investing

Budgeting is a lot like flossing. We all know we’re supposed to do it, but it’s easy to put off.

Unfortunately, without a sound budget that you stick to, you’ll eventually run into serious financial problems.

The good news is that the following four apps make money management much easier.

…we can’t help you with flossing – sorry.

King of the Budgeting Mountain: Mint

By far, one of the most popular budget apps on the market – maybe the best budget app – is Mint. The fact that it’s extremely user-friendly makes it easy to forget just how much it can help with money management. Mint will assist you with not just your budget but also:

It can also be synced up with your online bank and credit card accounts, making it easy to manage all of your finances from one place.

Use PocketGuard for Easy Day-to-Day Budget Tracking

Have you struggled with money management in the past because of your daily spending? Many people have no problem coming up with a monthly budget. It’s the day-to-day that eventually causes problems.

If this sounds like you, PocketGuard may actually be the best budget app for your needs. While it lacks the numerous features of Mint, one thing it does exceptionally well is track your spending for the day. This makes it much easier to stick to your daily budget and, thus, your monthly plan, too.

If It’s Good Enough for Dave Ramsey…

To many people, Dave Ramsey is a name synonymous with money management. Therefore, it should come as no surprise that many consider his contribution to the list, EveryDollar, to be the best budget app on the market.

If you don’t already have a budget and you’re worried about creating your own from scratch, you might want to look into EveryDollar. This app actually comes with a budget plan you follow. It’s based off of Ramsey’s teachings, so you can be confident it’s worth following.

Use Expensify When on the Road for Business

Money management is hard enough as it is without adding in the complications of traveling for business. Generally, this entails footing the bill for a number of your expenses until your employer reimburses you. That can throw a real monkey wrench into your budgeting plans.

At least with Expensify, it’s all easy to track. Furthermore, you can automate the process and then use this app to submit reports – something that can be a real timesaver.

While finding the best budget app for your needs and then regularly using it will go a long way toward helping you reach your financial goals, Mooney Lyons is here to help, as well. Contact us today for assistance with anything from retirement planning to investing to putting together a customized budget.

The information in this material is for general information only and is not intended advice or recommendations for any indidivual. Dave Ramsey as well as the named apps are not endorsed or affiliated with LPL Financial.

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