No Funds, My Babe, No Funds: Money Management Apps To Streamline Your Spending (And Stop Your Stress)

Keeping track of your finances takes analysis and effort.  With all of the various things to buy and ways to buy them these days, it can be difficult to properly budget for all of your wants and needs (while still managing to save enough to keep the lights on.)  Now, a money management app may be just what you need to keep from tanking all of your banking.

Designed to make you acutely aware of your expenditures as well as the effectiveness of your savings, a money management app is kind of like a calorie/exercise tracker for your financial fitness.  Through an app's smartphone interface, the user enters all of their transactions, providing them with an accurate (sometimes frighteningly so) account of what's going in and out of your bank account.  This can enable better budgeting, bank account balancing, and more.

In the modern culture of "buy now, pay later", we can sometimes forget how quickly expenses add up.  Loans, mortgages, bills, and incidentals shouldn't be juggled so much as they should be justly dealt with.  According to dailyworth.com, there are a number of good apps tailored to a variety of spending situations.

Expensify is one app that allows for the photographing and easy categorization of receipts, perfect for creating a professional expense report with little hassle.  For freelancers, a "Track Distance" and "Track Time" option clocks how much you've traveled and can bill additionally for your boutique pug grooming business or artisanal hedge sculpting or whatever.  Tags for "billable" or "reimbursable" goods and services factor into your financial statements.

Check is an app that deals exclusively with your bills, consolidating them onto one manageable place and using your credit or debit card to deal with each as needed (so no more forgetting to call the cable company until your internet zaps out.)  A pie chart and alerts show you your current bank balance, impending bills, and even a warning if you spend enough to endanger your credit (that tenth round of top-shelf tequila at the fancy bar is no excuse anymore...you'll know what's up when your funds are down.)

For those little expenditures that add up surprisingly quickly, there is the Daily Cost app, to help you factor exactly how many times a week you can afford that fancy coffee before it means taking cash out of your kid's college fund (it's really rather fast, especially during Pumpkin Spice season.)  The "simple, elegant, and intuitive" interface uses spool-style counter keeps track of items, days, and cost, and it is available in a host of international currencies.

Another popular option for cash control is the Mint personal finance app, which combines many of the above apps' features (such as alerts, budgets, and visible cash flow indicators) as well as the ability to join multiple accounts (say, for a married couple, or a very protective trust fund benefactor.)  Checking, savings, credit, and investments can all be handled here.  They offer "bank-level security" and show how it might be possible to save your way solvent.

Keeping your cash-flow woes in check is now easily handled by apps.  You'll understand your own budget better, and maybe surprise yourself with what could be eliminated from your supposed "needs."  Fill your wallet and chill your worries with some simple smartphone software.

Money management apps make it easy to decide whether you get Manolos or meals this month.
(Image courtesy fromcouture.com.)