Saving for a deposit can be a daunting task. With a little clever budgeting and a few automated direct debits in place, you could have a better hold on your money. So if you want to get it right, here are some top budgeting apps that will interest you.
- BudgetSimple: This tool helps you to plan your budget, track your expenses, get a good return on your savings and so much more. This web app is free and can be linked to your Bank account. However, for those who want to enjoy its offerings on Mobile devices, they pay a $5 fee on a premium account. https://www.budgetsimple.com
- Mint: It helps you access the financial flow on your investments, Bank accounts, retirement funds, Credit cards and other accounts. The read-only access functionality helps you to draw up your household budget and gives you an overview on all your transactions. It currently works with many Banks and Financial service organizations with wide coverage in the US and Canada. It also gives you the benefit of choosing from a wide array of financial products that can be you a positive balance. https://www.mint.com
- FlexScore: With FlexScore, you can input all your financial data and in 15 minutes it gives you options on how you can improve your score. It is free, easy to use and helps you to manage your funds. When the issues of mortgage, low credit scores and a change in your income level comes to bear, this application is the perfect tool to get you on the right path. https://www.flexscore.com
- Quicken: Quicken helps you organize your bills, check your portfolio and enjoy a check on your credit score. It is also easy to download and use. Your asset allocation on Quicken can also give you a good stead to carry your financial adviser along on each decision you make. https://www.quicken.com
- GnuCash: This runs on an open source system and does not need links to your Bank accounts to track your finances. It also can import Open Financial Exchange files which is used by most Financial Institutions. You can create documentation for transactions that are recurring and you can schedule all your financial moves. It keeps your accounts balanced because for each transaction, an account is debited which keeps your books straight. It is also free and can be used on alternative platformS as long as you understand the dynamics. https://www.gnucash.org
- MoneyDance: This application can print your cheques if you want it to and it handles different types of transactions with ease. It connects easily with banks despite the fact that it works as a desktop app. The first 100 transactions are free and you are required to pay $50 if you want a full license. Another advantage is that it has a reminder which prompts you on bills that are due for payment. The modules are robust and give you the edge either for investment or savings purposes. www.moneydance.com
- You need a Budget (YNAB): It offers budgeting platform, tutorial classes, an online community of users and other incentives. Due to its operational system, it also allows you to access your Bank accounts even when you are offline. It can be used freely for a month after which you would pay $60 for the app. https://www.youneedabudget.com
Playing the money game does not have to be complex; you can let these apps turn the odds in your favour!
