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Jan 11, 2019

Advantages of Money Tracking Apps

If you would like to take complete control of your money, you should first know how you spend your money. Every coin that you spent out of your pocket should be tracked. This is important because you will know the difference between how we think we spend money and how we spend it in real sense. It is not difficult to track your cash today especially if you have a smartphone. The word smartphone came because the phones have smart apps like the ones that track your money.

People enjoy other benefits apart from communication when they use smartphones. You will be able to know where you have been spending your money when you install money tracking apps in your phone. Money is saved when you have these mobile tracking apps because they prevent you from spending money on things that you do not need. You will have to choose the mobile tracking app that you think is the best one for you because they are many. It is an advantage to have these mobile tracking apps because you will not have to carry a laptop with you.

Mobile chequebook is one of the money tracking apps found in phones. You will be able to follow closely your bank and credit card accounts when you have this app in your phone. If you have mobile chequebook app, a ledger will not have to be written. In the app, you are only supposed to input the details of your bank and the rest of the work is done for you by the app.

Another example of money tracking app that is available is the MiBudget. This money tracking app needs you to only follow the budget that you have set using the app. Personal and business objectives can be solved using this money tracking app because it can be customized in the way that you prefer to use it. Another mobile tracking app called shares plus can help you trace your stocks. You will be able to also follow the stocks that you are interested in investing in when you have this app. You will be able to save time that you would have spent to search online how your stocks are doing when you use this app which makes it best.

There are some people who go to different countries, and they will need an app called currency exchange rates in their phones. You will be able to calculate the currency of different countries when you use this app. My Timesheet is a mobile app that is usually used by workers. You will be able to show honesty your boss your working hours because the app helps you to track your time. There is another money tracking app called CreditCard manager. This app is essential because it helps people track all transactions that are done with credit cards and also the payments made to them.

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