3 Apps That Will Help You Stabilise Your Finances
Perfecting your finances is a difficult job, but in order to achieve financial freedom, it’s something we must work on. With the whole process being so long-winded and difficult, some people may benefit from working with external help. We understand how frustrating and overwhelming financial management can be, especially if you are at the beginning of your journey. However, thankfully, there are so many options you can take in relation to your management that allow you to find the right path. One of which includes the use of apps. Apps can help us stabilise and control our finances through a new approach using modern technologies. To speed up the process and help you perfect your finances as soon as possible, we have found three apps that could be of use to you.
There are hundreds of budgeting apps available to download onto our phones, tablets, and other web-enabled devices. One of the most popular ones is Plum. Plum is a multi-purpose app that allows you to learn more about your individual finances. The app has a number of unique features that will assist the consumer in interacting with their finances in a beneficial way. It is best known for its budgeting capabilities and for helping you gain insight into your spending. Not only that, but the app can also help with investments. Not to worry if you’re a beginner, Plum will help explain how it works whilst offering seven options you could take. To use the app, you will need both a valid postcode and a bank account that is linked to the country you’re signing up from.
Another app that could be beneficial is Emma. Emma works similarly to Plum, with the idea of using new technologies to help improve the financial capabilities and management skills of its users. The app has countless features to help you with your financial wellbeing. A few of these features include setting budgets, tracking spending, payday countdowns, debt repayments, and even subscription cancellations, etc. Emma acts as your personal, free-of-charge financial advocate. The app is available for download on both IOS and Android. However, the creators are currently focusing on the mobile version and have not yet released a desktop or tablet version.
Quirk is a unique app that allows you to gain control and feel good about your personal finances. They understand that financial management can lead to unwanted stress, so they have introduced a new method of smart budgeting. The app uses artificial intelligence and provides helpful services that allow you to feel secure in your financial decisions. Quirk offers a fun and interactive approach to budgeting by categorising you and your finances individually into one of four categories. These include the optimizer, the explorer, the artist, and blissful. So, which money type are you?
Budgeting and money management apps don’t always work for everybody. Everybody’s progression and personal learning abilities are different. Therefore, some methods that may work for you may not work for those around you. Thankfully, there are plenty more opportunities you could utilise in order to successfully budget or avoid falling into debt. If you are currently struggling with your finances and you’re looking for a short term solution, payday loans could be something to consider. However, before completing any applications, we advise you to conduct your own research into the risks they could have on your finances if used incorrectly.