The wide variety of apps available is one of the biggest selling points of a smartphone. If you own a smartphone, then you should get the most out of it. After downloading one of the great personal finance apps available, you will know exactly how much extra money you have no matter where you are located. While there are several great personal finance apps, these are the three that provide the best experience.
The Mint app has a wide variety of features and can be downloaded on your iPhone or Android smartphone for free. If you enter you checking, savings and investment accounts into the app, then Mint will determine what you can afford to spend each month. If you going over your budget, the app will inform you to slow down your spending. Since all of accounts are linked to the app, Mint will automatically update after each purchase. Mint will categorize your spending at the end of the month, so that you can see how you are spending your money. Mint can also send you reminders when you have a bill that is due to pay.
The Expenditure app is great at keeping track of all of your expenses and forming a budget. Expenditure can be downloaded on any iPhone for $1.99. Unlike the Mint app, you are going to have to manually enter every transaction into Expenditure. Once you enter the transaction, you can enter the category that the purchase was for. This will allow you to know what you are spending your money on and where you need to limit your spending. Expenditure also allows you to add a note or photo to each transaction enter in the app, so that you will know exactly what you purchased.
The iReconcile app probably has the most features found on any personal finance app, but it will cost you $2.99 to download in on your smartphone. This app is also the only personal finance app that comes with a check register. This will allow you to know exactly how much you have in your bank account without having to carry a checkbook. The app puts all of your transactions in easy to read charts and graphs, so that you can compare your spending. You can also create a monthly budget with iReconcile. If you do not spend all of the money in your monthly budget, then iReconcile gives you the option of rolling over that money into the budget for the next month. All of your information can be saved on an online backup system, so you will never lose your information.
All three of these personal finance apps provide a great way to keep track of your spending and form a budget. If you download one of these three apps on your smartphone, then you will never spend more money than you can afford. Keeping track of your finances is one of the most important aspects of life, and it is now easier than it has ever been before.
Author Bio:- Andrew Bennett is a finance writer who offers information regarding credit card to repair credit when your credit score has been damaged.