Financial planning is truly important, especially during the tough times of our economy these days. You should be ensured that your finances would be handled accordingly and be put to its best use. This means that you have to create a spending/budgeting plan that personally works for you based on the financial situation you are in. To help you make sure of that, technology has in store a lot of tools that could save you all the trouble and help you put your money where they should be. With simply your computer device and a good internet connection, budgeting will surely be a whole lot easier.
This online budget tool stands out from the rest as this appeared at the forefront during the boom of financial management sites. With Mint, you can organize your financial accounts together by linking them, may it be your savings, checking, or credit card accounts, to the site. When you create transactions, the information appearing on your Mint account is automatically updated accordingly. With this, you will not only be able to track your financial progress towards your retirement goals, you might also create your own debt payment plan.
2. Personal Capital
If you are an investor and are having a hard time tracking the progress of your investments to plan your budget, you might want to give Personal Capital a try. This online tool will show you a financial dashboard which lays down everything you need to know about your financial status. Other than that, since your investments are tracked, you are ought to receive investment advice that suits your situation. Since this advice will only be objective, you can also go personalized by paying a 1% fee.
Worried of entrusting your financial accounts to a certain site? BudgetPulse should be your best choice. This tool will not require you to enter your account information, yet you can track your finances and set your monetary goals. BudgetPulse will give you charts and graphs describing your finances. Another unique feature is that you can share your financial goals with your family and friends.
4. Gnu Cash
This accounting software not only comes free but also works not only on your Mac or PC, but also on Linux! Gnu Cash also tracks your investments and other accounts comprehensively to give you the big picture on your financial progress. You may also input scheduled transactions or make a couple of financial transactions, as well.
This online tool will help you organize your finances as you will be able to monitor your expenses and be updated of your regular bills. Specifically suited for those 20-somethings, this tool will be perfect for those who don’t have any idea on how to manage their finances yet.
When it comes to money, one should always be aware of how it comes and goes. That’s not quite easy to do, and hardly everyone is an expert on that. That’s when these apps come to play.