Real Money, Virtual Wallets

Real Money, Virtual Wallets

It’s a fact that having a budget helps you spend responsibly. Unfortunately, only 1 in 3 families keeps a household budget. www.master-of-finance.org has created an infographic that details new ways to control your finances. Let’s take a look!
Finances are complex. The average American has a monthly mortgage payment of $1,061; an average utility bill of $163, a student loan payment of $290, a car payment of $428, and a credit card debt of over $4,500. With these numbers, it’s easy to see why Americans need to utilize budgeting tools. And in this digital age, it’s easier than ever. Unfortunately, 55.8% of Americans do not use a website to manage their money, and 72.8% don’t use a smartphone tablet app to manage their money either. The younger generations, however, have caught on. Financial management app usage is three times higher for younger adults than older generations.

This infographic details some of the top financial apps, along with their features and cost. Here’s the rundown:
iPhone
Mint
Cost: Free
Special features: Link bank and credit card accounts; create budgets; spending notifications
Spendee
Cost: $1.99
Special features: See overview of all expenses; track income and expenses
BUDGT
Cost: $0.99
Special features: Track budget and/or income
Check
Cost: Free
Special features: Track investments and credit scores
Dollarbird
Cost: $1.99
Special features: Calendar view; track income and expenses
Android
em>Pageonce
Cost: Free
Special features: Track income and expenses
Mint
Cost: Free
strong>Special features: Link bank and credit card accounts; create budgets; spending notifications
Expense Manager
Cost: Free
Special features: Monitor spending in categories; see detailed reports
MoneyWise
Cost: Free
Special features: Simple account management
DroidWallet
Cost: Free
Special features: Enter balance and income
Best personal finance programs (software and Web-based):
ProgramPricePlatform
InEx Finance - Free - Online/mobile
Mint - Free - Online/mobile
iBank - $48 - Mac/mobile
CommonCents - $35 - Windows
Checkbook Ease Premium - $9 - Windows
Money Manager Ex - Free - Mac/Windows/Linux
ManageME 7 - Free - Online
iMoney - $40 - Mac/Windows/Linux
Checkbook Ease - $9 - Windows
Boachsoft Finance - $49 – Windows
There is literally an app for every system, and every device. It’s important to take control of your finances, and the emergence of these tools makes it easier than ever.
Feel free to like, share, and comment on this infographic from www.master-of-finance.org!

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Posted Oct 1, 2013
 
Views: 395
 
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Tags budgeting tools, top financial apps, virtual wallets
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