Top Budgeting Apps To Manage Your Finances During The Holiday Season
Christmas is a great time for families to get together and create festive memories for the future. However, in comparison to the rest of the year, you notice your bank account making more debit counts, rather than credit counts during the holidays. Necessities such as groceries and car fuel are increased as trips to the mall and restaurants during the holiday season increase at the same time as well. While this extra spending may worry you with the expected budget going all out, having money management skills is a lifesaver. Especially if employment rates are unsteady with the economic recession on the rise in the country as well.
Not only will this skill come in handy during tough times but help you save tremendously as well. Another option is to simply download a budgeting mobile app on your smartphone and you are good to go! While there are plenty of mobile apps available on both Apple and the Google Play store, it is how you handle your money woes, which shows your capability with financial management. Nevertheless, all that goes in vain, if you have a slow internet connection, to begin with!
Don’t Let Your Slow Internet Connection Obstruct Your Digital Development
With more and more industries taking the digital route, transitioning traditional work patterns onto the digital sphere is only possible if your internet connection has a decent bandwidth. Although nobody wants an internet service that is often down, especially during the festive season, it’s commonly suggested that you reach out to an internet service provider, such as Wave Internet, which is not just extremely affordable but also recommended for its premium internet service.
In addition, this internet service provider comes with some great deals and packages that offer amazing internet speeds and uninterrupted Wi-Fi coverage at decent rates. What’s more, is that this ISP ensures that you get some amazing technical support that adeptly facilitates all service issues within no time!
Here are our picks for top budgeting apps that can help you manage your finances during the holiday season:
The Best App For Clear Budgeting: You Need a Budget
‘You Need a Budget’ is a great app since it simplifies the notion that budgeting requires constant work. It is clear to work with in every way. Instead of allotting percentages to various tasks, you have to insert real values for each section. For instance, instead of assigning 5 percent on groceries, you insert a clear value such as $150 on weekly groceries. This way you will be clear about the various spaces where you have to spend and you will be far more careful about how much you should spend. Although the app requires the user to insert proper values for budget, it has been observed that budgeters, especially the new ones, have saved plenty, using this app, in their first year of use. This app comes with a free 34-day trial after which you will have to pay every month.
The Best App To Track Your Spending Habits: PocketGuard
‘PocketGuard’ is a fantastic app that helps you fight the temptation of using your debit card and tracks your daily spending habits so that you are no longer tempted to spend irrelevantly. Various features in this app will immediately make you conscious of your spending habits. One feature, ‘In My Pocket’ shows how much cash is left so that you don’t give in to temptation and use your credit card instead. This feature will also show you how many days are left for your cash to last. The Insight tool gives you insights into places where you are spending your money the most. Besides these features, there’s also an auto-save feature that instantly stops you from overspending, helping you keep money aside.
The Best App For Couples To Handle Home Budgets Together: Goodbudget
Goodbudget is an excellent app for home budgets and handling personal finances. New couples hesitant to talk about money and personal finances can utilize this app and handle a sensitive issue like money, during the initial stage of their relationship. Designed in an old-school manner when money used to be saved in envelopes, the layout of the app is the same. Except for this time, the envelopes are all digital. The user has to divide their cash into different envelopes that are labeled so that they know exactly how much is saved altogether.
While the trial period is usually free, this is a paid app and requires the user to subscribe to the paid version for $7/month. The interesting part is that the user and their partner can sync their budget collectively across multiple devices, at most 5. Another fascinating feature is that if the user has spent a certain amount somewhere, the partner will immediately be updated as the cash removed from that specific envelope will be updated on all synced devices. This app is a great tool for motivating young couples on the importance of money management and how saving together can contribute towards a brighter future for all.
Final Thoughts…
While personal finances can be quite tricky to navigate, yet technological advancement, especially the internet has made this quite easy to understand. Though it can be daunting yet slightly boring at times, rocky finances are no fun and can sabotage professional to even personal life. That’s why we suggest that investing a bit of our time and energy in this segment will prove to be beneficial for you in the long run.
