Budgeting, especially during economic uncertainty, is crucial to maintaining a safe financial future. When outside influences impact our finances, there are tools at our fingertips that provide round the clock assistance.
There are a growing number of finance apps available according to Forbes, ranging from simple budgeting to more advanced investing options. As more options become available, apps are offering users new alternatives to managing their money. In fact, taking control of your finances with the help of mobile technology has never been easier.
Beginning with a Budget
Managing where your money is going can be a streamlined process with the right app. With the help of a program like You Need A Budget, breaking down your paycheck is effortless. Ranking on Apple’s App Store with a 4.8 rating, and featuring a free 30-day trial, YNAB will link your bank accounts and offer strategies to eliminate any debts. Users can set their own finance goals, view virtual spending reports, and reach out to 24-hour customer support.
Tracking Expenses in A New Way
Tracking your spending habits is a key component of maintaining healthy finances. Both Investopedia and The Balance recommend Wally. Created as a tool for users looking to organize their personal expenses, Wally will let you take a photo of your receipts instead of manually entering your spending details. They offer premium features, such as currency conversion and family management tools, for those looking to take the next step.
Invest in the Future
Becoming a savvy saver is increasingly accessible with apps like Mylo. Listed as one of Canadian Living’s top choices, Mylo will take your purchases and round to the nearest dollar, taking the extra funds and investing them at a risk level that is comfortable for the individual user. The innovation of this app allows everyday users to begin saving without the complexities of portfolio management; they can begin to grow their wealth at an appropriate rate while offering accelerated features for those who feel comfortable making additional investments.
How a Developer Can Help You Get Started
If you have an idea for a new budgeting app that will wow users, you’ll need to make sure you choose a developer like Guarana Technologies, who understands the goal of your idea. Once you have defined a clear scope, you can move on to deciding how to approach building the wireframe (the visual concept) and the user interface (everything the user can see and interact with). Depending on how your developer approaches these features, it is a multistep process that requires clear communication between the developer and the client.
As a business looking to expand into financial app development, be sure to choose a developer that understands the growing market trends and is confident in their ability to create a user-friendly experience.
Working with the right developer means having someone in your corner to not only take your vision and make it a reality, but to coordinate and consult with you every step of the way to make sure it turns out exactly as you envisioned it.
