The concept of budgeting can seem a little overwhelming, but I'm here to remind you that it doesn't have to be. With all of the technology we have at our fingertips, budgeting continues to get easier and easier, especially for those of us who aren't exactly financial gurus. Go ahead and drop your calculator and notepad because I've got some money saving apps that will make budgeting and finances a piece of cake.
I have put together a few of my favorite budgeting apps that have helped me make the move to a better financial future. Each of these apps are secure, easy to use and available both online and on your Android or Apple smartphone.
Mint- This is a very comprehensive tool that allows you to add and keep track of all of your accounts and financial information in one place, making it easier to manage. A helpful feature that Mint has is its ability to automatically categorize your spending and create a customized budget based on your habits. This makes budgeting super easy and personalized. Mint also gives you the option to create long-term and short-term financial goals and provides you with a timeline and tips to help you accomplish your goal. This is a good resource when you're trying to pay off credit cards or other debts. One of my favorite features is that Mint gives their users the option receive text messages and email alerts to stay up to date with balances, upcoming payments and finance charges.
Credit Karma- I've found Credit Karma to be another helpful, free and easy to use financial tool. Like Mint, Credit Karma has the option to create budgets and import your different accounts securely. But the best feature that Credit Karma offers is access to your credit score, credit report and tips on how you can improve your overall credit health. We hear it all the time, bad credit can really make life difficult, especially when you're trying to plan for the future and make big purchases like a new vehicle or home. Credit Karma is a great educational tool that offers advice, tips and personalized recommendations to help you create a better credit score. Personally, I found this tool to be incredibly helpful and eye-opening. For many of us a credit score is just a big, important invisible number and with Credit Karma that number becomes real and easier to manage.
Check- This app allows you to keep up to date with all of your day-to-day bill payments and avoid making late payments. If you're like me and have a lot of bills all due throughout the month, then you know it's not hard to forget about a due date here or there. Check is a great app for you. It pulls all of your bills and accounts into one place and allows you to make and schedule payments without having to open up another app. With a busy schedule I find this app to be a lifesaver because with the help of their notifications, I never miss a payment or forget a due date. It's also really nice to have everything consolidated all in one place.
These tools aren't necessarily one size fits all, but I find them to be educational and very helpful when it comes to helping me get organized and take control of my finances. As Credit Education Month comes to a close it's important to remember that taking the steps to become more financially savvy lasts all year round. Check out these apps and take your first steps to a healthier financial future.