Managing and growing your money isn’t always the easiest thing to do. In a digital world where it’s easy to spend cash at the flash of a piece of plastic, it’s a lot simpler to spend money than make it. However, while the tech landscape has made spending more convenient through the introduction of mobile payment and one-click buying, it’s also introduced some new ways to invest and save too. There are mobile apps out there that can help you to become more effective at handling your cash.
To show you how you can make the most of the new landscape when it comes to managing your finances, we’ve put together a list of the top 3 tools that you can use to improve your standing with money.
Budgeting Apps like Mint
One of the simplest and most obvious ways to change the way you manage your cash with technology is to download a tool that allows you to keep track of exactly how much you earn and how much you spend each month. The personal finances app from Intuit, Mint allows you to keep a complete picture of your financial situation in one place so it’s easier to keep track of. You can connect your credit and debit cards to an account, and Mint will help you to see how you’re spending your money, and where you have the biggest problem areas. There are plenty of other similar budgeting apps that give you the same kind of benefits, by making it easier to watch where your money is going, so you can make more informed decisions about when and how to spend.
Trading Apps like Easy Markets
Watching your money is just one part of gaining financial freedom through technology. If you really want to take your digital strategy to the next level, you can also download apps that help you to make your money grow too. Trading apps allow you to get involved with a host of different trading activities, including options for buying and selling forex, commodities, indices, shares, and even precious metals. The more you develop your trading skills, the easier it will be to use your new app as a way of strengthening your wealth and building a useful portfolio for future growth. What’s more, apps for CFD trading can also help provide a secondary income too.
Bill Paying Apps like Prism
Finally, if you want to gain true financial freedom, then you need to make sure that you’re not getting into debt. Part of this means avoiding taking out any loans that you can’t really afford to pay off. However, it’s also a good idea to have a system in place that ensures that you’re paying your bills on time too. Apps like Prism show you all of your financial accounts and bills, so you can make sure that you’re paying what you owe on time. Tools like this one also come with the option to help you set reminders and due dates, so you don’t have to pay any annoying late fees.
Is it time you upgraded your financial strategy with some new tech?