The Top 5 Apps to Organize Your Finances

Meet Your New Personal Finance Manager

Smartphones. They help us connect with people around the world, capture and share beautiful moments (like our friends on a night out), and can even order that extra cheesy pizza we crave at 2am. Mmm, pizza. But our beloved phones can do so much more than that. They can help us get a hold of our finances 💵

Ok, it doesn't sound as fun as pizza or embarrassing your friends but it's a financial game changer so you might wanna listen up.

With the power of AI, your phone can become your very own personal finance manager, helping you to achieve your goals and make your dreams come true 🏘️

And the first step towards financial freedom? Budgeting.

If you've been struggling to keep track of where your money goes, don't worry. This blog post is gonna change your life. We've rounded up a list of five money apps to help you get your finances in order 💡

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Cleo

Your personal finance guru 💙

Cleo's a free AI-Powered money app. With Cleo, you can keep track of your finances, create a personalized budget plan that suits you, and save money. Just think of her as a money-savvy friend who isn’t afraid to tell you when you're splurging too much on online shopping or when it's time to save for that rainy day.

All you have to do is connect your bank account using Plaid and let Cleo analyze your spending in an encrypted read-only mode.

A quick run-down of features:

Budgeting and tracking: Cleo analyzes your spending patterns and helps you set realistic budgets. You can easily see how much you've spent on categories like groceries or eating out. If you're ever curious about where your money went in the middle of the month, you can literally just ask Cleo in the chat.

Saving goals: Cleo can also help you reach your saving goals faster. Whether you're saving for a vacation, a new car, or just building your emergency fund, she can assist you by setting aside small amounts regularly.

AI-Powered insights: She'll send you regular updates, reminders, and tips, in a “big sis energy” kinda way (and will sometimes roast you for your spending 🔥).

Ready to find out where your money's going?

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Mint

Mint is a free budgeting app which syncs with your bank accounts, credit cards, loans, and investments, giving you a comprehensive view of your finances.

Here's how Mint could help with your budgeting:

Syncs your accounts: Mint lets you link and sync your financial accounts, including bank accounts, credit cards, loans, and investments. By doing so, you can get a complete picture of your financial status at any time.

Budgeting Tool: Once you set your budget, Mint will automatically categorize your transactions from your linked accounts and track them against your budget. It lets you know how much you've spent so far and how much you have left, so you can make better money decisions.

Bills Reminder: Mint helps you avoid late fees and penalties by reminding you when your bills are due.

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You Need a Budget (YNAB)

YNAB is a budgeting app that follows a zero-based budgeting principle, which encourages you to "give every dollar a job". This means that every dollar you earn should be allocated towards something, whether it's expenses, savings, or debt payments.

A few of YNAB's features:

Real-Time Access: YNAB lets you sync your bank accounts and access real-time information, which means your budget always stays up to date. You can even share your budget with a partner or spouse so you can manage your finances together.

Reports: YNAB provides detailed reports to give you insights into your income, expenses, and net worth over time.

Goal Tracking: Whether you're saving for a vacation, paying off debt, or building an emergency fund, YNAB allows you to set and track your financial goals. You can see your progress and know how much you need to save each month to reach your goals.

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PocketGuard

PocketGuard lets you link all your financial accounts, including checking, savings, credit cards, and investments. It takes in all this data, analyzes your income, bills, and spending habits, then shows you what's left for spending.

A few of PocketGuard's features:

"In My Pocket" Feature: The “In My Pocket” feature calculates how much money you have left for daily spending after accounting for bills, savings, and budgeted purchases which could help reduce the chances of overspending.

Automated Budget Creation: PocketGuard auto-creates a personalized budget based on your income, goals, and expenses. The app categorizes your expenses, so you can see where your money is going, which can help you identify areas where you might need to cut back 👀

Bills Tracking: The app tracks your bills and subscriptions, and it notifies you when they are due. It also highlights if you're being charged more than usual, helping you keep a close eye on potentially erroneous charges.

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Goodbudget

Goodbudget is based on the envelope budgeting method, where you allocate a certain amount of money to each "envelope" for various spending categories. When an envelope is empty, your budget for that category is spent for the month.

Envelope Budgeting: This method helps you plan for both regular and irregular expenses. You can create envelopes for groceries, rent, eating out, and more. It promotes discipline as it allows you to spend only what's allocated.

Sync Across Devices: Goodbudget allows you to share and sync your budget with family members across multiple

Transaction Tracking: Every time you spend money, you record it in the appropriate envelope. This helps you see where your money is going and ensures you stay within your budget.

Overall, these apps aim to help users gain a better understanding of their financial situation, plan their spending, save effectively, and avoid unnecessary debts.

Here's to budgeting better ✅

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Big love. Cleo 💙