5 Apps For Managing Personal Finance

If you are looking for an easy and convenient way to keep track of your finances, both at home and on-the-go, use your iPhone, Android or Blackberry phone to organize your financial life. There are hundreds of personal finance apps available for download, but only a few can provide a comprehensive picture of your current and future financial life. 

1. Mint.com (iPhone, BlackBerry and Android)

Mint.com is an impressive personal finance app that allows users to manage and track spending and savings. The app syncs with the Mint.com website, allowing users to access their profile directly from their smartphone device. This handy app compiles a wealth of financial information including user’s bank accounts, credit cards, loans and retirement accounts. 

5 Apps For Managing Personal Finance

In addition to providing a comprehensive picture of user’s financial information, the app tracks and charts spending, provides handy bill pay reminders and categorizes debit and credit card transactions. One of the app’s coolest features is its ability to create charts and graphs that track your spending trends. The app also allows users to compare their spending habits with other Mint.com users. The Mint.com app is free and can be downloaded from your smartphone’s app store.

2. MoneyStrands (iPhone)

MoneyStrands is a personal finance app that compiles and categorizes information from your checking and credit card accounts. In addition to compiling financial information, the app provides a visual spending analysis to help users better understand their own spending and saving habits. 

One of the app’s best features is its ability to compare user’s spending habits with other people who share similar demographics. MoneyStrands is available for the iPod Touch and iPhone and can be downloaded for free. 

3. RetirePlan (iPad)

If you are close to retirement or looking to get a better picture of your post-retirement budget, RetirePlan can help you gain a better understanding of your future financial life. This handy app allows users to upload their financial data and run scenarios to see how different variables will impact their retirement plans.

The app helps users determine the best age to retire, charts annual retirement savings goals and projects how long your retirement savings will last. One of the app’s best features is the variable calculator. The variable calculator allows users to see how changes in their pension, social security, interest rates and inflation will impact their retirements saving. RetirePlan is only available for the iPad and can be downloaded from the iTunes Store for free. 

4. PayPal (iPhone, BlackBerry and Android)

If you like making online purchases but don’t want to use your credit or debit card for your transaction, then you probably already have a Paypal account. If you have a PayPal account, be sure to download the PayPal app to your smartphone to keep track of your PayPal account information and online spending. 

This handy little app allows mobile users to check their Paypal balance on-the-go, withdraw and add funds to their account and transfer cash between their PayPal account and bank account. Download the free PayPal app from your smartphone’s app store. 

5. Smart Money Retirement Planner (iPhone and Android)

Whether you are fresh out of college or ending your career as a business professional, it never hurts to think about retirement… and the SmartMoney Retirement Planner app can help you do it! This powerful app helps users understand how their day-to-day financial choices impact their plans for retirement.

The app compiles user’s demographic and financial information, including assets, 401K and home equity, to run scenarios which determine how inflation, changes in social security, debt and taxes will impact their retirement plans. SmartMoney Retirement Planner is available for iPhone and Android phones and can be downloaded for free. 
About the author : Rosie writes on behalf of a number of businesses ranging from Auto Enrolment Administration to holiday destinations. She enjoys reading design and technology blogs and baking sweet treats. Any opinions expressed in the article do not necessarily represent the businesses Rosie writes for.


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