Do you need help with your finances? There’s an app for that. In fact, there are plenty of tech tools to assist you in saving, budgeting, investing and more. Here is a snapshot of some of the apps that help take the stress and mystery out of money.
It won’t cost you a penny to check it out. Link your credit cards, bills, bank accounts – the more the better. Mint gives you the know-how to see where you can do better with budgeting as you track your spending. Once you see where you’re just blowing your money, make adjustments and see the results. With all that “new found” cash, increase your investments. Mint automatically updates and categorizes your money so there’s no guessing about where you are financially.
Betterment is keen on keeping you on track with your investing goals. One thing that can eat into your returns is fees. Betterment lets you see how much your accounts are costing you in fees and uninvested cash. It’s important to sync your outside accounts. Think of Betterment as your own personal financial advisor of sorts. Betterment has four portfolio strategies. They tout the merits of a diversified, low-cost index funds.
With a name like Stash you know what they’re trying to do. Some folks don’t invest because they miss the connection. Stash aims to show you how to make it personal. Invest in what you know and what matters. You can invest in ETFs (Exchange-Traded Funds) that mean something to you. For example, they have categories for investing in companies, that are eco-friendly, innovators, like Google and Facebook, leisure and entertainment or trendsetting companies. Think about your likes and philosophies — put your money there.
Sometimes you need a crew. That’s what you get with Albert – a team of financial pros to help guide your money moves. They say their “geniuses” will find savings you’re missing, uncover bills you’re paying too much for, develop a strategy so you can get rid of all that debt and more. How can you not check this out?
When you link all our accounts to the Personal Capital Dashboard you’re good to go for a total glimpse of your financial state, the good, the bad, but you don’t stop there. You can get the deets that show you why you’re not where you want to be. For example, you can analyze your portfolio and you might discover that you’re paying high fees. Personal Capital helps you not only with the current state of your affairs, but the retirement planner sets you a path for the kind of retirement you’re dreaming of.
For the trader in you, there’s Robinhood Markets. There are no commissions on trades. You get real-time market data. Another plus, Robinhood keeps you in the know, dishing up info to you via notifications in advance of scheduled events like earnings and dividends.
Ain’t no shame in change. Coins add up. Acorns shows you how. Connect your cards that you use all the time. Shop as usual. Where the good stuff comes in, Acorns rounds up your purchases to the nearest dollar. You invest the change.