Anyone will tell you that successfully managing your own money requires discipline. With another tax season come and gone, it’s only natural to want to start keeping a sharp eye on your accounts. And an effective way of doing this is with an Excel spreadsheet. Whether it’s for keeping track of bill payments or how much money you have for groceries, Excel spreadsheets can give you a good hard look at your financial situation. However, with smartphones becoming a critical component of our lives, managing money on the go has become paramount (Read:Money Matters: Why Should I Use an App for That? ) . So, if you combine the power of MS Excel and the right app, you can turn your device into a powerful financial tool for money management
5 android apps for money management
1. Keep Track Of Your Accounts
Just regularly checking in with your financial overview can do wonders to helping you make good financial choices. Keep track of everything–money going out or coming in and how much you’ve got left. Knowing where you stand financially is key to managing your money successfully.
Use a document processor or spreadsheet app like Simple Spreadsheet. This way you can quickly update your daily tallies and edit your spreadsheets as you go.
2. Access Documents via Cloud Storage
When you keep track of your finances, don’t forget that you also need to work with them. As such, look into setting up a cloud drive for your tracking spreadsheets. Why? You need to keep your financial goals in mind and close at hand on your daily routine, and having easy access to those tracking sheets is certainly part of that goal.
For this, try Google Drive. With more than 1 GB of space, you can upload all the files, PDF records and budgeting spreadsheets you create and use.
3. Work With Statements And Financial Data On The Spot
Another helpful habit to develop is to work regularly with your PDF statements. Doing so will help you balance your spreadsheets. You need hard numbers to properly manage your money. So no imaginary numbers or rough estimations!
Download apps like, Able2Extract Mobile for the task. This app can perform mobile PDF to Excel conversions right on the spot. You can then use the converted PDF data within your budget spreadsheets. This app is offered by the same developers of Able2Extract 8, the desktop version recommended by AccountingToday.com for its spreadsheet conversion capabilities.
4. Document Your Purchases
As you know, one major aspect of budgeting is keeping a close eye on your purchases. Be sure to stay on top of this by scanning in your receipts as you get them from the cashier. This will serve you in the long run when filing for tax credits or evaluating your spending habits. With an app like CamScanner, you can keep everything digitally scanned and saved–for free.
5. Budget On the Go
To budget conscious people, calculations and analysis are extremely important. So before making a purchasing or major financial decision, quickly check to see if all the numbers are in your favour. With calculator apps like Office Calculator Free you can get the bottom line on how long lists of financial data add up without ever missing a thing
Reena Cruz writes for the Investintech.com blog, where she shares tips about PDF converter technology and software in general. As a tech-geek, she enjoys learning about new tech trends and sharing productivity tool tips online.