Multiple outlets are formed over time to splash out the money you earn through the hardest jobs. Watching the course of your money is important so that you make the right investments and transactions to keep yourself financially secure. When the cashflow increases significantly, and you are toiling all day to make more, you may have a hard time managing your personal and business finances. Regardless of the size of the revenue generated or the amount credited to your account, planning and managing are vital. Handling the expenses of life can be quite challenging without sufficient funds to back you. If you have been trying to find an effective way to manage your finances, technology is offering you the best solution on your handy devices.
Applications have been developed to keep you updated about your current financial position. The saturation caused by these apps in the market may be inundating for anyone beginning to understand the working of these platforms. Finances can be easily handled and checked for with ease when you have an app to guide you through the expenses and income. Let us look at some of the best money management apps that can aid in growing your net worth.
1. Personal Capital
Personal Capital is undoubtedly one of the best money management apps that let you track your investments and current budget. The intuitive interface and smooth visuals make it easier for everyone to use the application on a laptop, desktop, or smartphone. Investment performance and portfolio can be managed on these apps to provide you with a better picture of how you are progressing. If the graphs represent a dip, you may also have to get help from investment professionals, who can be accessed from the app. Though Personal Capital’s budgeting functions aren’t of the highest quality, it will surely get your tasks done.
Budgeting and accumulated savings are combined to provide you with great money management techniques on Empower. You can connect to other financial accounts using this online banking and budgeting app, keeping track of all the activities to help you have better control over your finances. Monthly or weekly spending limits can be set using Empower, and it will also notify you when you cross that limit. The AutoSave feature of the app will help you save money effortlessly. Savings in your spending patterns are also checked by Empower to feed you with information regarding the best investment plans.
The virtual change is taken out of your account by the intervention of Acorns, but it isn’t saved for the future; instead, they successfully invest it in some of the most profitable stocks or options. Investing becomes less stressful when Acorns manages all these stages of your financial plans. Setting up the Acorns account will get you started, and all you need to do is check the cashflow to boost your account. A shopping app function named Found Money is also now active on Acorns.