If you have a smartphone such as an iPhone or an Android, chances are you are familiar with the world of apps. There seems to be an app for everything these days, from entertaining babies to knowing how close the nearest Dunkin’ Donuts is. You already use your smartphone and its army of apps for many things – have you thought about using it as a tool that can help you manage your money?
There are many apps out there that you can use to help you with your finances. I decided to check some of them out. Anyone who has business expenses, whether from a small business that they own or for a job at a company, will be able to appreciate the free app called “Expensify”. The app, which is available for iPhone, Android, and Blackberry, enables users to take a picture of a receipt and store it along with notes about it until tax time. Since you will no longer be storing your receipts in a shoe box until tax time, you can recycle that shoe box and make some room on your home office bookshelf for something more useful.
Comparison shopping for loans just got easier thanks to Loan Shark, an app that is available for iPhone for a small fee. Loan Shark lets you calculate how long a loan will take to pay off, and what the total cost of the loan will be. You can save details of the various loan offers that you enter and then compare them to select the one that is right for you.
Have you ever been in an unfamiliar area and needed to get to an ATM ASAP? Sometimes you just need to find an ATM, and the quicker you can find one, the better. The ATM Hunter app for iPhone and Android lets you find the nearest ATM and tells you how to get there from where you are. The app also tells you what kind of ATM it is so that you can avoid paying fees, which can sometimes be ridiculously high.
There are many more great financial apps for your smart phone. Which ones will you use to help you keep your finances on track and achieve your financial goals?