We have entered into a society where everything can be done at our finger tips. We are too busy for the mundane acts of writing checks, going to the bank, or sending a money gram. Now, we have apps that allow us to enjoy the perks of banking anywhere and without ever having to go to a bank. There are several money management apps on the Apple and Android phones that allow convenience and easy to use applications make it simple for anyone to stay on top of their finances.

Mint

The mint.com app is a great way to track goals and view areas where they may be some overspending. The app sorts all the transactions into categories showing exactly where the money is going to. Users can view their goals and see how their progress measures up.

The app also allows users to set up for budgets for each category. Notifications are sent when the user has gone over their allotted budget for a category. The app is free and good to have around when watching where the money is going.

PayPal

This app is great for sending money to different accounts. The app is simple to use and allows users to transfer money by using an email or phone number. This app is great for businesses to use for retrieving money from customers. The app provides users the ability to send money and retrieve money without ever using cash or checks.

Users can request a debit card for the account so the money can be used right away if needed. The app is free and can be used on any smart phone.  Some people may prefer an app like loan servicing software that helps them with loans. It’s nice to have a solution for loan servicing and for cold hard cash.

Expensify

This app is great for business professionals who use an expense account or business owners that need to keep track of their expenses for reimbursements. Users can link their debit card to the app so all transactions are recorded for expensing later.

Also, by snapping a photo of the receipts, users can store all their receipts in one place. This organizational tool makes it easy to gather receipts for expense accounts and eliminates the worry of not being reimbursed.

iAllowance

It is important for kids to understand managing money as soon as possible. This will help foster a better relationship with them and money for the future. With iAllowance, kids can use the app to track their money earned through chores and other activities. When they are ready to use the money, parents can debit their account and hand over the cash. Kids can track their savings anytime using the app, and it is a great way to help them understand the principle of spending.

Pageonce

This is probably the most extensive money management apps on the market. Users can pay bills, track their spending, and have access to every account with this one app. The app itself is free, but some of the service add-ons may cost a little. This app takes all the hard work out of managing money and gives users the ability to see everything in front of them.