Paying bills and handling finances are among the top responsibilities most adults can’t run away from. Even young adults are already experiencing the challenges of budgeting money.
Luckily, there are innovative bill management apps, like Prism, that can reduce the hassle of bills and finances management. Let’s review Prism and see if it’s a reliable application for finance management or not.
How does Prism Work?
Prism is a budget management app that focuses on helping you organize your day-to-day finances, allowing you to lessen the chance of missing any bill payment. With Prism, you can prevent hurting your credit and even the need to pay a late payment fee.
Furthermore, the finance application allows you to discipline yourself against spending lavishly while managing your money excellently.
You can download Prism from the App Store, Google Play, Windows Phone, Windows 8, and Kindle Fire.
Its specific mobile device requirements are as follows:
- An Apple iPhone, iPad, or iPod touch running iOS 7.0 or higher
- An Android device running Android 4.0 or higher
- An Amazon Kindle fire running Fire OS 2 or higher
- A Windows PC or tablet running Windows 8 or higher
- A Windows phone running Windows Phone 7 or higher
- After you’ve downloaded the app, you can add your payment records manually. Prism can also sync your account balances and bills for easy access and management.
Features and Benefits of Prism
Besides its primary function, Prism has more features and benefits to offer. Check them out below:
- Bill-tracking – the app sends consistent reminders about the bills to pay before their specific due dates.
- Income and expenses – it analyzes your financial record to present you with your current financial report.
- Account syncing – Prism syncs your accounts for neat organization of your finances.
- Let you select your payment source – the app allows you to choose a payment method from the credit, debit card, or bank account.
- Payment Cancellation – When you send payment through the application, it gives you 10 minutes to cancel the transaction. This is essential in case you change your mind about a payment.
- Encrypted communications – Your data and financial information are secure.
Pros
- The app is free.
- It allows users to make bill payments on time
- It has a good privacy policy
- It can help you improve your credit score.
- Provides you with payment options
- It helps control your cash flow better.
- Great for beginners and budgeters.
Cons
- Only available for the people in the US.
- There is a potential fee for some services.
- The customer support is not good enough
- No paper statements.
- The app displays ads.
Final Thoughts
With an easy-to-use interface and functions, Prism is super easy to navigate with absolute control of every monthly expense. The application can help you with your bill payments and finance handling. With its innovative features and benefits, it is worth considering since it is free to use. However, if you are looking for a sophisticated finance application, Prism may not be the right option for you.
