Everyone needs a budget, but this is especially true for debtors coming out of bankruptcy and looking to get a financial fresh start. What better way to get on budget than with free and easy to use personal finance apps. Below are five of the best personal finance apps for Android and iOS:
- Level Money. This free, easy to use app syncs to your bank and credit card accounts so that it can let you know how much money you have to spend. It also tallies up your expenses and estimates what percentage of your income you should save. And if that isn’t enough, it delivers this information in an infographic that gives you a budget for the day, week, and month.
- You Need A Budget. While this program requires you to download its desktop version; its app version provides powerful finance tools that let you to create a budget and record transactions even while you’re out and about.
- Good Budget. This app adds an organizing element to the simple budget. With this program you can categorize your expenses into “envelopes.” Each envelope represents a single expense category. For example, you might have an envelope for groceries and another for utilities. As you update your transactions, cash is taken out of the envelopes so that you have an updated account of how much money you have left to spend.
- Toshl Finance. Like cute little monsters with a solid budgeting tool? Well, you’re in luck, this app delivers cute monster companions that keep you company as you create and manage your budget. This app also allows you to connect to your bank and credit card accounts, and create expense reports.
- Mint. This app allows you to do all the basic budgeting such as tracking expenses and connecting to your bank and credit card accounts, but it also provides a report on your overall financial health.
Working with the right tools after bankruptcy, you can easily create and manage powerful and useful budgets.