In today’s day and age, managing one’s finances has never become more important. This includes saving, investing and making more sound financial decisions. With all of the responsibilities that you may have, there may be sparse time for you to do so. However, in the current technological era we are living, managing personal finances has never been more convenient.
Here are four of the best personal finance apps to consider downloading.
Acorns
If you want to start saving up and be compensated for good financial behavior, Acorns may be the app for you. Every time that you make a purchase with a card while connected to the app, Acorns will round up each transaction to the highest dollar and automatically invest the difference in low-cost exchange-traded funds in a portfolio that you yourself select based on what you’re willing to risk.
Acorns is actually free for college students, and for anyone else, the monthly fee is merely $1 per month. If you have never owned a share of stock before because you didn’t believe that you had adequate funds to invest, this app may be for you. You’ll be able to set up the app to automatically invest savings without you even knowing.
Robinhood
Investing is another financial behavior that many people often overlooked because they feel it is too complex or they do not have sufficient experience. Robinhood happens to be a unique app with a ton of unique features. These features include free transactions for stocks, around 2,000 ETF’s and American depositary receipts.
What makes the Robinhood app special is that money is made by upselling premium services such as payment and margin trading. In addition, it also offers Bitcoin trading capabilities. There is no maintenance fees and no account minimums either. So if you want an app if you are a novice at investing, Robinhood is for you. For further information on helpful financial sources, you can actually visit Finance Solutions.
Tycoon
Freelance workers are often overlooked in the working class. This is partly because they can be paid late for their work and it is difficult to keep track of multiple projects. The Tycoon App is designed to help special needs for freelancers, such as calculating what you are taking home minus commissions and taxes. This means that if you’re a freelancer, it will be easier for you to decide whether or not you should take up a potential gig.
If you are deciding whether or not you want to take up a certain job as a freelancer, the Tycoon app will decide whether or not the time you will spend on the project is worth the compensation you will be receiving.
Wally
Tracking expenses is another good financial behavior to get into, because it can show you potential areas where you can save. Wally is designed for those who want to track their spending habits and find areas for improvement.
You can also take advantage of special features such as taking photos of receipts. Finance Solutions has further financial resources for you to use at your disposal if you are looking for more alternatives