4 Tools To Help You Manage and Budget Your Money Properly
One of the most important skills we need to learn in life the ability to budget and manage our money properly. Money, no matter how small or big it is, will always be not enough for us if we mishandled or mismanage it. We often find ourselves wondering why did our money disappear in just a snap when we’ve worked hard for it for almost a month. Quite frustrating, isn’t it? You felt deprived. You felt like it the money you have right now is not enough to pay your bills while letting you indulge in your luxury and leisure. However, oftentimes it turned out that that was not the case.
Why? It’s because most of the time, the money we earned is enough for us to sustain our lives. It all just comes down to how we manage it to provide all our needs.
If you have some serious trouble in improving your budgeting skills, we recommend you to start checking out these 4 tools to help you manage and budget your money properly. And in no time, we assure you that you’ll become a master in budgeting your money!
Although this app is a paid one, but we really recommend you to purchase one because it’s really helpful for you in the long run. In fact, it’s the top pick for users who wanted to hone their budgeting skills seriously. YNAB uses a spreadsheet layout to let you create your monthly budget in just a few minutes.
Not only that but YNAB encourage you to make your budget based on last month’s income. In this way, you’ll really practice your skills in budgeting based on the income you earned. One of the mistakes we committed why we feel like our money is not enough is because we keep on upgrading our lifestyle the moment we earn more. What YNAB teaches you to do is to list down only the things you need. Enabling you to maintain a sustainable lifestyle without draining your budget.
Finally, YNAB also gives you reports and graphs to let you monitor where your money goes. In this, way you’ll see the current flow of every dollar you spend or save. Remember that every dollar you spend matters, so it’s better to spend them wisely!
2. Personal Capital
If you’re anxious whether your capital and investments are paying off, then we recommend this app for you. You can link your banking accounts, investment accounts, insurance accounts here and monitor their growth or decline depending on the status in the Stock Exchange.
It can even track your retirement plans! At the end of the year, you’ll be able to estimate how much money you’re making, and how much you’ll be getting the moment you choose to retire and start harvesting the fruits of your labor. Whether you want to just relax and have a happy life or you want to start a business, you’re now secured that you have the capital to invest.
Quicken lets you manage all your finance. Unlike YNAB, Quicken lets you connect your account to financial banking institutions automatically. This means that every penny you have, you will be able to monitor it here. Banks, savings accounts, budget, investments, credits, even your bills!
The moment you start creating your budget within the app, you can automatically pay your bills so that you won’t be tempted to use the money elsewhere. It offers you a strict discipline to manage your money properly.
You could say that this is the sister app of Quicken since it’s also developed by the same company. What’s make Mint stand out from the first is its ability to not only track your finances, but also your income, assets, liabilities, and net worth as well. It offers a comprehensive view and graphs of your spending, budgets, and trends.
Since this app is also ad revenue, you can have this opportunity to see brokerage accounts and investments accounts. If you plan to have a business later, you’ll have at least some heads upon which financial institutions are best to invest your money when you retire.
More in Big Bank Accounts
Six Things You Can Stop Buying in Order to Help Save The Environment
The world is heading towards an uncertain future as thousands of plastic bags are ending up in the ocean, fish and...April 9, 2019
These Easy Weight Loss Tricks Are So Simple You Can Incorporate Them Into Any Part of Your Lifestyle
Weight loss tricks are perhaps one of the most popular searches on the internet. Adopting a healthy lifestyle, eating in moderate...April 8, 2019
Is It Possible to Save $1 Million For Retirement Funds? Here’s Some Tips On How To Achieve That!
Did you contemplate your retirement when you were celebrating your 40th birthday? Well, your life is equidistant from your high school graduation...April 7, 2019
Yes, They Exist! These Five Celebrities Still Live On A Shoestring Budget Despite Earning Millions
When celebs make their presence felt on the red carpet, donning all those glittering diamonds and those designer gowns, or hit...April 4, 2019
Inside The Most Fantastic And Expensive Hotel Rooms In The World
They say money can’t buy happiness, but it sure can buy you plane tickets to a vacation destination where you can...April 2, 2019
Former “It Girl” Paris Hilton Opens Up About Her Decadent Lifestyle
When you are a multi-million dollar heiress, it is normal for people to be interested in your life. Paris Hilton, the...April 1, 2019
Here’s How You Can Help Save The Environment in 2019
Rapid and unprecedented changes in climatic patterns and gradually rising temperatures worldwide might be a reason to be worried about the...March 31, 2019
Here Are Six Natural Ways To Get Rid Of Morning Sickness
Pregnancy is an amazing journey for couples. From the moment the home pregnancy kit shows the test results positive to the first...March 28, 2019
Four Ways to Be Better With Your Money in 2019
As the second quarter of 2019 arrives, an annual tradition connects each and every American – the tradition of making a...March 26, 2019