The most important thing to have in life is good habits. Habits can be either beneficial or detrimental, depending on the situation. One of the best habits you could have is being mindful of your money because it will help you stay grounded and focused on what’s most important – saving for retirement or a rainy day fund.
But how do we keep track of our spending? It seems like there are so many apps out there with even more features. Which one should I choose? There are lots of great apps out there that can help you with this task, but here are some tips to consider when choosing an app:
- Does the app allow me to see my spending by category?
- Can I customize categories?
- Can I see my spending over time?
- Is the app easy to use?
If you can find an app that answers yes to all of these questions, then you’ve found a winner! But don’t worry if you can’t find the perfect app right away, keep looking until you find one that fits your needs.
Apps to Help You Keep Your Expenses in Check
Below is a list of some helpful apps that can help you keep track of your spending:
1. Mint
Mint is a very user-friendly app that allows you to see your spending by category, and it updates in real-time. You can create budgets for each month by simply entering the amount you want to spend during the next 30 days on categories such as groceries or entertainment.
You can also set savings goals so that Mint will automatically start transferring money from your checking account to your savings account when you reach them. It is available on iOS and Android, and it’s free!
2. Personal Capital
Personal Capital is an excellent app for those who want to see their spending over time. It has a user-friendly interface and includes graphs showing how your spending changes each month. It also allows you to track investments, monitor your net worth, and more! Personal Capital is available on iOS and Android, but there is a fee for using the service.
3. Expensify
Expensify is a great app that allows you to keep track of your spending by creating expense reports. You can even take pictures of receipts and upload them directly into the app!
It also works as an actual scanner with optical character recognition (OCR), which means it will automatically convert the photo of the receipt into editable text, making it easy to track your spending. Expensify is available on iOS and Android, and it’s free for individuals. There are also paid plans for businesses.
4. YNAB (You Need A Budget)
YNAB is a great app for those who want to track their spending and create budgets. It’s available on iOS, Android, making it easy for you to use anywhere. YNAB allows you to look at your spending by category, set budgets manually or automatically using their app, and more!
Conclusion
Keeping track of your spending can be a daunting task, but with the right app it can be easy and fun. These are just a few of the many great apps out there that can help you stay on top of your expenses, so don’t be afraid to try them out and find one that works best for you!