Apps which helps in financial planning

 APPS FOR FINANCIAL PLANNING AND MANAGEMENT

Hi all readers, today we are gonna discuss financial planning and management apps. In today’s world, in every corner from a child to the elderly, everyone is having their own personal smartphone so it’s easy for everyone to access the internet and the advantages provided by the internet through resources and helping everyone with the help of varied applications. So typically, here we are going to have a brief summary of the financial planning and management applications. So here the smartphone comes in handy which can help manage our money through applications. It saves our time as well as our money too in terms of fees to be paid to an advisor and we don’t need to ask and travel somewhere else.

A person who is either salaried, self-employed or doing a business then it’s very difficult to earn money and the other way spending it is very easy. In today’s world of ever-increasing expenses/Inflation, it’s not only essential for all of us to keep an eye on all the incomes and expenses but also we must keep track of all our investments which would help in better money management. But the fact is that none of us has time to track income and expenses.

This is where our smartphones can help us to better manage our money. Multiple money management apps in the market automatically keep track of all our incomes and expenses as well as our investments and give us financial advice. These apps act as personal finance managers and help us in identifying the areas where our expenses can be reduced and can also suggest on best investment options.

In this era, where everyone is so close to their smartphones more than their loved ones even. So it has been very easy to manage and plan our savings and expenses through our smartphones with the help of these applications. So these apps are well capable of suggesting to us everything which a financial advisor can suggest. So we don’t need to visit an advisor in managing our money and paying them too, as our smartphone is doing for us for no cost.

Without wasting a lot of time, let’s see some of the available apps in the market which can help in financial management and planning as well:-

1. Mint

• It has all in one facility, so no need for multiple apps

• Tracks our cash flow with ease

• Saves smarter with custom budgets

• Saves time as well as our money by keeping track of finances in one place

• Bill pay reminders so you don’t need to worry about late fees

 It can even track bank accounts, credit cards, debit cards, and investments too.

 2. You Need a Budget

• You need a Budget is a fantastic application software for setting a budget and sticking to it.

• It is very properly developed and can give clear reports on savings, expenses, and investments.

• It also enriches users by providing resources and articles to enhance the knowledge of their users on financial planning and management.

3. Expensify

• It’s a software company that helps in the development of expense management systems for personal and business usage.

• A venture capital called “Expensify ventures” is operated by Expensify only.

• It does all of our pre-accounting in one app.

• It tracks all our expenses, generates invoices for us, pays bills, collects payments, etc.

4. Budget Boss

• It makes a budget plan for us on how to save and make expenses in a positive approach.

• This application helps us in the projection of the budget for the future.

• It can create a pdf report on our budget planning and others too.

• And additionally, we can sync with our calendar for bill reminders.

There are several other applications too which we can’t mention here all. So that’s all.

As all other applications also work in similar ways.

Thanks all for your time!