7 iPhone apps to Manage your Money

Ever since the App store was introduced, developers from across the globe have been on a developing spree to bring out the most innovative and most useful app to the store. Though games and entertainment-related apps are still the most sought after and anticipated ones, the popularity of apps which are useful for the daily use are increasing. Name any purpose and you have a number of apps out there, satisfying and giving you more than what you wanted.

From planning your travel, to finding the nearest bathroom iPhone apps have become a part and parcel of the user’s life.It is probably the security and the simplicity in usage that adds appeal to most apps on the iPhone. Same is the case with apps that could help you manage your finances. Some of the best and most popular apps which help you with your money are discussed here.

Bloomberg LP

This one is the most popular and easily one of the best apps that is available on the iPhone in this genre. This elegantly designed app contains and displays an unbelievable amount of information and data on the screen. This free to download app is the perfect one to keep track of anything and everything that happens with respect to the stock markets. The app displays share prices, a 52 week summary chart, volume, latest news, company descriptions, price chat and market trend analysis on the screen.

Balance

One could keep a close watch on bank accounts with the Balance app. This app keeps track of all incoming and outgoing funds easily on the iPhone. The app automatically calculates the account balance after each transaction is made through the account. Any credit or debit from the account is monitored by the app and thus virtually gives the shock (or whatever the mixed feeling is when viewing account information) in installments by constant updates rather than in one go! Very helpful.

Spend Lite

This one is similar to Balance in the sense that this app could be used for planning and maintaining expenditure within the budget. Spend Lite is the free version of Spend and could be used to set 5 weekly budgets for food, entertainment, going out or any other thing one could think of. Each time any money is spent on a particular item, the value is to be entered and then Spend shows how much money is left within the budget to spend.

PayPal

PayPal mobile application for iPhone and iPod Touch could be used to operate one’s PayPal accounts from the phone. The app could be used to send money securely to anyone in the contacts list or to make purchases from mobile websites without any compromise on security. One could check the account balance also using the app. Another interesting feature is “quick pay” which could be used to send money even faster.

Loan Shark

LoanShark is another highly recommended app which provides a number of features to calculate various factors related to loans. LoanShark helps to compare loans from various vendors and let us calculate any component of  a loan, including payment, interest rate or loan amount, shows the full the Amortization Table for loan’s lifespan and even has options to study various scenarios that could occur which could lead to lesser or higher payments. This easy to use app with a very simple interface with all its features comes at a price of $4.99(only).Another attractive feature which is very much “i”, is the iPhone’s location awareness mechanism which is clubbed with this app to locate nearby banks.

Mobile Banking

Bank of America’s mobile app could be used to check available balances, pay bills, transfer funds and even to locate the nearest ATMs and Banking Centre Locations. All transactions are highly secure with advanced encryption technology and hold a special guarantee from the bank itself.

PocketMoney

PocketMoney is one of the most popular, traditional and eldest in the genre which first appeared 14 years ago on the Apple Newton.A powerful app, PocketMoney comes at a price of $9.99.PocketMoney can track any number of accounts, auto-complete transactions based on the payee generates expense reports and pie charts.

 

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