Top 6 Apps to Spring Clean Your Finances
Everyone who’s into managing his or her personal finances with the help of an app has heard about Mint, which currently ranks No. 24 among all free apps in the Finance category that can be downloaded from the Apple iOS Store.
To offer you a couple of alternatives, I would like to introduce you to other handy personal finance apps that help you to monitor your expenses and reach your financial goals.
1. Clarity Money, free
The Clarity Money Budget Planner analyzes your personal finances using data science and machine learning with the goal to “help you make smarter decisions with your money.”
The free app allows you to not only plan your budget, but also track all your expenses, cancel recurring charges and subscriptions and find credit card deals that fit your spending habits, so you can hopefully manage to save some money in your bank account in the long run.
As of March 2018, the app has been rated almost 16,000 times in the iOS Store with an average rating of 4+ stars and more than 700 times in the Google Play Store with a rating of 4.2 stars.
Here is what TechCrunch says about Clarity Money:
“It’s the kind of universal financial services tool that combines a number of the best features of existing money-management apps into a one-stop-shop.”
2. You Need A Budget, free trial
You Need A Budget (YNAB) is another personal finance tool that lets you to plan your budget and track expenses.
Unlike Clarity Money, YNAB is not free, but you have the option to sign up for a 34-day trial period. After the trial you will be billed for a one-year subscription ($83.99) if you decide to continue using the app. What’s great is that YNAB offers a 100% money-back guarantee with no questions asked at any point.
Key features are:
- Synching all of your bank accounts in a single entity.
- Real-time access and tracking of all your data.
- Access to tools that help you get out of debt.
- Set goals to stay on track.
- Detailed reporting and personal support.
According to the team behind YNAB, new users are able to save $600 on average in the first two months of using the app and as much as $6,000 in their first year.
By the way, You Need A Budget has already been downloaded more than 100,000 times from the Google Play Store with an average user rating of 4.0 stars.
3. Spendee, free
Spendee is a free app that comes with in-app purchases.
It lets you track your expenses (even in foreign currencies, in case you are on vacation), create custom wallets for special events, such as birthday parties or Christmas, and it provides comprehensible graphics that outline your financial odyssey to help you gain the upper hand.
If you decide to upgrade to Spendee Plus ($1.99/month), you can create multiple wallets that you can then share with your family members and friends. This feature comes in handy, if there are expenses that you don’t pay for entirely by yourself.
Spendee Premium ($2.99/month) allows you to synch the app with all of your different bank accounts.
Here is what some users have to say about the app:
- “Great product. Love the interface and all the reports.”
- “When it comes to simplicity, usability and UI (user interface). Trust me this is the best one in Play Store.”
- “Awesome to keep my expenses track. Help to reduce the unwanted one.”