When it comes to saving money, there are a lot of actions you can take. You can go on a spending freeze, stop impulse buying, and have money automatically deducted from your checking account and placed into your savings account. You can also download mobile apps and use them to keep track of your spending. With technology being as advanced as it is today, it’s very easy to sync your credit card and bank accounts with free financial services online to see exactly where you’re going wrong with your budget.
These five apps were designed to help you save money:
1. Mint (Android/iOS)
Borrowing some of the same features that it offers through its website, the free Mint app allows you to track spending, identify problem areas in your budget, receive alerts, and monitor the progress you make towards your financial goals. Among one of the most popular mobile apps around in this category, it allows you to pick up where other financial websites leave off.
2. Manilla (Android/iOS)
Do you hate wasting time remembering passwords and signing into multiple accounts to access credit statements and loyalty program rewards. Manilla combines all of these services with one convenient password. It automatically retrieves and files account documents and receive reminders about due dates with this handy app. Best of all, it’s free.
3. Slice (Android/iOS)
Keep track and organize your online purchases with Slice. It works with some of the top email providers like Gmail, Yahoo! Mail, Hotmail, and AOL as well as the iCloud to find receipts in your inbox and organize them accordingly. You no longer have to guess when something will arrive to you by mail. The app sends reminders and notifications of delivery dates.
4. Expense 2.0 (Android/iOS)
Find out exactly where all your money is going. Set up a budget, decide where you can cut back, and learn how to save more. By showing you what options you have in terms of saving, Expense 2.0 helps you eliminate unnecessary expenses and focus on the things that matter most to you like buying a new home or saving for vacation.
5. Expensify (Android/iOS/Windows/Blackberry)
Manage your time, receipts, and money better with Expensify. The app allows you to scan receipts, enter in time spent working, and manage your budget. If you’re tired of running around without a clear picture of what you’re doing and how effective it is, this is the app for you.
The mobility of apps makes them desirable for people of all economic statuses. Rather than lug around a netbook, tablet or laptop, you can access the information that you need on your phone. Convenient, to say the least, apps continue to dominate the marketplace because of their low price and efficiency.
Saving money takes time and patience but with an army of apps by your side, you can achieve your financial goals faster. The next time you wonder where your money is going but don’t have any idea, pull up Mint, Expensify or Slice and evaluate your purchases. You’re in control of your finances so isn’t it time to take charge of them successfully?