As the world becomes increasingly digital, financial management has never been easier. With just a few taps on your smartphone, you can check your bank account balance, pay bills, and even invest in the stock market. In this article, we’ll take a look at some of the best financial apps for managing your money in 2023.
- Mint Mint has been a popular choice for years, and it’s easy to see why. The app allows you to link all of your financial accounts, including bank accounts, credit cards, and investment accounts, in one place. You can set a budget, track your spending, and receive alerts when bills are due. The app is free to use, but it does make money by recommending financial products like credit cards and loans.
- Personal Capital Personal Capital is another popular app that offers a comprehensive overview of your finances. It allows you to link your investment accounts, track your net worth, and even get investment advice from a team of financial advisors. The app is free to use, but you’ll need at least $100,000 in investable assets to take advantage of the investment advisory services.
- Acorns Acorns is a unique app that helps you save money by automatically investing your spare change. The app links to your debit and credit cards and rounds up your purchases to the nearest dollar. The difference is then invested in a portfolio of ETFs. The app charges a monthly fee of $1-$5, depending on the level of service you choose.
- Robinhood Robinhood is a popular app for investing in the stock market. The app allows you to buy and sell stocks, options, and cryptocurrencies with zero commissions. The app is free to use, but it does make money by earning interest on uninvested cash balances and by selling order flow to market makers.
- Venmo Venmo is a peer-to-peer payment app that allows you to easily send and receive money from friends and family. The app is free to use, but there is a 3% fee for sending money using a credit card.
In conclusion, managing your money has never been easier thanks to these financial apps. With just a few taps on your smartphone, you can check your account balances, track your spending, and even invest in the stock market. So why not give one of these apps a try and see how much easier it can make your financial life in 2023?