Today, let's talk about the stressful subject of money.
Like seriously, how many times did you fight about your finances with your partner? How many times did you feel embarrassed because your card was rejected?
It's time for it to stop!
Money should not stress you out, instead, money should be a tool to help you create amazing experiences in your life.
This is why I decided to share with you a few apps to manage your money from your phone.
I do almost everything on my phone, especially staying on top of my finances.
If you have an Android phone, you can create a group of apps to keep them together. On my phone I have a group named Money with all of the following apps in it.
1. Manage your Bank Accounts
One of the the first apps I downloaded on my phone was the app for my bank. I think nowadays every bank has their own app to help you manage your account.
Since I have it on my phone, I never go online.
The app of my bank sends notifications when my account is getting close to 0 so I can transfer money and avoid overdraft fees.
It also allows me to transfer money between my accounts and to other people.
And the app has cash back deals that I can select directly on my phone when I go to a restaurant or shopping.
If you haven't done it yet, you should definitely download the app of your bank and check out its features!
2. Pay your Bills
Since I discovered Prism a couple of years ago, my life has been so much easier!
First of all, I have a tendency to accumulate mail in a corner of my living-room and look at it only once in awhile ...
So guess who was always late paying bills and stressed out about it ...
Now, I pay most of them on my phone and the ones that don't have payment available through Prism I set up a reminder within the app to get a notification when I need to take care of them.
With Prism you can pay everything:
- credit card
- and more
It has a lot of cool features like a graph for each biller to compare your payments history. It will also let you know if one of your bills is higher than usual and if you see an issue you can contact the biller directly from the app.
In summary, since I use Prism I have no late bills!
The app is free and is really easy to set up, so I highly recommend downloading it.
It's available on most of the platforms.
3. Improve your Credit Score
When my husband first told me about this thing called a credit score, I thought he was making fun of me.
It was hard for me to understand why, in the USA, people place more value in the fact that you are paying back money, rather than saving the same amount of money to buy things in full with cash.
So I had to start building my credit score by buying a car and putting down only half of it instead of saving to buy it full price.
A couple of years later, my credit score was good enough for me to get a loan for a house!
But then, it went all down with my non management of bills (like I mentioned in point 2) and also because of an issue with the biweekly company that missed a payment.
Lets just say that I needed to improve my credit score to refinance the house.
And that's when I discovered Credit Karma.
I started using it only 4 months ago and my credit score went from 661 to 748!
Credit Karma will show your credit score from TransUnion and Equifax every week with details on which factors need to be improved.
The app will tell you how to improve every factor. Sometimes it is simply a matter of time, but there are also some actions that you can take to improve your credit score.
Credit Karma is free and is available on both iOS and Android
So head over to their website today to Credit Karma will show your credit score!
4. Make Money on the Go
This is a new thing for me 🙂
A couple of months ago I started doing surveys on my phone just for the fun of it.
The idea is simple, you sincerely respond to questions. Some of them will make you watch a future ad, some of them you have to go to a specific place, some you need to listen to music, ...
It's fun and you get money for every survey you take*!
For now, I have two apps on my phone:
You should check out both of them and see which one you like the best.
5. Budget and Keep Track of it
I personally have to write down my budget on paper every month but I know a few of you prefer to have your budget online.
From all the apps I have tested, I think Mint is the best one.
I love Mint, and I have friends who have been using it for years.
It all depends on what works the best for you.
Mint offers many features:
- Track & pay bills
- Manage your budget
- Improve your credit score
So if you are in the market for a free app to help you manage your budget, check out Mint.
Over To you
What app do you use to help you manage your finances from your phone?
Share them in the comments so we can all have a look at them!