By Lucy Rome |
Managing your finances has never been easier thanks to growing technological advances in finance apps. The apps will help you to save money, budget for upcoming and monthly expenses and also let you know about the last date to submit dues in order to avoid overdraft and late fees.A range of money saving apps have been designed to help you keep track of your finances from your phone.
Budget apps will act as a personal finance advisor and guide over your budget and help you to know when to spend money, identify when you are about to waste money and how you can save money.
1. Kids Finance
Kids Finance teaches kids about finance and money matters. Parents use an in-app token called Ki-Fi to pay allowances and reward completed chores, and parents set the conversion between Ki-Fi and real money. The app has an option to combine it with a payment card with parental safeguarding options.Kids Finance is entirely free to use with the Ki-Fi functions. You can download an iOS app that works equally well on iPhone and iPad or an Android app. The payment card functionality is not part of this review and may entail extra charges.
Devices: Android, iPhone, iPad
2.Math for Money
MathforMoney is a money tracking app for kids and parents. Parents define a rate of pocket money and interest, then kids complete maths challenges set by the app to earn their pocket money. No money is ever transferred to or from the app; it works purely to track what kids have saved from the money promised to them by their parents and incentivise them to earn it.MathforMoney is available on Android and iOS devices as a free download. It is designed for phone-sized devices but will work on iPads. A one-month free trial is followed by a monthly subscription to keep using the app.
Devices: Android, iPhone, iPad
3.GoHenry
GoHenry is a financial education app and pre-paid debit card provider for kids.GoHenry helps teach children how to manage their money, plus it also comes with a customisable debit card, app, and clever parental controls. GoHenry is an easy and fun way to pay your kids pocket money and teach them good money habits. GoHenry is available for free to download on iOS or Android devices.
Devices: Android, iPhone, iPad
4. Greenlight Debit Card for Kids
Greenlight MasterCard debit card for kids offers a lows cost, safe way for parents and their children to manage their money together. Greenlight app is available for free to download on iOS and Android devices.
Devices: Android, iPhone, iPad
5.Mazoola
Mazoola is a virtual Mastercard debit card for kids. You won’t pay a dime to maintain this account or to assign chores, pay allowance, set savings goals and spend money anywhere contactless payments are accepted.
Devices: Android, iPhone, iPad
BusyKid is a chore and allowance app that provides an easy platform to manage your child's weekly allowance based on the tasks they complete. BusyKid is available for free to download on iOS and Android devices.
Devices: Android, iPhone, iPad
7. AskUltra: Entrepreneur Mentor
AskUltra app is a guide and support tool for teaching kids about business and entrepreneurship. It provides knowledge and encouragement for children who are interested in turning their ideas and skills into a business either now or in the future.It is available for both Android and iOS devices. The app is free to download and the full content is available by taking out a subscription.
Devices: Android, iPhone, iPad
8.Venmo
Venmo is is an app designed primarily to send money to friends, with an embedded social aspect. The app belongs to PayPal, a company that's long been able to spot trends in personal finance, and it works as well as you would expect it to work. It's intuitive and features great security to protect your financial information.For those who wants something a little socially rewarding, Venmo offers that too, allowing users to share and interact with others purchases (though you can make your payments private if you prefer). Transfer fees are also very affordable: debit card and bank transfers are free, credit card transfers are 3% of the balance, while instant transfers from your Venmo account to your bank account cost 1.5% of the amount transferred.
Devices: iPhone, iPad
9.Wally - Smart Personal Finance
Wally is well-known finance app with clear interface that lets you take control of your money. The app is completely secure, free and private that allows you to save receipts with each transactions and provides backup your data with iCloud.Money saving apps can make the process of saving money easier over time.
Devices: Android, iPhone, iPad
10. Goodbudget Budget Planner
Goodbudget is a fairly popular app for budgeting. Goodbudget allows you stay on top of your bills and finances in this virtual envelope system. You share and sync your budget across Android, iOS and even the web, making it great for people with shared finances.
Devices: Android, iPhone, iPad
11. HomeBudget with Sync
HomeBudget is an integrated expense tracker tool that helps you to track your expenses, bill-due, account balances, income and more. The app includes Family Sync that allows a group of devices to exchange expenses and income information and lets you to work together within single budget.
Devices: Android, iPhone, iPad
12.WorldRemit
WorldRemit is a Great money transfer service. WorldRemit is highly reputable and trusted by more than 4 million customers, is often the cheapest option, has a very high number and percentage of positive customer reviews on TrustPilot, and is easy to use.WorldRemit’s mobile apps have great ratings on Apple’s App Store and Google’s Play Store. With WorldRemit’s mobile apps, it’s easy to send money from your smartphone in a few taps, receive alerts with the latest exchange rates, and check the status of transfers.
