The growth of smartphone usage and the connection to the wider world they provide have made managing your life far easier than in the past. With a smartphone and the right app, you can manage important activities such as bill payments and even job interviews from your smartphone. One common activity many smartphone owners make use of apps for is the management of personal finances. Applications allow you to manage your bank accounts, bill payments, and retirement accounts whenever you need to. When it comes to financial apps, you have many to choose from. Here are three of the best apps for managing your finances right from your Android phone.
Best Android Apps for Finance
- Robinhood: a very well-known and widely used application, Robinhood offers many advantages that make it a sold choice for a financial app. They offer features such as an IRA match, low fees, access to cryptocurrency trading, and access to a wide assortment of ETFs, stocks, options, and companies to invest in. If you mainly use your smartphone for investing, Robinhood is a good choice that works best with margin accounts, IRAs, and taxable training accounts.
- Trust Wallet: the Trust Wallet app is known for security and ease of use. This app is excellent for the management of cryptocurrencies and NTFs as it allows for receiving, sending, exchanging, and holding these assets in a single app without having to use multiple platforms to keep track of or manage them. Trust wallet works with several different cryptocurrencies and various blockchain networks. In addition to safety and ease of use, Trust Wallet also supports stacking options and is noncustodial, which helps protect your assets.
- EveryDollar: a key aspect of proper financial management is keeping track of your spending. Without financial planning, it’s very easy for some aspects of your spending to go unrecorded, leaving you with far less money than you think you have. EveryDollar is a budgeting app designed to keep track of every aspect of your spending. A safe and secure app, EveryDollar works by tracking your income and accounting for every dollar you spend including that which you devote to saving. This allows you to fully customize your budget, so you know where everything is going. The app also supports various spending categories, multiple budgets, and reminders. In addition, the app is highly customizable and doesn’t limit you to overly preset configurations.
Final Thoughts
Modern technology has made things more accessible. You no longer have to wait for various paper statements at the end of the month to properly calculate your budget. Apps allow you to enter information as you go and properly track and forecast your budget both in real time and in the future. These applications can serve several financial purposes, including daily budgets, spending habits, investments, stock market trading, and managing your retirement accounts. If you’re not taking advantage of these types of applications, it’s well worth considering them as a worthwhile addition to your daily habits. Proper tracking and management not only keep you informed, it can also allow you to save and invest more effectively.
Arman Ali, respects both business and technology. He enjoys writing about new business and technical developments. He has previously written content for numerous SaaS and IT organizations. He also enjoys reading about emerging technical trends and advances.
