Who else is making 2018 the year all about getting your finances in order? I know that getting my finances even more organized was big on my list of things to accomplish in the new year. Lucky for me (and anyone else making this change) there are some fantastic money manager apps available for us to use to keep our money well organized, our spending under control and our budgets on track.
The Best Money Manager Apps
If you are looking for a great new money manager app to use, check out this list of some of the most popular ones that are available for you to use:
YNAB (You Need a Budget)
Do you ever listen to Dave Ramsey? If you do, you have likely heard about. You Need a Budget before. If you are working on getting out of debt, YNAB is the app for you. It has helped countless people stop the “paycheck to paycheck” cycle. YNAB is great because rather than creating a budget that may be unrealistic, it forces you to live within your current budget and do a great job of that. I recently read that on average; new YNAB users pay off $500 of debt in the first month of using the app! The full version of this app does cost $60, but there are free trials available.
Are you organized by nature? If so, you are going to love Wally. Wally is a finance app that keeps your expenses very well organized with little help from you. All you do is take a photo of your recipes, and it logs your expenses for you. This app is straightforward to use and free.
The Mint app has become synonymous with money management. Even some of the best financial gurus preach how great this app is (It is created by the same company as TurboTax and Quickbooks after all). With Mint, you can input multiple accounts including checking and savings, credit cards, loans, and investment accounts.
Mint is excellent for helping stay on top of your bills, as it helps you to stay up to date on what bills are due, how much is due and when. You can also use this app for reminders so that you don’t find yourself paying late fees on your bills. You will also be pleasantly surprised to see that Mint even offers tips on how to best utilize your money. Oh, and you can get a free credit score too! The Mint app is free. On the flip side, this app a bit heavy to use and hasn’t been updated in a while.
You also can use an average Microsoft Excel spreadsheet. If Mint is not a good fit for you and YNAB is not in a budget, do create an Excel doc that does what you need it to do.
What is your favorite money management app to use?