Budgeting Apps Can Help! (Article)


Budgeting Apps Can Help!

What better way to start 2021 than with a new budget! If you’re reading that previous sentence and not jumping up and down, you’re not alone. Budgets can be daunting at best and completely overwhelming at worst. Building one on your own can be tedious, confusing and time consuming. Why not let a mobile app do the heavy lifting? The budgeting apps of today have so many useful features (hello bill pay alert!) and, generally speaking, are free!

Do you prefer zero-based budgeting where you allocate (save or spend) every dollar of income? Maybe you prefer a modernized spin on the old-fashioned envelope method, or perhaps, you want to share the budgeting process with your significant other. Whatever your preference, trust me, there is a budgeting app out there for you!

Not so fast though… Before getting started with your fancy new app, you will have to do a little homework. Make sure you pay attention to the ratings and read the reviews! Consider checking with family and friends to see if they have any recommendations. You may even find your current bank a useful resource in your research.

Whichever app you select, here are a few features to look for:

Features You Should Looks For:

  • Ability to link to bank accounts and credit cards
  • Sync transactions
  • Categorize expenses
  • Strong security measure in place

Features That May Interest You:

  • Free to download and use
  • Access on multiple devices
  • Credit monitoring

Happy budgeting!


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