There are many applications available online for financial controlling. Some of these are:
Currently, Mint is one of the most if not the most popular application for financial controlling or budget planning. You first sign up on the app to make an account and then you add your credit card/debit card details. Once your credit and debit cards are linked to your Mint account, it starts to categorize your spending to highlight how you have been spending your money and what are your transactions so far. This app also allows you to schedule your transactions like bill payment and also helps you in keeping score of any investments you have made. One major advantage of this app is that it eradicates the issue of going to pay bills; the same bill payment can be done online and right from your phone, laptop, or computer.
YNAB-You Need A Budget:
You Need A Budget, also known as YNAB is also a financial application used for budgeting purposes. It is divided into 4 parts, all of which are connected to each other to help benefit the budgeting process. In this app, once the transactions have been made, they need to be checked according to each budget category of the application. This makes the budget planning more accurate because a proper layout is given of where the money is being spent and how. Every month, reports are sent through the app to give an update to the client of how the spending can be made better. This app allows a free trial of up to 34 days.
This application uses the zero budget system of budgeting. This means that it gives an analysis of each and every dollar and how it fits in the budget, owing to its name Every Dollar. There is an expense tracker which is a part of the app which allows the client to keep a track of all their spending and also connect it to the bank for transactional purposes. The main purpose of the app is to show how much money has been spent over the course of the month and how much is still left. This app allows you to connect with money managing experts who can give fruitful guidance when it comes to budget planning. This is why this app was also developed under the guidance and supervision of financial experts. This app also offers a free trial.
Personal Capital is the app concerned with wealth management. Not only does it manage everyday budgeting but also bigger projects like investments and assets. This app incorporates linkages to more than 10,000 institutions which means that accounts can be linked with the application. Even though the app works greatly on tracking daily budgeting and how money is being spent, it works even better with investments. There is a built-in software for the desktop version of the app which provides the client with many advanced options such as taking care of risks, diversification opportunities and to track any transactions that may not show up otherwise. This app allows you to see if you are on the path of achieving your financial goals or not, in the long term. It also provided financial experts registered with the company to give financial advice to customers who need help.
Mobills is the app that provides categories to divide and track the money spent according to the given budget. It provides an analysis of each category separately in order to see how the budget can be improved. This app includes that provide insight into how your budget can be improved, adjustments can be made through these charts in order to achieve financial goals. This app also provides the option of adding dates for bill payment on the phone in order to give reminders as well as to allow bill payments through the app only. This app has a free version with fewer features, the upgraded version provides more services.
Clarity Money provides the client with the option to keep track of subscriptions taken up by the client and separate the ones that are being used from the ones that need to be canceled. This app allows you to make saving deposits on a regular basis, you can also create many saving funds to improve budget requirements. You can stay on top of your savings every month through this application.
The Prism app allows you to gather all your finances and bills in place. This app allows you to add your bills where it tracks the bills and send reminders to your phone to avoid overdue payments, like cell phone alerts. Prism has the feature that you do not have to log in to numerous accounts to pay bills.
Unlike other apps that are for personal use, the Spendee application allows you to share your expenses with family and friends. This app allows you to import transactions in order to match the details to see how the money is being spent on a monthly basis. The app lets the client add budget details to provide a more accurate analysis of the budget. It also has this feature that it stops the clients from going over budget by showing the money that is being spent and tracking expenses. The app also sends alerts to the client to avoid overdue
payments. Spendee also has another neat service that the client can add a specific category when traveling or attending an event in order to manage and plan the budget for that specific event.