One of the best ways to manage your finances is by creating a budget. There are many free budgeting tools available on the Internet that make it easy for you. There are apps that can track your spending, so you will be able to see where you can save. Take a look at the best apps for saving money.
- Mint
This app is designed for monthly budgeting. It will automatically categorize and update your spending so that you know exactly where you stand at any time. You can link your bank, your credit cards, and your loans, and the app organizes the information and allows you to assign categories. This app is free and is available for iOS and Android.
- Acorns
This app helps you save money because it keeps the change every time you use a credit card that is linked. It rounds up your purchases, and you invest the change. This is a great way to build up savings without thinking about it. It is great for people who are just starting to save, and it is available for iOS and Android.
- PocketGuard
This is one of the best budget-tracking apps on the market, and it allows you to connect your savings, checking, and credit card accounts. Then, it will show you exactly how much you are spending. You can see all of the expenses in categories, and you can set spending limits. Then the app will send you notifications when you go over. It is easy to use, and it is available for iOS and Android users.
- YNAB
YNAB stands for You Need a Budget. It is a great option for people who are budgeting with a partner. It shows you what you are both spending, and you can attend online live workshops to improve your budgeting skills. The app also works with Amazon Alexa, but it is a little more expensive than some of the other options. If you want a lot of features, this is a great choice. It works on iOS, Android, and Amazon Alexa devices.