Making, planning, and using budgets are important tasks for people and companies. Keeping track of funds allows you to estimate your profit or loss and make new, informed decisions to improve the situation. If previously this required accurate bookkeeping, today things are a little easier.
Technology has made it possible to take a step forward. Its development and the desire to simplify everyday life have led to the appearance of modern tools. The list consists not only of work applications but also of a bill payment tracker.
The range of options has hundreds of offers. However, not all of them are really worthy of attention. Consider the features of the following systems to find the right option among the possible ones. They will not only simplify the accounting of funds but also improve control.
PocketGuard
Users install the version that suits them because the company offers software for installation on iOS, Android, and Windows devices. Downloading the application takes minutes, and instant access to virtual accounts is ensured at a high level.
The functionality of the software covers several categories. Registered users get options for:
- tracking the payment of bills;
- scheduling debt repayments;
- controlling profits and losses;
- budgetary calculations;
- distribution of funds between categories.
You can use the software with a stable Internet connection. It is enough to access the full functionality and track the movement of funds. Convenience, comfort, and constant monitoring are combined with responsive support services for easy operation.
Mint
It is one of the most popular applications among mobile users. The company’s reputation has been built by years of successful work in the market. Debit and credit account registration will allow you to enjoy the features offered easily.
You can find recommendations on how to use the application quickly. Experienced customers have already created many commercials to familiarize clients with the software and find simple solutions. So, Mint’s advertising has borne fruit in the form of excellent software performance and broad audience reach.
It is possible to improve budget control by creating additional categories. Their number is not limited, so the user makes a unique asset allocation plan. Financial reporting is available in a few clicks, and account information is protected by encryption protocols for security.
YNAB
One of the disadvantages is the reasonably high cost of use. Private users pay $15 per month for access to a functional application. Although students can use the software for free for a year, do an independent evaluation for 34 days. It is a free trial period.
Benefits of the tool are also provided. High ratings in the app stores for iOS and Android devices prove this. Several reasons will help you make up your mind to try this software:
- Planning. Distribution of funds (earned or received as a bonus) occupies a special place. User feedback confirms that planning expenses and distributing earnings to pay essential bills in the app space are much more accessible.
- Tracking. Transaction tracking is also included in the list of features. You can monitor bill payments with a single app in a few clicks. This feature comes in handy for those who are new to auditing.
- Practicality. A lack of knowledge about budget planning does not stop newbies. There is an opportunity in the application to get the obligatory skills. To do this, it is worth paying attention to the suggested sources of information from third-party resources.
Working with the software is not a problem. The support team helps solve problems; the improved fund’s control gives you financial freedom. Paying mandatory bills and tracking transfers are available “out of pocket,” and the desktop version comes in handy on rare occasions.
