5 Finance Apps to Try in 2018

Mobile phone apps have become part of our daily lives. This is because they make our lives to be much easier. Finance apps in particular enable people to keep an eye on their expenses wherever they are. In fact, you don’t need to be a trained accountant or financial expert to be able to use these apps. Unlike traditional software that can only be installed by computer technicians, these apps are easy to install and use. Since they are designed to be supported by portable devices, they allow you to go where your day takes without any limitations. Below is a list of some of the apps that you should consider using in the course of this year.

  1. BitCoin Loophole

This app is tailored to meet the needs of all people that trade in bitcoin and other cryptocurrencies. Whether you are an average trader or a guru, the app will help you record an improved performance in the market. It’s basically a trading robot that scans the market condition based on history of the cryptocurrency and forecast the direction that the pair you are trading in is likely to take.

With this app, you don’t have to spend many hours overanalyzing the charts or seek advice from people who regard themselves as gurus. In fact, it will give an edge over the other traders because you will be making informed decisions. The advantage is that it’s ideal for both automated and manual trading. There definitely many fake robots that are sold by scammers. As a matter of fact, BitCoin Loophole is not a scam. The app only works when you use it with a genuine broker.

  1. Mint

Mint is a great app that was developed by Intuit. Intuit is actually the brain behind Quickbooks. With Mint, you will be able to account for every single cent that you spend. Whether you use credit card, cheque or cash, Mint will keep an eye all your money. The app allows you to link it with your bank accounts, credit cards and brokerages among many other financial companies. Even if you owe money to any lender, the app will monitor how you are repaying the debt. When you install the app in your device, it prompts you to create a budget for a week or a month. In case you spend more than what is specified in your budget, the app will give a warning.

  1. PocketGuard

PocketGuard is a true reflection of its name. The app helps you keep your finances in check by monitoring how money flows in and out of your bank accounts. The app then compares your expenses with your predefined budget. Interestingly, the app helps in cutting back on your expenses by finding the best bargains for the bills that you pay every month.

  1. You Need a Budget (YNAB)

YNAB is another unique app that helps to allocate expenses to your money. However the budget is determined by the amount of money that you make every month. The app gives you the option of linking it with your banks or entering the figures manually. When you link the app with your bank accounts, it keeps a record of every transaction that you make regardless of whether you are paying a bill or making a contribution to your savings account.

  1. Wally

Wally is not complicated as you might expect it to be. This is because it’s simply tailored for budgeting only. The app is designed to be supported by devices that run on either Android or iOS. With this app, you simply set a budget by specifying how much you wish to spend within a given period. The app will then monitor how money is going in and out of your accounts and then generate a report of what is remaining so you don’t run out of money without knowing.

Adam Hansen

Adam is a part time journalist, entrepreneur, investor and father.