Managing one’s personal finances isn’t always the easiest thing to do. This usually involves poring through a lot of papers, tracking your monthly inflow and outflow, and balancing these figures with your regular expenses.
In doing so, you can create the most realistic budget possible. But, back then, you had to do all these tasks with pen and paper. Thankfully, digital technology has made almost everything automated and efficient. You can now remove the difficulty of such tasks by using handy applications.
True enough, technology is here to save the day with a host of personal finance apps to choose from. Each has its respective features all aimed towards making money management easier and more efficient.
Even the most basic ones can connect with your online banking accounts, so you can see where your money is going every time you make a transaction.
Here are some of them that you should definitely try:
1. Instant Payday Loans Online
Instant Payday Loans Online, a popular and reputable loan app, was developed by Payday Payroll Ltd. By its name alone, you can probably tell what this is all about. It gives those in dire need of extra funding a chance to obtain instant loans online in just a few steps.
While applying for a loan is certainly a hard financial move anyone can make, there’s also no denying how useful it can be when you need something in a pinch, like when there’s a medical emergency, when you need to repair something critical in your house, or when your pantry’s running low and you can’t wait for payday to come.
This app also comes with great features such as:
- 24/7 availability
- Fast loan request processing
- No paperwork
- Easy application forms
- Same-day credit decisions
Note that this app isn’t a direct lender but one that’ll connect you with reputable lending companies. The loan repayment period will vary depending on the amount and the terms and conditions of the lending company you’re forwarded to.
2. Moneydance
Moneydance is another app you should try due to how effortless it makes managing multiple currencies and financial tasks. This is great for individuals who love to travel or have family overseas, wherein international money transfers and transactions are almost always regular.
Moneydance also comes with specialized features for:
- Investment tracking
- Online banking and bills payment
- Budgeting
- Account management
With these features, Moneydance users can expect valuable information posted in real time about finance-related matters like due dates, account balances, and even the current exchange rate. It’s definitely a must for people who need to work with different currencies.
3. Mint
Most money-savvy individuals won’t like paying a subscription fee to avail of apps. If you’re one of them, you’ll be glad to hear that Mint is free.
It’s a top-rated app because of its unquestionable security features like scanning, touch ID mobile access, and two-factor authentication. It also allows its users to categorize their expenses according to the app’s set groupings and modify them according to their preferred grouping.
Like the two previous personal finance apps, Mint has its own set of features that make it stand out. These include:
- Giving users access to blogs and education tools, like a repayment calculator
- Allowing users to personalize their savings goals while also tracking investments
- Customizing alerts for spending above the budget in large transactions and ATM fees
While it’s highly rated, Mint has its fair share of drawbacks. Some of its users complain of regular glitches in the app, along with other problems like expenses being assigned to the wrong categories.
4. Digit
If you’re looking for an app that sends messages for notifications, Digit is the right choice for you. It’s a bot that monitors your bank account for you. It’s connected to an app that sends you regular notifications on matters like transactions made on your account and decisions you need to consider.
This can come in handy when you’ve been getting instant loans and want to make sure your finances are airtight. These SMS notifications are a valuable feature, especially when hacking online banking accounts is quite prevalent nowadays.
You won’t have to be blindsided whenever you check your account only to find out your balance has dropped. With SMS notifications, you can call your bank ASAP about any transaction you didn’t make so that action can be taken right away.
Final Thoughts
The list above may not be exhaustive, but it can get you started on which apps to use to make budgeting, tracking your finances, and getting instant loans easier for you. The best apps will always be the ones that meet your needs and preferences. Don’t forget to check the reviews to see if the app you’re planning to download delivers what it promises.
