You might have a habit of spending money faster than New Year comes around. Just don’t feel bad, for you’re not the only one. The following apps can help your finances, along with millions of others who’re now benefiting.
Personal Capital is a unique financial management app for 2020. The reason has to do with the financial package that it offers as a completely free download. That’s right; over two million people are using this app without a fee. Its core objective is threefold. It plans, manages, and provides oversight of your personal capital. Your end goal should be retiring through the app’s help.
Though initially launched in 2006, Mint continues to improve its services and lead common people, you know, like you and I, into better finances. The system uses two core features to make our finances “happier.” The application starts off by determining your budget—daily, monthly, and yearly expenses. Mint then localizes this data in order for us to access it at will, which keeps our money on track.
Like the savvy squirrel that we see so active in the summer, the Acorns app puts your money away for a later date. The specific process is deductive savings. If you spend, let’s say, five dollars at a store and have 75 cents left over, that extra change is deducted into an investment account. This automation occurs at the end of each day, week, or month. You decide on the frequency and how much.
Financial control is the key benefit of the development of Wally. Putting a budget together, in general, is not that difficult. The boosts that Wally gives you are deliverables that you have to meet. Instead of randomly organizing your finances, this app tracks your spending by laying your habits out throughout days, weeks, and months. Making decisions becomes much easier with such control.
The next time that you need a better hold on your money, don’t try to do it alone. Finance is more complicated than society has led many to believe. Short cut the work and organize effectively with the help of financial apps.
About The Author
Yuri Vanetik is an Entrepreneur, Private Investor, Coalition Builder, and Philanthropist in Orange County, California. He is the Managing Partner of Vanetik International, LLC, a management consulting firm which offers advisory services and strategic planning to businesses and industries. He is also the Managing Partner of Dominion Asset Management, a technology-driven opportunity real estate fund that invests in undervalued real estate throughout the United States. Yuri Vanetik brings over 20 years of professional experience in a variety of roles, and has been featured in notable publications, including the Wall Street Journal, California Business Journal, Forbes, and Bloomberg Law.