No matter how well-versed you are in financial investing; it is often difficult to keep all of your affairs in order. Thankfully, as with just about anything else in life, there’s an app for that.
Whether you’re looking for an easy way to keep track of stock market reports, budget your own finances, or even get investment advice, there are several apps you can utilize to make sure you’re playing it smart when it comes to your cash.
Motif Investing
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Motif Investing, available for free on iOS, is a great app for those just starting to play the market. It lets users tinker in very narrow sectors to invest in by allowing them to choose between 90 different portfolio options.
Motif analyzes trends, world events, and ideas that could turn into potential investment opportunities and uses that information to create balanced portfolios. Your only job is to figure out which portfolios suit your interests and then customize them by adjusting the weight of each stock option.
Level
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If you have trouble keeping track of your own finances, consider checking out Level for iOS and Android. It’s a simple budgeting app that uses your banking and credit card info to create a budget for the current day, week, and month.
You can tweak each budget to your liking if Level’s suggestions won’t work for you. You can also set up a savings plan if you need help budgeting for a vacation or major purchase like a new home. As an added bonus, you’ll receive an alert if you happen to overspend so you can tone it down a bit. It’s easy to use, available on T-Mobile devices and other providers, and free, so what have you got to lose?
Simple
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It’s no secret that mainstream banking can be frustrating. Hidden fees and fine print have been leaving customers yearning for a better alternative. Well, the wait is over. Simple is an online and mobile exclusive banking service with no branches or the dreaded branded ATMs. It’s available for free on iOS and Android, with no monthly fees or ATM charges.
Simple offers basic banking services as well as comprehensive budgeting tools to help you meet your financial goals. To get an account, you’ll need to receive an invitation, but even that is simple. Just head to the app’s website and request an account.
As an extra bonus, Simple recently revealed its MoneyDrop feature, which lets customers instantly transfer money to each other.
SavedPlus
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Most people could use a little help saving money. SavedPlus, available for free on iOS and Android, makes it easy to accumulate a nice cash cushion by depositing a percentage of every purchase you make into a savings account, prepaid card, or IRA.
For example, if you set the app up to save 10% of every purchase you make, $10 will be moved from your checking account to your savings each time you spend $100. Users have reported saving up to $350 a month just by spending money!
Of course, you can adjust your settings to limit what sort of transactions the savings apply to, and you can set a minimum balance in case you’re running low on funds and don’t want any additional money taken from your account.
Earmark
It’s nice to be rewarded for good decisions. Earmark is free for iOS and Android, and it gives you incentive to meet your financial goals by rewarding you for not splurging.
Each time you pass up on a frivolous purchase, such as eating out rather than cooking at home, you can deposit the money you save directly into an account earmarked for a particular goal. Even if you don’t want to transfer the money, you can still keep track of your savings to motivate you to spend smarter.
Shares 2
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Shares 2 for iOS lets you easily view your stock gains or losses. Instead of searching through pages and pages of investment statements, you’ll be able to check out your earnings at a glance.
Simply input your stocks, how many shares you own, and how much they cost you, and the app does the rest. Easily find out the market value of your stocks and how much you’ve made in a day or overall.
Money isn’t everything, but your finances are important. These apps will help you keep track of everything necessary to ensure you’re making the most out of your investments.