Whatever it is that keeps you on top of your finances, and has you saving as much as you can each month while chipping away at debt, is what you should be using.
New York, NY (PRWEB) June 15, 2013
FinanceSpectrum.com financial advice website today released their top picks for online personal finance tools, and encouraged consumers who may be struggling with money management, debt keeping, or saving to seek the assistance of a free or inexpensive website or app specifically designed for their area of financial need.
In a recent article by Craig Jackson published in the Sunshine Coast Daily on June 12th 2013, he recommends several finance-related mobile apps worth looking into for their benefits to assisting one with the management of a small business’s finances. Jackson recommends applications such as Chrometa, a software designed for freelancers that automates time tracking against clients and projects, and TrackMySpend, a mobile app which tracks and classifies all expenses—including separating business and personal outflow.
FinanceSpectrum.com has experienced first-hand the potential of an online personal finance tool to turn one’s money management skills around, and recommends a few of its own favorite websites and apps to make personal finance easier, neater and more regulated. FinanceSpectrum.com is quoted as saying, “Probably the number one app out there is Mint, which is by all means a great choice. It streamlines bank accounts, sends reminders for bills, and even alerts the user when funds are low. It’s sort of the go-to, all-in-one banking app. In addition to Mint, we really like more specific apps such as SmartSaver, which takes a different angle by helping users design personal savings targets and then helps them stay on track to meet their goals, and DebtMinder which aids users in paying down debt by analyzing how much is owed and how much income is coming in, then makes a plan for paying the debt off. These types of tools really hone in on the financial goals that the user is hoping to accomplish, or can target the areas where users maybe need some help. Now if only there was an app for the things I don’t want to do myself, like going to the dentist, figuring out what I do or don’t need on my auto or life insurance policy, or going to the DMV!”
Last year, Kimberly Palmer reported for U.S. News in an article that was published June 19th 2012 about the way that personal finance management tools like apps and websites were really starting to resonate with consumers. As of last June, Palmer reported one in four consumers using some type of tool to assist them with their finances. She states that according to the research and advisory firm, Aite, its survey results revealed that three out of every four consumers who use personal finance tools reported better control of finances, and two out of every five stated that they are saving more money than before using the tools.
FinanceSpectrum.com says they are not knocking a good old-fashioned Excel budget, for those who prefer to track spending manually. FinanceSpectrum.com is quoted as saying, “Whatever it is that keeps you on top of your finances, and has you saving as much as you can each month while chipping away at debt, is what you should be using. These websites and apps are designed to assist consumers in their day-to-day money management, but if you’ve found a better way, then by all means stick with it!”
FinanceSpectrum.com is an online personal and small business finance advice column. The financially-savvy magazine is designed to aid U.S. consumers with their financial decisions and money management, offering advice on everything from setting and keeping a regular budget, saving money on every day purchases, and chipping away at debt.