Top Cash Management Application You Should Use

Author: David Phineas

Impactful personal finance management begins with financial planning. It consists of three key components: a workable budget, well-defined financial plans, and real-time monitoring.

A budget keeps you focused on your financial goals, while real-time monitoring allows you to make the appropriate decisions at the right time.

Cash management, on the other hand, is easier than it sounds. Nevertheless, money management apps can provide convenience. These apps can help you manage your cash and personal finances successfully.

The following are some of the best cash management apps that can help you to manage your finances. 

Five Personal Finance Management Apps to Get you Started

• Truebill

Truebill is a user-friendly assistant that helps users reduce overheads and pay off debt faster. It also provides some tools to assist you in making informed decisions about your monthly spending. However, most of its features require a premium subscription, with a price range of $3 to $12 per month.

Truebill’s premium subscription services include the following:

• Premium Chat
• Custom Categories
• Balance Syncing
• Unlimited Budgets
• Smart Savings Plans
• Cancellations Concierge

• Money View

Money view is a cash management app that gives you real-time access to your financial details. It reads all of the financial information concealed in your fiscal transaction-related text messages and upgrades your report while eliminating the need for manual input.

Money View Features

• You can see your bank balances with money view—no need to log in to your accounts. You can also see the recent transactions.
• The money view centralizes all banking transactions, such as credit/debit cards, online banking, and money spent.
• The application displays all of your loan EMIs, credit card bills, mobile bills, utility payments, and other expenses in one dashboard. 
• You can receive timely alerts to ensure that you never miss a bill payment.
• Financial transactions can be manually input to track your cash outflows easily.

• Mint

Mint is a cash management app that links all of your financial accounts into one. Consumers can also set and track budget goals, and track their income and expenditure.

Mint allows users to integrate bank accounts, personal finance accounts, pension, retirement savings, credit cards, and other financial holdings. 

You can also use Mint to track all your monthly expenses and receive alerts when your bill payments are due. 

How does it work?

• Create an account, then link it to your bank account
• After linking your accounts, use the Mint to monitor your budget, set financial goals, and receive spending alerts.
• Mint has a site and a phone app, so you can pay your bills whether you’re at home or on the go.
• This app is an excellent find for anyone who wishes to stay connected to their finances and objectives with little effort.

• You Need A Budget (YNAB)

YNAB is a budget-oriented application. Users can easily set goals, add bills, and modify their budgets when they want. 

YNAB development is based on four distinct budgeting fundamentals, which are:

• Put every dollar to work. When you add revenue to YNAB, you can allocate it to particular areas.
• Let your money mature. YNAB works by funding your budget with cash received the prior month.
• Accept your actual costs. You can set goals and make monthly payments to pay off occasional expenses not covered by your regular budget, such as car repairs.
• Adapt to the situation. If you spend too much money in one category, you can transfer funds from the other to cover the difference.

• Money Patrol

This is a budgeting app with a dashboard that connects to thousands of financial records, along with non – traditional expenditure reserves like gift cards and prepaid debit cards. 

MoneyPatrol is for you if you dislike spreadsheets and choose not to create a rule-laden budget. 

The Notifications & Insights functionality, which offers bite-sized pieces of information via email or text, is the true essence of its budgetary operation.

MoneyPatrol has more than enough charts, panels, and tables to give you a detailed report of your finances.

Conclusion

This article provided a list of some of the best personal finance management apps available. You can choose any of them to enhance your budget and finances.