It would not be wrong to say, that technology has ransacked each field of business today. There is not a single field today, which does not support mobile app. No doubt, mobile apps have made our life way easier than before, now every action/ command/ task can be accomplished with just a tap on our mobile app. Similarly, when I talk about every field, then finance field has also been affected vastly, and it has turned the banking and managing the money easier. Gone are the days, when you had to stand in the long queues in banks and your grievances were not addressed by anyone. Now there is a huge list of Android and iPhone apps to maintain our personal finances.
App world is flooded with the numerous personal finance apps, which are trending in the market, for the reasons like combining the transactions of multiple credit cards and bank accounts into one view. These apps give us an accumulated version of our transactions happening across all our accounts. With this piece of writing, I would like to focus more on different functionalities of different personal finance apps. Every finance app has its own unique features and as users, we all want every financial feature in mind that can benefit us. We fear to share our details on these apps, thinking that these apps may simply attain the real-time data of our financial accounts, which includes savings and checking accounts, investment services, lenders and credit cards. But, the best part is that these apps have only read-only access, which means the app won’t be able to move money from the bank accounts. As a matter of fact, even the complete account number would not be visible.
Today, we discuss a few of the trending personal finance apps in the market to give you a random view of the collected information from the various resources. The topmost of the list is Mint, which is basically for U.S. and Canada only, it is available for both iOS and Android. This app accumulates the information of our account such as account balances, alerts and transaction summary and categorizes the information. It also lets you opt-in for push notifications about bills. Second, in our list is Venmo a free app that allows to send and receive cash easily from friends. It offers a rather basic but incredibly useful function with a clear focus. It is available on Android, iPhone and Web. Next in the line is PayPal app, it manages the account, send payments, request funds, view the recent transactions, and even shop in stores. It is available on android, iPhone, Windows Phone and Web. Another iPhone app, which is relevant enough to be mentioned here is Budget Boss, a simple, smart, easy-to-use app that creates a budget, evaluates its effectiveness, and makes informed decisions about the financial future. In the line of iPhone apps, Qapital is a personal finance app helps saving for financial goals easily. The last on our list is Level Money, this app is specifically for those who have an easy-to-be managed financial situations. This app tells you how much you can afford to spend day-to-day, as well as how much money you can spend.
These are some of the personal finance apps, available on our smartphones to manage our finances in a much better way with a click only.