You don’t need to be an investment banker or a hedge fund
manager to be focused on your spending and saving. Everyone should be lucidly
aware of their income, expenditure, liabilities and savings. From having
stringent budgets to planning ahead and making sure that there is enough money
for the future, making smart investments and averting risks, tracking daily
expenses to finding better deals which can save you money, there is a horde of
different things you would have to do to manage your money. Fortunately, you
don’t need any expensive software or a unique algorithm to manage your money.
All you need is one of the best apps.
and Venmo are great apps to send and
receive payments. Venmo is only available in the United States. Lydia is an
ideal alternative in Europe. Both these apps allow you to share money among
your friends, family and relatives without paying any fees. Lydia allows you to
use your credit and debit card for payments beyond your social circle. The
luxury to make and receive payments from near and dear ones or just people you
know without being charged a fee and getting them immediately credited or
debited is certainly something you want to consider if you wish to manage your
is a free app available on Android, iOS and Windows. It is actually one of the
most popular apps in the world. The app allows you to sync your bank accounts,
any financial account you may have, such as mutual funds or any portfolio, you
can merge all incomes and spending, savings and assets, you can work on budgets
and even manage you 401(k) or IRA. There are notifications for overspending or
when earnings are insufficient according to budgets. The app also has an
intuitive program that assesses your spending habits and can make
recommendations to help you achieve your financial goals sooner.
is another free app for Android and iOS platforms. It is a budgeting app
primarily that will help you to watch your spending and more importantly
facilitate saving. You can understand spending habits and break them down into
monthly, weekly or fortnightly cycles.
is another free app on Android and iOS platforms and it is one of the more
secured apps. The app focuses more on your long term financial goals. When you
start using the app, you would have to answer a few questions that will allow
the program to understand your financial needs and what your needs could be in
the future. Accordingly, you get to come up with a financial plan. Managing
your money is not just about accounting or finding a balance between earning
and spending. It also involves making decisions that will help you in the long
is another very secured app that allows you to manage your money. The primary
feature of this app is its focus on spending habits. That is essentially the
key to sticking to a budget.