Finance is one area of my life where I always like to feel that I am in control and I know what is going on. When I was single it was easy to handle, but now with a wife, her small business and a son, the financial accounts have grown and become a little more complicated. I still want to stay on top of things and like to make sure that we are doing okay, but now I get a little help from an app called Personal Capital.
I have the bad habit of never keeping a very good record of our money, in that I don’t log somewhere every time we make a transaction. With debit cards and automatic withdrawals, it has made that process so much harder, in my opinion. What I would do is that I would just check my bank accounts every day to make sure that the transactions that took place the previous day, matched up with what I thought it should be. That can be a tedious process, and so I began searching for an app that could help me out, and that is where Personal Capital came into play for me. (more…)
There are multiple theories on how to best track spending. Many people employ budgeting, while others choose to use alternative methods such as the envelope system. Personally, I’ve always found it best to simply keep track of my spending by using a checkbook app (I’m currently using Moni). But the main problem with most of these methods, especially my preferred method, is that most people simply don’t know what they’re using their money to buy.
Sure, I know in the immediate present that I purchased a tank of gas for $45, but how much am I spending on gas a month? Every once in awhile, I’ll break down my spending habits to get a bigger picture, and I’m always amazed on where I can cut costs. The problem is, it’s an extremely tedious task that I wish were a lot more simple. Developers noidentity hope to make big picture expense tracking very simple with their new app, Next. (more…)
LearnVest started out in 2010 with the mission of educating and empowering women to take control of their finances. With financial planning tools and online workshops, access to financial planning professionals (for a fee), and a free budgeting tool that rivals anything Mint.com or others have come up with, LearnVest has shown that it’s not playing around. What it’s lacked, though, is an app that puts the tools you find in your browser in your phone.
With a recent site refresh and SEC registration as a financial planner, LearnVest is adding more tools to the financial toolkit, including (finally), their own iOS app. While LearnVest still lets you know right on their mission page that their target demographic is women, everyone can use a little help, and their slick budgeting tool may be enough to make you make the switch. (more…)