Keeping your finances in order is important, but it can be tedious and complicated to do on your own. Thanks to today’s technology, however, you can manage your money easily without having to employ an advisor. There are lots of handy applications you can download to make your life easier. These are the ones you won’t be able to imagine ever having lived without.
Wisely investing to build a reliable nest egg for retirement should be a priority for everyone, but life’s other expenses can sometimes make us forget to do it. Thankfully, Acorns has come along to make investing a cinch.
With this app, you link your debit and credit cards. Acorns keeps track of your charges and rounds them up to the next dollar. Once the money adds, up, you can invest it into the professionally managed portfolio of your choice. You can even choose between six levels of risk investment. Fees are $1 a month for a portfolio under $5,000 and 0.25 percent per year for portfolios over $5,000. You aren’t charged if your balance is $0.
The Acorns app was developed with guidance from Nobel winning economist Harry Markowitz. Your investments are secured up to $500,000 by the SIPC.
Along with investing, saving is one of those things that just passes us by. Don’t worry–there’s a solution for that, too! The SavedPlus app automatically transfers money from the checking account of your choice directly to your savings account. Transfers happen once a week and take 5 business days to complete.
Currently, the app is 100 percent free. With SavedPlus, you can save conveniently with a minimum amount of mental effort!
This app provides you with a simpler with to budget. It syncs with your bank accounts and asks you to input income information and financial goals in order to develop a realistic budget. The app allows you to keep tabs on your spending activities and stay within your limits without having to pinch pennies.
This is the perfect solution for keeping track of events and big expenses involving lots of people. Tricount divvies up the costs and sends everyone an email so that they know how much is do. You can combine Tricount with Venmo, which allows you to send your friends and family money for free.
Probably the most comprehensive money-managing app you’ll come across. Not only can you link your bank accounts and credit cards, but your mutual funds as well. Keep track of your spending and deposits in real-time. receive alerts, and even get a free credit score. This award-winning app is made by Intuit, the company behind Quicken and TurboTax. It’s very reliable, keeping your accounts safe.
And unlike the other services developed by Intuit, Mint is completely free.
With so many tools available, there’s no excuse for not getting a handle on your personal finances. Visit the App Store or Google Play and get started planning for your future!