We all have those moments where we sit down and look at all our bills at the end of the month – especially around the holiday time of year – and wonder how we spent $600 on random things that we didn’t account for. There are a lot of real-time financial apps out there that you can carry with you in your pocket (yes, I’m talking about your phone) that will help you manage your finances in a number of ways.
I honestly can’t say enough about Mint. It’s got a slick interface to match your the clean, modern design of your smartphone, and is quite capable. It allows you to -
- Set monthly budgets (and if you exceed that budget, it will send you an email telling you so)
- Set goals: Want to pay off your credit card debt in the next year? Mint will tell you how much you will need to put towards the bills monthly to meet that. Or do you want to travel to Paris next year, but need to save? Mint will tell you how much you need to put towards that saving a month to feasibly do so – it will even help you create a budget for the trip, including estimated airfare, accommodation and miscellaneous purchases.
- Create recurring bills: Do you have utilities to pay, like most of us? You can set reminders for bills every month (or whatever frequency they may occur) – and Mint will even tell you if they see a recurring charge that looks like a bill, and ask if it is. \
What I like the most about Mint is perhaps one of the simplest things – I can track all of my finances, from various credit cards under different banks to investments and savings accounts…all in one place, without having to worry about different logins and passwords, and not having a full picture of my financial status.
Mint is a very intuitive interface, though of course there are some drawbacks. One of the things that a lot of people gripe about with Mint is that you can only set monthly budgets, not weekly or bi-weekly. I find it isn’t too much of an issue for my own use – perhaps what I find the most annoying the the sometimes very odd classifications of transactions due to similar “rules” that can be created. Mint is also free to use, so try it out for yourself if you haven’t already!
For those of you that are more fiscally adventurous, Bloomberg Mobile mighttps://raven-seo-tools.com/tools/content/ht be a good bet for you. Stock traders will swear by the Bloomberg interface for up-to-the-minute stock information, but for those of us that aren’t on Wall Street, but are interested in knowing the status of your investments (without going crazy because of all the day-to-day fluctuations you will see) the lighter mobile version seems like a good bet. This version includes stock quotes, company descriptions, market trend analysis and more.
From reports, there are features that quite handily replace Apple’s own “Stocks” app.
On a much more small-scale level of finances, have you ever had a really hard time splitting a tip among friends, or even just figuring out the proper amount to tip? Tipulator is a quick and easy way (with a fun design to boot) to figure out how much you should be tipping and who should be paying what.
These are just a few ways to help keep your finances in line this holiday season – do you have any other ways that you keep yourself fiscally on track?
Mary has always tried to do more with less and the biggest present she could ask for this holiday season is spending time with her family. She finds that the less she spends extraneously, the more rewarding her life is.