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3 Great Financial Planning Apps for People in Bankruptcy

3 Great Financial Planning Apps for People in Bankruptcypeople in bankruptcy

The time we spend on our phones is ever-growing. For people in bankruptcy, this habit of excessive screen time can be turned into a tool for financial management. How you may ask? Well, there has been a surge in financial planning apps to help you stay organized. These are all designed by professionals who are dedicated to making a user-friendly interface. All this, to make money management a little easier. Read below to learn about 3 of the best money management apps on the market right now!  Get in touch with us if you have any questions!

App #1: Mint

Mint is one of the leading apps for money management. They have a well-rounded platform that offers all sorts of aid for your financial needs. Mint has the ability to sync to your banking platforms. Mint makes it easy to track daily transactions. Either through linking your accounts or manually inputting your spending data. You can see credit, cash, bills, and more in this intuitive app. They have a select set of notifications to let you know when fixed expenses rise in cost and when your bills are due. You’ll be able to see all of your bills in one neat and organized place. This way, you’ll never have to miss another payment or forget to cancel a subscription. 

By using this app, you can build budgets that reflect your financial goals. Mint organizes your spending habits by category so you don’t have to worry about deciding what goes where in your budget. The app has alerts to ensure you don’t overspend during the month. Moreover, the app tells you where there is room for improvement in your budget. Be it cutting costs, or making your budget more flexible.

The app is not limited to these possibilities. Mint also offers a free credit report. Thus, allowing users to manage their banking and check their credit health in one place. This app has its very own credit education center so you can learn about what goes into good credit.

Mint gives users an aesthetically pleasing design to manage their finances. To download Mint or find out more about this app, visit their website here. It is available for free on IOS, Android, and for your web browser. The only in-app purchase is $1.29 to remove ads; however, this is optional. Find Mint in the App Store or the Playstore today!

App #2: Credit Karma

The second app we’d like to touch on is called Credit Karma. This application is perfect for people in bankruptcy. If you’re interested in getting a car loan, Credit Karma is a great tool to get you on track. Ease your mind when you receive a free credit report and credit monitoring. This app is clean and easy to use. They also provide users with knowledge and insight about managing credit.

Credit Karma allows you to get a free credit report and/or score check that doesn’t affect your credit. They also have specific advice geared towards credit cards, personal loans, and mortgages. Here you will learn what credit card is best for your needs. Additionally, they have an entire blog dedicated to helping Canadians get out of debt. 

Credit Karma is free to download on the Playstore or the App Store with no in-app purchases! You can also access your account from your web browser here. Be sure to check out their website for further assistance and info on the app. Get your credit back on track with Credit Karma today!

App #3: EveryDollar

Lastly, we have EveryDollar. A budgeting app that is sleekly designed to give you a spending plan for your monthly bills and necessities. The app has had over 1,500 reviews getting a 4.7 out of 5 on the App Store. For those who are unsure of where to start with their monthly budget, this app will generate an effective budget based on your goals.

To begin creating a budget users must enter in their income for the month. The app will then track your spending and ensure you stay on track with the limits you set for monthly items. The app is completely customizable. You can rearrange your budget, change the category names, and move items into new places. Organization is at the forefront of this budgeting application. 

If you’d like to learn more about EveryDollar, visit their website here. You can also download the mobile app on the App Store or the Playstore. EveryDollar can be signed into from a computer as well. The app is free to download; although, there is a hefty subscription fee depending on what you want from the app.