Helpful Apps to Keep Your Finances on Track
Keeping up with finances and sticking to a budget may be easy for some, but for those that struggle – here are some possible solutions. With the majority of people owning a smart phone, we researched and tested four financial apps that will make your financial life easier and that will educate you on your own spending habits.
Before we go in-depth with our financial app reviews, we want to let you know that each of these apps is free for both Apple and Android users. Simply download any of the apps that seem appealing, link your financial institution information, and let the financial app of your choice do the budgeting for you.
The first financial app that we recommend is Mint. What we enjoy most about Mint is its simple and easy-to-navigate interface that illustrates your financial account statement with bar graphs, charts, and numbers. Mint also provides additional features such as push notifications about your budget, an advice column, and weekly alerts on your bills and statement. Overall, this app is very well-rounded and accommodates most users’ needs.
The next financial app we recommend is Expensify. Unlike Mint, Expensify really excels when it comes to logging travel expenses. Buy items on a trip, and don’t want to hassle yourself with receipts in your pocket? Let Expensify log all the information for you. Simply open Expensify, take a picture of the receipt, and have your expenses tracked for you. You can also use Expensify for business purposes by using it to track time and distance traveled at an hourly rate.
Check is another app that the GCU staff enjoyed testing. What sets Check apart from the previous financial apps we reviewed is the fact that you can pay bills directly from the app or schedule payments to pay at a future date. This feature really benefits those individuals who are always on the go. In addition, Check’s notification tools warn you when your account balance is low and when you are approaching your credit limits.
The final app that we reviewed, Bloomberg, is an educational tool for those who are interested in the world of finance. Unlike the other apps, Bloomberg focuses on informing you about finance as opposed to helping you manage your own personal finances. With 35 categories ranging from stocks to mutual funds, users of Bloomberg are educated about finances that interest them.
For more reviews or column advice, make sure to check back on our blog.