In today’s digital age, it has become easier than ever to manage personal finances with the help of mobile applications. With new personal finance apps flooding the market each year, it can be a challenging task to find the ones that will work for your specific needs. In this article, we will introduce the top 5 best personal finance apps for 2021 that will help you manage your finances and make informed decisions.
1. Mint
Mint is a free personal finance app that offers an excellent all-in-one solution for managing your finances. With Mint, you can connect all your financial accounts, including bank accounts, credit cards, and investment accounts. The app automatically categorizes your transactions and provides insights on your spending habits and trends. Mint also makes it easy to set up budgets and savings goals and alerts you on bill payments and upcoming fees.
2. Personal Capital
Personal Capital is a popular finance app for investors looking to track and manage their investment portfolios. With Personal Capital, users can monitor their investments, including stocks, mutual funds, exchange-traded funds, and retirement accounts. The app provides a comprehensive view of your investments, as well as an analysis of investment fees and asset allocation. Personal Capital also offers a paid wealth management service for investors looking for personalized investment advice.
3. YNAB (You Need A Budget)
YNAB is a popular personal finance app that focuses on budgeting and helping users save money. The app offers a proactive spending method that encourages users to prioritize their spending and live within their means. YNAB syncs with your bank accounts and provides an in-depth analysis of your spending, helping you identify areas where you can save money. The app also includes helpful features such as goal tracking and debt management tools.
4. Acorns
Acorns is a unique personal finance app that helps users save and invest money by rounding up their purchases to the nearest dollar. The app connects to your bank accounts and credit cards and automatically invests the rounded-up amount into a diversified portfolio of ETFs. Acorns also offers a retirement savings account and a checking account with no minimum balance requirements or overdraft fees.
5. PocketGuard
PocketGuard is a personal finance app that makes it easy to manage your money and monitor your spending. The app syncs with all your financial accounts and tracks your expenses, income, and savings. PocketGuard also includes a budget planner and customizable spending categories that help you stay on top of your finances. The app provides alerts on bill payments, overspending, and unusual transactions.
In conclusion, choosing the right personal finance app can help you take control of your finances, saving you time and money. The above five apps are great choices for individuals looking to manage their finances, invest their money, and keep on top of their budgets. With their user-friendly interfaces and useful features, they can help you achieve your financial goals in 2021 and beyond.
