With the help of sensible applications for budgeting, the intangible (desire, promise to save time and money) can easily become material. People like programs that give a clear result - one that you can touch with your hands.
Considering that most simple budgeting schemes can be written in a notebook, high-tech devices for the home economy perform deeper functions. Ideally, this is not just registering expenses, categorizing them and reducing debit to credit. Leading economists are working to introduce modern market concepts into the everyday life of ordinary citizens. What could be simpler than a few features in the phone. Working for you?
Top-end applications are paid, so developers must be sure that from a user point of view, they are paid back. That is, the probability of savings using applications is many times higher than the cost of a one-year subscription.
YNAB and EveryDollar
Support zero-based budgeting theory. Your budget is compiled and optimized based on the performance of the previous month. One of the most demanding programs. After all, you plan the costs for each dollar earned. A paid subscription gives really useful options like connecting your own bank cards and setting up cost categories. Actually, this is exactly what contributes to savings. Regularly conduct training seminars for subscribers.
In contrast to the first two sentences, we will tell you about the free PocketGuard.
This is a loyal system that demonstrates the availability of funds in accounts: you can check balances, you can see how much you can spend. The program easily calculates the balance after payment of mandatory payments and current accounts. It's like a thick virtual wallet, only the bills are neatly laid out in front of you. Clarity in the head - for many this was not enough.
For clarity, there is Clarity Money.
If you correctly configure the system, then everything complex and incomprehensible will work on its own. You can link your accounts with an unlimited number of organizations and systematically launch the necessary payments, observing the movement of funds online. With this application, it is also easy to keep track of your credit cards. In general, everything is very convenient, but nothing supernatural - and therefore free.
A very original concept from Goodbudget.
Costs are distributed among virtual envelopes, which can be changed hands within the family. This application is basically a family type application - with its ability to connect multiple users and a slightly old-fashioned concept of folding notes into an envelope.
Free Mint is a popular app in 2020.
The application teaches you to save more and spend less, synchronizes with cards, providing the ability to set a personal limit on certain categories of purchases. Enough volitional effort to configure your virtual assistant - and you can start saving.
Personal Capital - the highest level of budgeting.
Works as a personal investment assistant. At the household level - shows the percentage of monthly expenses by category, gives reports on check and credit accounts.