There are literally hundreds of personal finance -related iPhone apps coming out every month, so it’s pretty hard to figure out which ones work the best. However, here are ten hand-picked apps that are not only helpful and easy to use, but also completely free. These smartphone apps will help you manage your personal finances on the go and keep your money in order at all times.
No matter whether you are at work or on vacation, at your home or traveling the country, you will always have your finances at the tip of your fingers thanks to these handy and very useful money management tools for your iPhone.
Free iPhone Apps For Managing Personal Finances
The simplicity and basicness of this app is probably its most appealing feature. It allows you to manually enter all of your expenses and your income so that you can keep track of your money at all times. Once you enter your new expenses or your latest paycheck, the app recalculates and updates your balances automatically. If you have a recurring expense like a tuition for a class that you pay every month, you can set the app up so that it automatically enters in that expense every month.
Even though the full version is more powerful, the lite, free version of the app still gives you tons of excellent money management options. This is yet another very simplistic and easy-to-use app. Once you set up a monthly, weekly or daily budget, you can enter in all of your expenses and the app automatically deducts these amounts and lets you know when you are nearing the limit of the budget that you have set for yourself. It is an excellent tool to use if you have a problem with controlling your spending and buying frivolously.
If you are getting around by car mostly, then gas is probably one of your most serious expenses in life. This app will enable you to measure how efficient your car is in using gas, but it will also provide you with an archive of gas stations in your vicinity and show you where to go to fill your tank up for the least amount of money possible.
This basically just a very easy way to calculate how much money you should leave for a tip. Just enter in the amount of the bill and the top percentage for the app to instantly tell you how much you need to add for tip. If you are splitting the bill with a couple of people, the app can take that into consideration as well.
Living a debt-free life is almost impossible these days, and this app can help you keep track of all the money you owe. No matter what you are paying off – your car, home, credit cards or student loans – Debt Tracker will help you to sort it out. You can even make a personalize plan with the app. Just input the date by when you want to pay off a certain debt, the amount of debt you are in, and what your interest rate is, and Debt Tracker will guide you toward reaching your goal.
This is an excellent tool for the simple management of your credit cards . Store all of your credit card information here securely and have it available when you need it. This is great for people who have a lot of credit cards and people who might use a couple of their cards seldom and don’t want to have to try and remember all of their PIN numbers or carry this type of information in their wallets or pockets.
Mint.com is one of the most well-respected and popular budgeting tools on the Internet. The app is free, but you must first register a free Mint account online in order to integrate the two. The app connects your phone to your bank accounts and enables you to track or spending and income effectively and create budgets for every aspect of your life in order to keep your spending in check and keep all your monetary transactions well-documented.
This is the perfect app for people who hate compiling expense reports. It syncs with your various credit cards and bank accounts in order to track all of the purchases related to your business activities that were made. It also enables you to not only easily create and save digital receipts, but also take pictures of your paper receipts and catalogue them accordingly.
This is one of the most popular free mortgage calculators because of the simplicity of its interface. If you already have a mortgage, it can help you with paying it off effectively and never missing a payment. However, if you don’t have a mortgage yet, this app is handy in planning it out and letting you know how much you will have to pay on a monthly or yearly basis in order to be able to afford buying a home in whatever price range.
This is a perfect app for people who are really into stocks and need to check how theirs are doing regularly. Just like with most of these apps, its popularity comes from the fact that it is extremely easy to use. You can set it up to give you regular updates of your most important stocks and get real-time quotes on all of the stocks that interest you most. It’s also a great tool for learning how the stock exchange works if you are looking to get into it eventually.
Mobile phone apps continue to be created at a fast rate in response to our demand for them and the way in which we live our lives today. Financial management is yet another aspect of life that we can take on the road and integrate into our increasingly mobile and Internet-centric personal affairs.
David Lazar is a blogger at. With a background in journalism, he enjoys writing about and following a variety of topics, including careers, technology and new media.