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How to Use a Smartphone to Keep Track of Your Money
Use a smartphone to keep track of your money by using it to find lower prices, doing your banking, and using apps. You are paying your cellphone bill anyway, and we help you recoup some of that cost.
It doesn't matter if you are running around and traveling or going through the daily routine; you are bound to have your smartphone on you at all times. Your phone can be used as a tool to not only keep track of your money but save you some dollars throughout its use.
Everyone is busy, and in the hustle and bustle of the business world, sometimes you don't have time to keep a record of everything that you have spent money on, or even make it to the bank. With the use of smartphone apps and other tricks, you can manage your finances and make your life easier as you have a helpful assistant right in your pocket.
When phones and apps are available to make your life easier, why wouldn't you take the opportunity and give your brain a break as well as a chance to focus on all of the other things that you need to do? Using this list of suggestions, you can pick which elements of smartphone use you would like to implement into your lifestyle.
Tech Savvy Money Management
These apps are intended to enhance the way that you manage your finances but know they should not be considered a direct substitute for a more concise money management system. You should always have a backup and keep records of transactions for your protection.
Note: Do your due diligence before you act on anything written here.
- Money Saving Ideas
While many of the apps available today are great for keeping track of how and when you spend your money, there are a few noteworthy ones that specialize for the function of saving you money, especially while on the go.
Mobile phones are just that, mobile, so saving money while running errands or going on vacation can add up. An app that you can use most any time is called Gas Buddy. This app uses your location and tracks down all gas stations within a specified mile radius. The prices of gas by the gallon are listed as well so that you can determine which will save you the most amount of money.
If you are looking into getting a hotel room somewhere, Expedia and Kayak apps are available for download, and they provide price matching services throughout all of the local hotels. You can save big when you do some research using a select app.
The following apps really stand out from the rest and let you save on most anything! The RetailMe Not and Groupon apps provide special deals and coupons for most every store that you could imagine. Pulling out your phone while standing in line at your favorite store could save you big!
- Keeping Your Money Organized
In addition to saving, smartphones are incredibly useful when it comes to keeping track of those precious pennies. Because you constantly carry your phone on you, what a more convenient method to track your purchases and manage bank accounts!
If you want something to monitor how much you are spending on a daily to monthly basis, try downloading the app called Mint. This app compiles all of your information and lets you search through all of your purchases and manage your spending habits.
Another innovative app to download would be a list creation app that lets you edit and add items to multiple shopping lists. That way, when you are out running errands or going to the grocery store, you will know what you need and cut back on, including impulse purchases. Some of the apps even explain how you can save money on items at the grocery store.
If you use the internet to make payments and maintain a pay schedule for your bills, then you will want to check out an app called Manilla. This payment manager sends you automatic updates when your bills are due and even lets you keep track of specific payments that you may have, such as a babysitter.
And if you like to go out to eat, there are tip calculator apps for download that will make paying your server so much easier. That way, you won't have to think about how much to tip, and you know you won't be overspending.
Many major banking institutions, as well as smaller banks, have their apps so that you may log on from your phone to check your account balances, transfer funds between accounts, or check the status of a payment. Such a useful thing to have available on your phone!
Using a smartphone to keep track of your payments as well as save your money is innovative and undoubtedly convenient since most of the time, your phone is probably in your pocket. While not all these apps may work for you, most of them are either free or available at a very low cost, which is excellent news as you find new ways to manage your money. BTW, we are not affiliated with these sites and apps.
