Mint is really one of those personal finance tools that are an oldie but goodie when it comes to tracking your spending.
You Need A Budget (YNAB) is a smart tool that is built around a zero-based budget. By design, a zero-based budget is meant make sure you know where every penny you earn is going. If you earn $4000 each month, YNAB will help you set the kind of budget that makes it certain that your income is equal to your expenses. Tracking your spending this way (if you do it honestly) will give you a good idea of where you might be overspending so you can trim those expenses and possibly put that money towards debt payment , save the money or invest it. If you’re a student and you write to [email protected] with proof that you are indeed a student – your student ID card, transcripts or some other proof of current enrollment in school – you will be able to use YNAB for free for 12 months. If you’re not a student, you can still use YNAB for free for 34 days and then have to pay the annual $50 to use the tool. A tool that is similar to YNAB, which is free, is EveryDollar.
is an app that allows you to choose your goals and set up rules or event triggers that will allow money to be deposited into your Qapital account. The app is FDIC-insured so you can rest easy.We recently ranked Qapital #1 as one of the best automatic money saving apps available because of how easy it is to setup rules to save.Kevin, who blogs at Financial Panther, has found success by using the Qapital app.You can read our full Qapital review here.
Have you ever tried any of these personal finance tools before? Which one is your favorite?