I’ve been personal finance obsessed over the past couple of months. Instead of watching makeup and beauty tutorials, I’ve been watching Dave Ramsey’s youtube channel and Stephan Graham.
They both talk about personal finance from a perspective I love, straightforward, simple advice and transparent.
What have I learned over the past few months? debt sucks (unless is making you money), budgets are your best friend, and saving feels just as good as purchasing something new! yes, really!
(Ever notice how excited you get when you shop online and you know and item is on it’s way, well I got the next best thing, move a percentage of your next paycheck into a high yielding savings account, one you wont touch, and boom pretty similar effect. Seriously I think the – serotonin release levels are quite similar….(laughs).
Anyways, I’ve found the best apps to save, budget and track your expenses to help you take control of your money, pay down debt and set some goals for yourself.
Ok, I never knew a budget was so important. When I use to hear the word budget I would automatically think “restrictions”. But is not, a budget let’s you take control of your money and set a name to every dollar. Create a monthly budget where every dollar has a name, you’ll be amazed where all your money is going.
Best Money Tracking Apps
Create a Budget: Everydollar.com
Both and app and a site, it allows you to enter your income for the month and add all your expenses allowing you to plan a month ahead and make room for what’s important.
I’ve been using it for over two years and love it. It works well at giving a clear picture and planning ahead. Download
Set Savings Goals: Money Box
Setting and tracking short and longterm goals can be fun like a game. With this app you can set a goal with a starting amount, time you want to reach the goal, ect. Then you can visualize how long it will take you to reach it.
This app can be used to save for a vacation, a downpayment, or just saving for an emergency fund. Definitely a really good app. Download
Estimate/Calculate Debt Payoff Date: Debt Free Box
This app allows you to list all your debts, including interest rates, amount ect. It allows you to decide how to calculate the pay down, whether is the snowball (paying down debt from small to largest) or paying the largest interest debt first. This app helps you visualize how long it will take you to pay each debt, also calculates when you’ll be debt free. This app Is great because it keeps you motivated and seeing the bigger picture.
You’ll see how much interest you’ll pay if you keep the debt longer, or if you pay more how much faster you’ll be done. Download
Track your Financial Health/Assets/Liabilities Net worth: Personal Capital
This app and site provide a dashboard for you to track all your accounts. Everything from your savings accounts, investments and debts. It allows you to see the bigger picture of your net worth and where all your money is.
This is a great app to see where you stand in overall financial health and you can see all of your accounts in one place without logging into multiple places. Download
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