Seven Great iPhone Apps for Money Management
For anyone now looking to pay more attention to their day to day money management (and that includes most of us in the current financial climate) there are all kinds of very powerful money management applications available via the swipe of a finger on your smartphone. As usual the best apps are on the iPhone and this article will look at seven of the best apps for managing your money on your phone:
Expensify: This is an excellent free app that allows you to take a photograph of each and every business receipt you get during the day and then it automatically forwards that picture to your own online account where you can save and access all your records. Perfect for those people who are constantly getting moaned at by their accountant about keeping better records. Also available on Android and Blackberry.
Mint.com: Another free app that allows you to keep better records. Mint assists you in taking information from all of your accounts (credit cards, debit cards, savings accounts etc) and collating it together in one place within categories that you set in order to help you track your outgoings.
iRewardchart: This is a financial app for your children and it allows you to give your kids rewards if they finish tasks you set them. A great way to teach children the value of money.
LoanShark: This loans app by the wonderfully named Foggy Noggin is a great app if you are researching loans. Keep this on your phone and you will always be able to quickly work out exactly how much any loan will cost you in interest and charges. Essential if you are planning a car loan, consolidating loan or mortgage.
iCredit Calculator: Like LoanShark, iCredit Calculator is an app that is designed to assist you with managing your debts and interest, concentrating purely on your credit cards and how long it will take you to pay off your current balance.
ATM Hunter: If you’re stuck in a city you don’t know and urgently need to get your hands on some cash then ATM Hunter will help you find the nearest cash machine. Additionally it can let you know which ATM’s near to you are free to use in order to avoid paying fees.
ACE Budget: Finally, another simple but effective budgeting app that allows you to log, categorize and manage all your financial transactions.
Alex is a financial writer and blogger. He writes about everything from mortgages to credit cards to umbrella companies.