Apps On Money: Financial Tracking Apps

I’ve been looking at new ways to work with our finances, ways to make tracking information as easy and compulsive as checking Facebook or Twitter. Recently, my wife and I have turned to apps, testing to see what the best way for us to track our money.

Note: My wife and I have completely combined finances as it was suggested by our Financial Advisor. Whatever I see, she sees. It’s the best way we know of keeping the conversation about money fresh, and helps us to be accountable.

Fears

We’ve tried apps before, but have always been hesitant of using anything more complicated that a spreadsheet. (Not that there’s anything wrong with spreadsheets.) That’s because myfear was always that these apps wouldn’t be here to stay, like Microsoft Money, the single best application they ever made.

In fact, I just tweeted about it:

I still miss Microsoft Money. Probably my favorite MS app of all time. (Sorry, Word.) It taught me to track finances right.

But I have to get over that.

Financial Apps We’re Looking At

So here are some of the money apps I’m looking at:

  • RetirementScoreboard: This is what our financial guy wants us to use. A lot like when we went to the gym together and Our trainer wanted us to use MyFitnessPal; which I still sort of use.
  • Simple: OK, this isn’t so much an app as a service, but I’m wondering whether we should move our banking to something that helps us track things better. We’d still keep our savings with Our current bank, I guess, and the line of credit we have through them, but otherwise we’d move our checking over. Maybe.
  • Manilla: Why haven’t we used this again? In an age of bills coming in via email, and receipts for these being also sent via email, why don’t we use this yet?
  • Slice: Used to track our online expenditures, price drops, recalls, and stuff like that. Basically, saves us money by keeping track of your inbox. BUT, they don’t do inbox tracking for Outlook.com. I considered switching back to Gmail for a bit, then wizened up. It’s got an awful interface.
  • Mint: I realize we’d mostly use RetirementScoreboard, but Mint and Check’s email alerts are freaking great. Why couldn’t our financial guy use Mint, again?
  • SavedPlus: The cool thing about this app is that it automatically helps you save, based in what you spend. Set a percentage, and off it goes. If you set the spending to 5%, for example, it automatically adds a 5% savings surcharge to you expenditures. Spent $20? Here’s $1 for savings.

There are others, like Dollarbird, LevelMoney, and Spendee, which help visualize expenditures, and I’m sure I’ll try some of these out, since keeping a track of stats in a vsually compelling, addictive way is one of the biggest concerns for me. (I actually own DollarBird already, and it wasn’t all that great for me at the time, but then again, neither was the Day One journaling app, and thats become my favorite app recently.)

There are even more, like Personal Capital, which helps track financial assets from a growth standpoint. But one step at a time. i dont want to choke on an elephant.

Conclusion

So many apps. So many GOOD apps. In fact, again to Twitter:

On a recent app-testing binge. So many great, useful, well thought-out apps out there. It’s a pity I can’t use them all.

Anyway, this post is more so I can keep track of what I’ve tested than anything. If you have any thoughts, I’d like to hear them. Most of my list comes from both experience and from Digital Trends.

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