One of the most challenging things about today’s world is staying organized. Whether it’s work, our personal life, our diet, or our money - it feels like there’s an overload of info out there to help us, but it’s almost too much. Especially when it comes to money.
Today, organizing our financial life is so much more than just budgeting.
While budgeting is a vital part of keeping our money on track, we are also saving for retirement, paying off student loan debt, thinking about investing, putting money aside for an emergency, all the while still trying to be cautious of what we spend.
It’s overwhelming, to say the least. That said, we’ve decided to make a list of some of our favorite apps that help keep us on track and make us feel a little more secure about our future.
This app is a fan favorite. We’re sure you’ve heard of it before, and if you’re not already using it, we bet you know someone who is.
The great thing about Mint is that it connects to all of your accounts and tracks exactly what you're spending. It shows what you spend on food, groceries, gas, clothes, etc. each month, which makes it really easy to know where you need to cut back.
It also shows you all your bills, so it makes planning for the month really easy.
Oh, and we almost forgot the best part - it’s free.
Acorns is an investing app that connects to your bank account and uses your spare change to invest for you. They refer to it as roundups, where it sets aside your leftover change from your purchases and invests that money for you.
You can also set aside money to “save for later” which puts it into a retirement account for you. If you don’t have a lot of money to invest, Acorns is a great way to start.
With all of our subscription services, bills and more, it’s hard to keep track of what we’re spending on these things.
Trim analyzes your internet, cable, and phone bills and will help to lower them for you. They also analyze all your subscription services to show you what you can get rid of. Then they take that extra money and put it in a savings account for you.
Say goodbye to stressing for about saving for your emergency fund; this app does all the work for you.
Another great investing app, Robinhood, is a more robust system than apps like Acorns.
Robinhood invests your money commission-free, and they give you a ton of options. You can invest in stocks, ETFs, options, or even crypto, and it does it all for you manually. It gives you a clear picture of your portfolio’s performance over time; then it helps you to learn so you can adjust your positions. It also lets you talk to a professional for only $5 if you need a helping hand.
If you’re looking for help with planning for your retirement, this app is excellent. It helps to manage your investments, rollover and 401k plans you had from previous employers and gives you advice on what retirement savings plan would work best for you. It really gives you a clear picture of where you are in your retirement.
If you’re still feeling overwhelmed, just choose one of these apps to start with. Think of what your most pressing financial goal is, and take that first step. All it takes is a simple download.
Meredith is a Philadelphia native with a bachelor’s degree in Integrated Marketing Communications from Duquesne University and has worked in digital marketing for over seven years. She’s passionate about writing to women to help them feel more confident in their financial lives.