Before banking as we know it today came into full effect with debit and credit cards, cash was all that we used. Now with the switch towards plastic, many people are using their card for everyday transactions such as buying lunch, purchases on Amazon and other expenses. This growing trend has meant keeping track of funds has become much harder. Some of us even get our monthly statements electronically, which means knowing your exact balance at any given time can be even more difficult, and those of us who check online often wonder “how did I spent that much?!”. Here’s a rundown of some of the best apps to help you take care of your money.
Account tracker has had a great reputation ever since launch in 2010, and was voted the staff favourite by Apple in July/August 2010. Available for iOS and Windows phone, this app allows you to set up different accounts, track budgets in different categories, view spending and much more. It’s even available with Cloud backup so you won’t ever lose any of that valuable data. This popular app even has alerts for when you are nearly overdrawn!
Calculator 12 in 1
This handy app has every calculator you’ll ever need. This little tool contains a scientific calculator, with most functions you will need, a unit converter, stats calculator, graph modes, equation solvers, base converter, world clock and much more. A handy calculator, which will help solve problems in every situation.
This Android app is very simple, and often much of money management is looking after the pennies, so the pounds take care of themselves which IOU Pro helps out with. Excuse the pun, but with simple IOU reminders, you can take care of small payments for friends and colleagues which may go under the rug, adding up in the long term.
12C Financial Calculator
This is the official emulator of the HP 12C Financial Calculator. With apparently better performance and functions than the real calculator and about a tenth of the price how can you go wrong? This app shows you the time value of money, cash flow analysis, bonds, depreciation, loan payments calculation and much more. One for all the accountants on the go!
For all of you who have a PayPal account this app can be handy, as it allows you quick access and a mobile/tablet view in comparison to the sometimes tricky desktop interface. Essential for having a quick overview and making payments when on the go! A quick tip from us is to make sure you don’t automatically get registered into a yearly subscription if you only require a one off payment.
MyMoney allows you to manage your money and keep track of it on the go. This app sets itself apart from the others on the market by being simple and effective. With all the core features on the home screen, this is one for all those who want to keep track, without having to delve into complex features.
Pocket Money is great in that you can sync it across all platforms. iPhone/iPad, Android and desktop. After plugging in your income and expenditures, you can look at your budgeting and set up automatic payments and export to Microsoft Excel. This app give you lots of visuals, with these graphs helping you identify areas in which you can potentially tighten your belt.
More for those of you who have stocks and shares, the Bloomberg app is great for the latest trading news and analysis. Great for those users of every level, whether you are a trader or have a few shares knocking about. With the sheer amount of data and analysis on this app, it is recommended for the larger tablets than the small handheld devices.
Easy Books is a bookkeeping app which makes sending out repeat invoices for sole traders and small limited companies simple. For those of you who want to record your transactions, but without the hassle or price tag which comes with the renowned Sage software. This app has all the basics you need; receipts, payments, invoicing, VAT calculator as well as Profit and Loss accounts and Balance Sheets.
Google Docs – My Budget and more
Google docs has the advantage that you can connect to it from any internet source and isn’t platform specific. Here you can find some free templates to use, which you can fill in with monthly income and outgoings in order to budget and save yourself some hard earned cash.
This app is available for both the Android and iPlatforms with synchronisation to Mac and Windows operating systems too. This app is clean, with visual segments for your budgeting. It tracks your expenses, income and payments. Some of the best features include bill reminders, budget rollover and the ability to choose a different base currency for each account which can be useful for the international business man out there.
That just about completes the post. There are loads of money management apps out there, all of which will have you saving in some areas. All you have to do is get thinking about spending wisely and cutting costs where available.
This article was written by David Lewzey behalf of income protection company helpucover. helpucover are an insurance company who offer a range of cover from household insurance, car GAP insurance and gadget cover. helpucover is a trading style of Pinnacle Insurance plc. Visit online at http://www.helpucover.co.uk/