. This includes everything from big banks to small utility companies that you may not be able to find on other apps.
Thanks to this wide selection, Prism is one of the best apps available for bill management. You simply link your accounts and wait for the app to notify you when payments are due. You can then pay your bills directly from the app itself.
Prism makes it easy to make payments on time without having to utilize multiple apps.
PocketGuard is one of the best budgeting apps available for users in need of simplicity.
If you want an app that simply lets you know how much money you have left to spend after your required expenses and savings contributions, then PocketGuard is the perfect fit for you.
You can link your accounts and enter savings goals. PocketGuard will crunch the numbers and tell you how much is left on a daily, weekly and monthly basis.
If you do want a more detailed budget, you can still track categories like grocery shopping and dining out.
This app is a great option for users who would prefer a hands-off approach to budgeting.
Personal Capital is an investment and wealth management app with a variety of useful and unique features.
Aside from your spending accounts, Personal Capital helps manage your assets and investments.
Users can track by account, security and asset class. Using a combination of artificial intelligence and human financial advisors, the app helps you identify opportunities for portfolio diversification and allocation. It can also help you find hidden fees that you may not be aware of.
The app itself is free to use; however, you do have to pay a fee if you invest with the company.
Personal Capital is a great app for users whose needs extend beyond budgeting to managing and optimizing their investments.
Thanks to these five amazing apps, organizing your finances has never been easier. Whatever your needs are, these apps will help you budget, save and manage your money more effectively.