Personal finance can be tricky.
Between check and savings accounts, credit cards, and loans ranging from car payments to student debt, it’s hard to keep everything straight.
But if not, you may find yourself reading the bottom of your bank account each month.
Remember that you have options in emergencies, such as installment loans, but this makes it more difficult to move forward if you depend on these resources.
Usually, it’s better to build your own safety net and that’s usually the goal. It can be easier said than done, especially if numbers do not come easily to you.
Luckily, the modern age has resulted in a free resource for you to use to help you manage your budget a bit. Check out these five money management apps.
If you’re one of the people we’re talking about thinking about numbers, you’ll be looking for a lean and easy-to-use app.
Mint might suit you.
Created by the creators of TurboTax and QuickBooks, this app serves people who want quick setup and overall overall usability.
This app is connected to your check and savings account, credit card, monthly bill, and 401k, which allows it to update automatically every time you make a purchase.
One of the perks of this is that you can create shopping goals and Mint can tell you as you approach them.
This app allows you to categorize your costs, charges, and subscriptions and turn them into graphs so you can better visualize your budget.
Just like Mint, PocketGuard automatically syncs to your bank account and credit card so you know how much cash you have at any given time.
In addition, users love it for the convenience and budgeting advice it offers.
This app is slightly different from the others we’ve seen so far focusing most of its attention on debt – what you owe and what others owe you. This includes monthly bills and loans.
This is not a full-blown budgeting app, but you warn the upcoming bill that needs to be paid to help you plan ahead and can be a great resource if you’re a friend who always gets to the lunch tab first.
Claiming as a true “first day financing” app, this app keeps track of your revenue and expenses in real time and gives you daily spending limits.
This is a great app for those who are just starting out with budgeting and potentially working with a small amount of money. It also lets you export your shopping habits, which can help you teach how to better budget for the future.
Dollarbird is the best choice for anyone who is reluctant to sync their bank account with an app. Using the calendar format, you enter your earnings and expenses manually and the app calculates your balance and what’s left for you to spend.
If your costs change from month to month, this is the right choice because you can program spending for reoccurring or not.