Here's my breakdown of the top seven finance products or apps that you need to have for 2022. I definitely would not have gotten to where I am today without most of these financial products, and they've helped me either budget saving or invest. I hope that these recommendations could be a turning point for you.
Hey, everyone, it's Arpit Here. This is for educational purposes and not financial advice in any way. Now, if you wouldn't mind showing me some support, hitting that like button right down there and keeps it growing.
Let's begin budgeting your money may be one of the least enjoyable things ever. And let's be honest, most of us are much better at spending than we are at saving. Nonetheless, it's still important. After all, it's not often you hear someone say, darn, I budgeted too well, this month, I wish I hadn't saved so much money, you're not going to hear people say that in full transparency. My favorite app is the last one. So I say stay the seven minutes and watch through it because you will find something that you like.
So let's begin
Number one - Digit
Basically, it's a bot that monitors your bank account and saves money for you automatically. Now, the digit is probably one of the simplest money-saving tools that you're ever going to use. You securely connect your bank account and digits going to analyze your spending and income to help put away small amounts of money that you don't need for your bills or your day-to-day expenses. Now, every few days, money usually somewhere between five and 50 bucks will get transferred from your checking account to a digit savings account. They promised not to take out anything that you actually need. And you don't have to worry about any kind of overdraft fees. And all you have to do to get your money out of the savings bank and back into your checking account is just send a text message. It's as simple as that.
Number two - Mint
Everyone's heard of it. It's one of the oldest free personal finance apps for tracking personal finance. And it's still featured in this list today. It's trusted by many and it's one of the best known it's owned by Intuit at this point. The application provides several features to help you track and manage your money from a giant list of banks, credit card issuers, brokerages, lenders, and other financial institutions. Now mint automatically categorizes transactions from linked credit and debit cards and tracks them against a budget you can tweak and customize to your needs. Now you get alerts when you go over budget, you can follow by category, or you can look at overall cash flow to get a well-rounded picture of where your money goes each month.
Number three - Qapital Review
Similar to digits now capital uses the automatic savings app approach regularly setting aside small amounts of money you don't need for bills or day-to-day expenses. The biggest difference is that with capital you have a little bit more flexibility to define particular savings rules or triggers. For example, you can say round up the change of each purchase, save whenever you spend less than your budget, or save when you buy things you're trying to put back on. Set aside 30% for taxes every time you get paid if especially if you're a freelancer, this is really a necessity, or save a fixed amount daily, weekly or monthly. So it gives you a lot more flexibility in that. And the setup process is so super simple. First, you create a savings goal, and you choose a rule or trigger for automated savings. And next, then you just open FDIC-insured savings account through the capital. Finally, once you link your bank account to transfer money to and from your savings account based on the rules you've got set up, it's as simple as that. And we see it's a great way to celebrate a debt-free trip to Costa Rica in the future because you've set this up for that next trip
Number four - Spendee app
They analyze your financials by category, person, or location. If you don't want to connect your bank account to a budget tracking app. spendy is for you. This app has a beautiful easy-to-use interface that's going to make you actually want to track your expenses manually with it. Since it's not synced to your bank account or credit cards, you do have to add them in by yourself, including your income and your expenses. But they're willing to put in the effort and track your spending. This app actually enables you to analyze your spending more accurately than most of the other automated personal finance apps out there. Not that they're missing transactions, just to categorize it in the wrong way. So
you gotta go fix everything once in a while. Now spendy goes hand in hand with some of the other apps that are already on this list. And you still have to do the work of figuring out how you want to tweak your spending. But it does make you conscious of where your money is going and likely more thoughtful about where you're spending your money because you have to put it into an app in the first place. Now as you watch this and if you've enjoyed these apps so far, please hit that like button right down there does help me it doesn't cost you anything. One little click My goal is to help you create wealth through the stock market or real estate or through finding the best apps that you could save and invest in the right way to get to your seven-figure net worth soon.
Number five - Hello money
Designed your own portfolio from over 24,000 funds and stocks now this is an awesome investing analysis app so the apps listed up until I talked about Hello money was all about managing personal finance this hello money is designed to help you make more money and ideas simple. Wouldn't it be great to pick and choose different funds and stocks to create your ultimate portfolio, one piece at it I'm kind of like Legos? Right? Hello, money allows you to adjust that currently, the platform allows you to pick and choose from over 24,000 different funds and stocks, and they are adding new ones every day. And if you aren't a savvy investor, this app may not be very intuitive at first. Nonetheless, it's a fun way to get to know the market and better understand investment strategy. I recommend this using Hello money to get a peek at how others are investing their money and experiment with how different holding influences your returns and improves your financial portfolio. The app I'm working on is very similar. It's kind of similar to this in that it takes components of this and it takes components of mint. And it takes components of actual stock analysis apps, like y charts, and puts them all together and distills them down to the most simplistic forms, so that you can have everything in one place. But we're not here to talk about that app, because that's still under development.
Number six - Sweep App
This automatically saves for your goals with the bank-to-bank transfer. And if you're looking for a savings app that focuses on helping you get ahead of your bills and savings goals, then you don't have to keep reading that way. You don't have to keep redoing your budget sweep is a perfect product for you. You could set up various buckets, bills, credit cards, vacations, rainy day funds, student loans, home, etc., and set aside the money to make sure you're paying and saving whatever you need to hit all of your financial goals each month. The main goal suite is to help you plan your finances to advance and automatically save for each of these goals with a simple bank-to-bank transfer. One of the cool things about this app, and what it does is that it lets you know whether your bills are impacting your savings goals and vice versa. So gives you a few alerts on that. This is a great tool to help you build some financial awareness around your spending, and you're saving goal setting, and ensure that you're planning for the future in advance. Do you know all the money you need for any big purchase of head, it's not all in your head, you start thinking about
Number Seven - YNAB
And this is my favorite one. This is the one I started off with years ago. You need a budget for YNAB is it's also an acronym. So budgeting it's a budgeting software to help you pay off your debt, save more money, and break the paycheck-to-paycheck cycle. Now you need a budget has been around for a while, but it's so well-loved by those who use it that I just couldn't include it even if it was old and it wasn't as nice and fresh as the newer apps around. Now, this software is extremely intuitive and easy to use. And you need a budget that goes beyond being just a tool to track your finances. It keeps on top of bills, it set savings goals, and it's built around a four-step plan. 2So give every dollar a job in advance. And then you could save for a rainy day fund you could address overspending before moving into the next month, and you can live on last month's income and no more paycheck to paycheck. That's what this app enables. Now, if you're looking for more of a lifestyle change when it comes to how you budget, spend and save money, you need a budget is the one to try out. So as I said, you know you need a budget is my favorite app. When I first got started in savings, it was one of the most popular and most loved simple apps out there. And it has evolved a little bit over the years, I would suggest giving it a try.
Let me know which of these favorite apps do you use? Which ones do you like? Not like which have you tried? How do you budget do you use Google Sheets or just excel files budgeting is the first step to wealth because once you start saving you start investing and investing over time is what's going to make you wealthy and get to that seven figures, not some random meme stock, here's the secret. Those stocks aren't going to the moon for long, and you're gonna end up on the wrong side of the trade you're gonna end up buying at the top and selling at the bottom. And that's why pumpers push them.
