Three Handy Apps to Manage Your Finances

Budgeting has been dubbed as a “necessary evil,” and for good reason. Money management means you can’t just spend on whatever your heart desires, giving into every temptation that comes your way (ahh Louboutin booties). It takes a huge amount of discipline to save money, and because of that, not everyone believes that budgeting is effective, or that it even works. Yet that hasn’t stopped financial experts from developing money management apps to help us weak hearted souls with our personal finances.

With the global number of smartphone users surpassing the one billion mark at the end of 2012, a statistic shared by the operators of online casino brand Castle Jackpot, our gadgets have become part of our costly, everyday lifestyle. To help you manage your daily costs, here are three apps that will maximize your savings account:

Spendbook
Although downloading a paid app for money management seems a little counter-intuitive, Spendbook is definitely worth spending on. Budgeting apps tend to look rather intimidating to use, but the beautiful design and interface of Spendbook makes money management an enjoyable experience. It does everything you need a financial app to do: record your expenses and income, easily add transactions, and take photos and notes to describe the transactions.

Easy Envelope Budget Aid
This app is more convenient in terms of it costing nothing, compared to Spendbook. The whole idea of the envelope comes from visual aids that are said to minimize spending (think of the purpose of money jars and piggy banks). By using digital envelopes, users can learn how to keep track of their spending, eching their balances prior to spending their money, and keeping a running total of all expenses.

Wally
Another free app on the market, Wally is user friendly with its easy-to-use features. Some people find it way too tedious to make a detailed budget, and for those people, Wally is the perfect app. It solely focuses on the ratios between your spending, saving, and income. The simplicity of this app will make your daily and monthly budgeting that much more manageable.

Are there any other budgeting apps that you would recommend?

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