In 2019, only 29% of people in America considered themselves financially healthy.
The good news is that there are several things you can do that will help you save money and improve your financial situation – and one of those things is using the right money management tools.
If you want to learn how to manage money in the easiest of ways, keep reading and discover more about seven useful apps!
1. Mint.com: To Stay on Budget
The most basic money management app you can use is a budgeting one and that’s exactly what Mint is.
This tool stands out from other budgeting apps because of how detailed it allows you to be. Not only does it allow you to create as many budgeting subgroups as you want, but this tool automatically pulls information from your bank account, making sure your budget is always updated.
2. PocketGuard: To Save as Much as Possible
PocketGuard will look at your spendings and analyze it to make sure you have the best budget possible. Furthermore, it will take bills you pay on a regular basis and look for better deals, helping you save money every single month.
3. Debthunch: To Pay off Your Debt
When it comes to debt consolidation, if there’s one thing you want to avoid is using the wrong financial tool and ending up getting tricked. Thankfully, you don’t have to worry about any Debthunch scam.
This app will help you find the right, most affordable debt consolidation solution for your case, allowing you to pay it off as quickly as you can and with the greatest savings possible.
4. Albert: To Get Help From a Personal Finance Assistant
Who said finance assistants need to be real human beings? Albert uses a mix of AI and human knowledge to create relevant and useful information for its users, according to their financial situation and needs.
5. Acorns: To Start Investing
If you want to get into investing in the simplest way possible, using Acorn is a great starting point.
This tool takes your virtual change and invests it with no effort from your part. Then, all you need to do is set up ongoing withdrawals or a one-time transaction to get your money.
6. MyMoneyCircles.com: To Learn About Personal Finances
This app is quite different from the other ones we mentioned because it is educational more than anything else.
With it, you can spend 20 to 30 minutes every day going over several financial guides that will teach you how to achieve your goals and stay on track. All of this, for free!
7. AnnualCreditReport.com: To Get a Free Annual Credit Report
Staying on top of your credit report every year will allow you to fix any mistakes and make sure your credit profile is on point, which is why receiving this report at no cost can be so beneficial.
Ultimately, this is what will allow you to get a new credit card (or not).
The Easiest Way to Manage Money
With such a big variety of money management apps out there, keeping an eye on your spendings, savings, investments and more has never been easy. If you’ve been looking for a simple way to manage money but nothing has worked so far, we say you look into the tools we mentioned today and find the ones that work for you.
Did you enjoy reading this article? Keep exploring our blog for more useful financial tips!