One of the best ways to consistently increase your savings while staying on top of your finances is, well, managing it!
And while monitoring your finances is a skill that isn’t necessarily taught in schools, it is an important trait you must learn for when the cash comes flooding in. And it’s no walk in the park if you don’t know what you’re doing.
You must understand everything that’s going on with your personal finances. This includes your mortgage payments, weekly household expenses, bills, investments, property taxes, etc.
You have to monitor how much you earn, spend, and invest all year round instead of doing it once or twice a year. This does sound daunting, but thanks to rapid advancements in digital software, taking care of your finances has become a breeze.
Today, you can use personal finance apps and platforms to stay on top of your earnings and spending consistently. According to Honeygain app, there are several free as well as paid budgeting apps that offer convenient solutions to track personal finances. In light of this, we will talk about some of the best easy-to-use tech tools you should consider using to enhance your finances.
1. Moneyspire
Moneyspire is a software that offers simple yet innovative features you can use to manage your budgeting.
With the app, you can get a deep insight into your financial history and analyzes your spending patterns. This allows you to change your spending and investment patterns to enrich your earnings.
In addition, the app also generates tailor-made financial reports that are interactive.
Plus, Moneyspire is also great for understanding your weekly or monthly transactions and providing tips to prepare for upcoming expenses.
With Moneyspire, you can also automate your utility bill payments and set an accurate budget to meet your financial goals via real-time statistics.
2. Digit
Digit is another tech tool you can use to optimize your savings. It’s handy for individuals who don’t have an issue putting in the work to save money.
The software is designed to meticulously and seamlessly analyze your spending patterns meticulously and seamlessly and automatically transfer your funds to its digital wallet.
You can link your Digit account with your current or savings account with multiple banks. Using various variables, Digit calculates the total amount you require for your spending.
Plus, based on your spending patterns, Digit calculates a separate amount you can use to indulge yourself.
3. Fortunately
Fortunately comes with a zero learning curve, and you can use it to get a bird’s eye view of your financial portfolio.
This includes various things, such as your childcare expenses, the money you’ve set aside to pursue your goals, your mortgage payments, investments, etc.
Moreover, one of the best things about Fortunately is that it provides users with comprehensive timelines for their investment portfolio.
The software will offer insights into the types of investment vehicles and accounts to invest in to further your life goals.
4. PocketSmith
PocketSmith is another app for people who want complete control over their budgeting and personal finances.
The tech tool offers a variety of incredible features, such as analyzing your past and current spending habits and earnings.
Based on statistics, the app helps calculate the correct amount you need to secure your financial future. In addition, PocketSmith also offers deep insights via comprehensive historical reporting.
This helps users get a complete picture of how they can control their spending, where they’re wasting money, and make more financially responsible decisions.
Some of the best features of PocketSmith include custom reporting, streamlined money management, automated bank reports and feedback, a cash flow overview, and much more.
Now that you know the most popular finance management apps, you can make up your mind and choose the most suitable management tool for your needs. In the meantime, it’s worth mentioning that advancements in technology not only help us manage our finance but also earn money aside.
Bottom Line
So there you have it. We’ve just introduced you to a handful of tools to choose from. With our comprehensive look, you have the knowledge of how you can enrich your wealth by managing your earnings using these personal finance apps and gaining revenues.
