The 4 Best Personal Finance Apps for Android
Whether you're looking to build a budget, track your expenses, pay back loans, or improve your credit rating, there's an app for you in the Google Play store.
Before the dawn of technology, you had to plan your personal finances using the good ol’ pen-and-paper method. But now there are a plethora of user-friendly apps available that are designed to handle all of your money matters. The following will tell you about four of Android’s best personal finance apps.
Money Managing: Mint
Although the Play store offers many personal finance apps, Mint is one of the most detail-oriented. Designed by Intuit Inc. — the makers of TurboTax and QuickBooks — this all-in-one app connects to your checking, savings, and credit card accounts. Using this banking data, Mint lets you design a budget and monitor your expenses and money habits. It will even remind you to pay your bills on time! Other perks include advice on how to improve your spending and a free, detailed credit score.
Tracking Expenses: Wally
What’s the best thing about using Wally to track expenses? You can upload data by taking photos of your receipts! Instead of waiting until the day’s end to tabulate your expenses, you’ll be adding to your list throughout the day. Wally also allows you to set personal finance goals, like your spending targets and ideal budget while taking your income into consideration.
Improving Credit: Credit Karma
Trying to qualify for a loan or rent your dream condo? Credit Karma can help fix up your credit rating. Through TransUnion and Equifax, this app monitors your credit scores for you, while suggesting constructive ways to improve them. Credit Karma also provides resources on credit cards, loans, and mortgages that your current credit rating could qualify for.
Paying Others: Venmo
Run by PayPal, Venmo is an app that lets you pay back personal loans, using your debit account or credit card. That $20 you owe your buddy from way back when? Send it to them over Venmo. The transaction will show up in a “news feed,” where you and friends can comment on it, just like on a social media app. Venmo is perfect for splitting the tab at a restaurant, chipping in for friends’ fundraisers, or even buying from a company. Some restaurants and retail stores even accept payments with Venmo.