Finding the best money management app for you depends on your personal goals, budget, and needs. Here are our top ten recommendations!
It’s no surprise that people have made their living through investing over the past several centuries. After all, rich people spend lots of money buying property and shares in companies. It’s also not surprising to learn that wealthy individuals keep track of their investments using expensive software.
But what if we could offer you someone else’s excellent money management software for free? What if we told you it was easy to use and can even be done right from your phone? And what if we promised you would get the same great results as those paid apps out of the box?
Well, here at The Ultimate Way Up website, we just gave you one such tool! We’re talking about Mint, an excellent free (paid version available) money-tracking app that has been around since 2012.
Mint is designed to help you stay organized with your finances. As you add accounts to Mint, it automatically imports transactions, balances, and receipts. This way, you don’t need to do anything but check your device to see everything going well in and out of your bank(s)!
And because this is us — experts in paying for frugal apps and tools – the very latest version of Mint comes bundled with a powerful investment tracker called Good Budget Coach.
Merrill Edge
Merrill Edge is an easy-to-use personal finance app that allows you to create, edit, and track budgets, as well as monitor your spending patterns. It also offers helpful tips and lessons designed to help you stay within budget and save money by looking for ways to improve your savings or eliminate waste.
Merrill Edge was our top pick because it’s straightforward and intuitive to use. The app has several features that are particularly useful, such as automatic bill pay, goal tracking, and snapshot reports that allow you to see where your expenses go.
You can connect with friends and family to keep tabs on their finances, which helps you feel more supported in your quest to achieve financial wellness.
The free version of the app includes one budget category and five users, but you will be charged $9.99 per month if you want access to all of its features. This feature is worth paying for if you plan to continue using the app.
T. Rowe Price
One of the top money management apps is from one of the most well-known investment firms in America – The T. Rowe Price Group! They have an app through which you can access their products, services, and research directly on your smartphone or computer.
The app was designed to be easy to use for all consumers and features some pretty powerful tools. You get comprehensive performance reports, track individual accounts, and do price comparisons quickly and easily.
There are also several different account types that offer varying levels of security, disclosure requirements, and ease of access. This makes it convenient to view and update personal information, add new assets, and monitor investments.
Overall, The T. Rowe Price Mobile App is a great tool for individuals who want to keep tabs on the health of their investment portfolio. It will help them stay up-to-date on market trends, find new opportunities, and maintain accountability.
Charles Schwab
As one of the most well-known names in investing, there are many apps that feature services or features from Charles Schwab. Some of these include check deposits, e-statements, and mobile access to account information.
Other apps focus more on specific investment strategies such as stock picking or dividend investing. There is also an app that allows you to create your own portfolio!
All of these apps have good-quality user reviews so it seems like people are very happy with their service. If you are looking to start investing or need help along the way, try one of these apps to connect with someone who can help you grow!
I recommend trying out at least one of them for yourself before adding all of your money to it.
TD Ameritrade
With TD Ameritrade, you get all of the features that make it popular for free, but also access to their low-cost investing tools. The Premium Membership is priced at $9.99 monthly or $119 yearly, which gives you full access to all of their investment services and accounts.
Their basic account comes with unlimited stock quotes, portfolio tracking, online chat support, and mobile apps too! There are some limitations in terms of the number of positions per asset class, but overall this is a great place to start if you are new to investing.
There is an introductory discount for both memberships when you purchase your first share directly from them, making it even more worth it. Check out their website to see what they have available.
