Automation is the future!
When money management is up for discussion, it becomes apparent that not everyone has the best assistance or decision-making for the business, and it’s exactly why people like that make costly mistakes that set their goals back by months and sometimes, even years.
If your monthly income is more than what you usually end up spending on investments, you’re in the clear, but if you’re prone to biting off more than you can chew, and often for that matter, financial management apps like these next few are exactly what you need.
Goodbudget does exactly what its name would make you think it does; it manages your budget, and it does a good job of it, as it can track debt, plan ahead and offer automated money management for a select period of time.
Since all the operations are performed on the app’s cloud database, you can access your financial stats at any time from any device with a solid connection to the internet, and with all the sorting options offered to you, you can even share your planned budget with your family members and other confidants you have given access to your account.
Wallet is the simplest name anyone could’ve come up with for a finance app, and it’s exactly where this app’s elegance shines, as simplicity is often key with these types of money management applications.
Wallet offers you budget planning while also allowing you to use numerous different bank accounts on the same account, on the same platform with no drawbacks, allowing for a smooth transition between all your finances when you’re doing a thorough review.
Money Manager’s greatest strength is its extremely user-friendly interface, making it a great pick for newbies just starting out their difficult journey through personal finance, and if you’re not particularly keen on sharing your data with third parties, Money Manager will provide you with the privacy you need.
The application splits your finances into income and expense automatically, giving you a clear image of what your money looks like at the end of the month when money’s slowly starting to dwindle.
One additional option is to add photographs to your entries so you know exactly what kind of spongecake you splurged on when you spent way too much for comfort the other day.
Wally is similar to Wallet in the sense that it offers you full synchronization of all your banking and savings accounts, bringing them together to be accessed at the press of a button if you so desire.
Wally also offers a 2-year-long expense plan, tracking your progress along the way and helping you make better financial choices if you slip up or have slipped up similarly in the past.
Unlike most of these apps, though, Wally also offers a cryptocurrency management platform, and with crypto’s growing popularity, if you’ve got as little as a fraction of ETH, Wally could be the right option for you.
Finally, Monefy is a beginner-friendly money management platform with a sleek design that will keep you mesmerized with all the graphing and tracking options they have to offer.
Once you set a budget, the app offers a digital assistant which will track your progress along the way and offer you tips on how to safely and responsibly invest, save and grow your money in the desired timeframe.
The charts will then later show you exactly which spending categories need work and which have been neglected in recent times, which could make those „self-care” days at the mall feel a lot less guilty knowing that you’ve been responsible for the rest of the month at least.