Devices: Android, iPhone, iPad
13. Google Pay
Google Pay is the Google payment system which allows you to make payments in the safest way possible. You'll no longer need to carry your credit cards around with you, preventing them from being misplaced or stolen, and ensuring no money is lost from your accounts.
Devices: Android, iPhone, iPad
14. Cash App
The Square Cash App is mobile credit card processor–Square’s answer to the growing popularity of peer-to-peer payments. The Square Cash App does pretty much the same thing as Venmo, but without the social features. You can send money to, or request from, anyone with a Cash account, and funds are drawn from a linked bank account via debit card at no cost.Cash has a wallet feature, like PayPal, or the ability to send from a linked account without holding funds in your digital wallet. Square recently added the ability to buy and sell Bitcoin to the Cash app as well, which gives it a unique feature compared to other popular payment apps.
Devices: Android, iPhone, iPad
15.PayPal
PayPal is a popular payments app that makes it simple and convenient to send and receive money domestically and internationally. PayPal is available for free to download on iOS and Android devices.PayPal offers the ability to transfer money to and from any U.S.-based bank account and many foreign accounts. There is no fee to transfer funds to family or friends from a PayPal balance or bank account balance, but PayPal does charge fees to send from a credit card or convert currencies.
Devices: Android, iPhone, iPad
16. PiggyBot
The only parent-designed, kid-tested allowance app that helps kids spend, share, and save smart.
Devices:
17. FamZoo Family Finance
FamZoo is a financial literacy app that lets parents set up a virtual bank for their kids. Famzoo introduces children tothe realities of banking, saving and investing.The FamZoo mobile app is available for Apple and Android, and it has excellent user ratings.
Devices: Android, iPhone, iPad
18.RoosterMoney
RoosterMoney is a pocket money allowance manager, chore chart, savings tracker and piggy bank all within a single app. RoosterMoneyhelps kids save money and learn valuable life-skills.Parents sign up to a digital tracker which allows their children to keep track of their money, save towards goals and earn rewards, while parents oversee it. Children learn to manage their money between “pots” labelled spend, save, give and goals. It also gives children the chance to earn extra cash for reaching certain “achievements” and completing chores. The cost is free for the basic package, or £1.99 a month for RoosterPlus.
Devices: Android, iPhone, iPad
19. Zogo
Zogo is a fun mobile app that teaches you what you need to know about money. And you can earn gift cards from some of your favorite brands! Zogo app is available for free to download on iOS and Android devices.
Devices: Android, iPhone, iPad
20. PocketGuard
PocketGuard is a budgeting app that gives users a holistic view of their expenses and cash flow to help save more money each month.
Devices: Android, iPhone, iPad
21. YNAB (You Need A Budget)
You Need a Budget or YNAB is an app for budgeting for those who want to take a very hands-on approach to forward-thinking matters of money.
Devices: Android, iPhone, iPad
22. Stockpile
Stockpile is an app-based brokerage that aims to make investing in the stock market less intimidating, more accessible and engaging for kids.Stockpile offers shares of +1000 businesses, so your child will surely find companies he knows and loves.
Devices: Android, iPhone, iPad
23. Mint: Personal Finance and Money
Mint is probably one of the best money saving apps out there in terms of finances, and I see why: It allows you to connect your bank account directly with the app, so all of your deposits and spending automatically update. It also allows you to pay bills (including things like student loans) directly from the app. Hypothetically, this should help you avoid things like late fees or overdraft charges because things are organized all in the same place.This free and easy app helps you spend smarter and save more money. You can keep track of all your accounts and plastic in one place to see the details of your spending down to the penny.Enter your spending categories for food, transportation, entertaining, taxes, things you buy, and Mint will automatically organize them and create a budget saving you lots of cash.
Devices: Android, iPhone, iPad
24. Splitwise
Splitwise is a free app that allows consumers to split expenses with friends. Splitwise is great for students because it takes the awkwardness out of paying friends back for shared costs. Simply log the expense in the app and when you’re ready to settle up, you’ll see exactly how much everyone owes!Splitting costs is an inevitable part of being a student. Whether you’re splitting the bill at your favorite on-campus restaurant or dividing the rent between you and your housemates, things can get messy without an app to keep track of it. Perfect for trips, housemates, friends, and family, Splitwise makes it easy to share the costs.Splitwise download is available for iOS (iPad and iPhone) and Android devices as well as on desktop (PCs, laptops and Mac computers).Dividing bills has never been easier. The app allows you to split payments across groups, different categories of events and most importantly manage what you have to pay.Check out these 10 money saving apps that will not only help you save you money, but also better manage your finances.
Devices: Android, iPhone, iPad