If you are looking to take control of your money management efforts, you may want to consider downloading a money management app. These apps are easy to use, which means that you’ll always have a pulse on your financial situation. Tracking your finances is one of the first moves you’ll make to grow your net worth.
  

REASONS TO USE A MONEY MANAGEMENT APP
There are several advantageous reasons to use a money management app. Some reasons include:

• REAL-TIME DATA
  Back in the day, people had to balance their checkbooks to figure out how much money was in their account, or even wait for the bank to send them a statement each month. Now, you can see the exact amount in your accounts at the touch of a screen.
  
  
• AUTOMATIC CALCULATIONS
  When it comes to balancing your checking account or knowing how much you have available on your credit cards, the money management apps do all the math for you.
  
  
• NEVER MISS YOUR PAYMENTS
  Money management apps can notify you when you have a payment due or if you’re at risk for over-drafting on your account.
  
  
• PEACE OF MIND
  Gone are the days when people wondered if they could afford something. Now, money management apps help you to budget, plan, and spend your money wisely. 

  
MONEY APPS TO CONSIDER
Now that you understand how beneficial money apps can be, here are a few you may want to consider.

MINT
Mint is owned by Intuit and helps users monitor their spending as well as keep track of their account balances. Mint also allows users to easily look up their credit scores and keep track of their debts.

Users love that this app is free and has an easy-to-use interface. Additionally, it is backed by Intuit, so users have access to several free, premium features. The only downside is that there is limited retirement tracking available.

ACORNS
When you download Acorns, it helps you to invest your spare change by rounding up each purchase you make to the next dollar. Then, the spare change is invested each time your round-ups reach $5.

Acorns is especially helpful for young people who have not yet started investing. Plus, it’s free and simple to use. However, some users get frustrated that it withdraws $5 at a time from your accounts to invest rather than automatically taking it from each purchase.

PRISM
This free app is like Mint in that it helps you visualize your spending habits. You can create a budget in the app and track how much you spend each month.

Users love that they can track all their income and expenses as well as that their accounts automatically sync with the app. They can also track their bills, and the billers are listed in their system for easy access. While the app is free, there are ads in the app and there may be service fees if your bills go unpaid for a set amount of time.
  

SPENDEE
This expense-tracking app costs only $1.99 a month or $14.99 for a year subscription to get the Plus plan. Users can connect their accounts and get detailed reports, view their spending in specific categories, and create personalized financial plans. While the app is easy to use, some users prefer free apps that offer comparable services.

YNAB
You Need A Budget (YNAB) is often referred to as the ultimate budgeting app and is for anyone who wants to get started with a budget and stick to it. The robust platform operates on the principle that ‘every dollar has a job’. This means that users are encouraged to assign every bit of their income toward a budget line item.

It is very secure, and users have access to exclusive workshops and educational opportunities. The only downside reported by users is that the $80 price point is expensive and that the spreadsheet approach can be intimidating.

THE BOTTOM LINE
All these money apps can help you get your finances in order. From budgeting to bill paying, and spending to saving, these apps can keep you accountable for your financial goals.