money tools

Money Tools to Organize, Manage, and Save you Cash

If you need help with your money, there’s good news. There are money tools available to help you organize, manage and save you cash.

The bad news, there are a ton of them out there to sift through. To help you find the right ones that will work best for you and your personal money situation, Money Management Pro has compiled a list of our favorite tools to help you narrow your search.

Here are some of our favorites.

Money Tools

Excel – Microsoft Excel is a spreadsheet software developed by Microsoft for Windows, macOS, Android, and iOS. It features calculation and formulas that are great for creating budgets. If you are not up for creating your own template in excel, don’t fear there are some great ones that already exist.

Personal CapitalPersonal Capital is a free online financial advisor and personal wealth management tool that allows you to aggregate all of your accounts in one place. This gives you a great way to keep tabs on your financial big picture and track your net worth.

Ibotta – Is a smartphone app to earn cash back on in-store and mobile purchases with receipt and/or purchase verification. They offer cash back on hundreds of grocery items and a $10 sign up bonus just for joining. 100% of your Ibotta earnings can be transferred to PayPal or Venmo as soon as you’ve earned $20. If you’d rather convert your earnings into a gift card, you can do that, too.

Rize – The intelligent savings account that automatically saves for goals you care about. Rize is modeled on the 401k, which is a proven saving mechanism that helps people save lots of money because it forces you to pay yourself first.

Rize gives you the ability to save for goals you set that add value in your life, like retirement, a vacation, or a future purchase. You can have multiple savings goals at once which all help you start building a saving habit and separate this behavior from spending.

Rize differentiates itself from traditional brick and mortar banks by offering higher interest, in fact, 15X higher. Since Rize in on the brokerage side of the house a Social Security number is needed during set up, and your account is SIPC insurance with protection up to $250,000.

Calculators – Calculators are great tools to assist you in complicated calculations in just about any area you need help, from mortgages, auto loans, credit cards, investments, retirement, etc. From the simple calculator on your smartphone to more detail online versions, there’s a calculator to fit your need.

Tiller – Spreadsheets are the most powerful and flexible way to track your money. Tiller use Google Sheets because it is secure, collaborative, and customizable. Each day Tiller syncs your latest transactions and balances to your sheets with its daily automated bank feeds. Use one of Tiller’s finance spreadsheet templates or build your own money management dashboard.

Digit – The premium set it and forget it app. To use Digit, you need to connect your checking account. This allows Digit to analyze your income and spending, and find money it can safely set aside for you.

Every day, Digit tries to move some money from your checking account to your Digit account. Digit never transfers more than you can afford, so you don’t have to worry about over-drafting your account. In fact, they have a no-overdraft guarantee, and all of their accounts are FDIC-insured.

You have access your savings anytime. When you need your savings, send Digit a text message. Digit will transfer the money from your Digit savings back to your checking account next business day. You can text digit at any time with various keywords to check in or change the status of your savings.

EveryDollar – EveryDollar is an easy-to-use budget tool based on a proven plan that helps you focus your money on what matters. Budget from your computer, iPhone or Android device. If you are a fan of Dave Ramsey, this budget tool might be right for you.

Blooom – Blooom is an online 401K management tool that will manage your first $5000 for free and $10 a month for anything above that. Take a minute to link up your 401k and maximize your investment, see the health of your 401k at a glance Optimize your 401k options and minimize hidden fees. If you think you 401K need a makeover, Bloom might be the tool for you.

YNAB – Is a Budget, and, Expense Tracker software that will help you break the paycheck to paycheck cycle, get out of debt, and save more money. On average, new users save $600 in the first two months. It features Bank Synching, real-time access to all your data makes it simple to share finances with a partner. Debt Paydown, a tool and teaching you need to help you get out of debt for good. Goal tracking and reporting, detailed, visual spending and trend reports help you measure progress and improve.

Cinch – Simply put, Cinch is a personalized, always-on CFO for your everyday finances – available right in the palm of your hand. Cinch operate as a fiduciary, which means they are totally unbiased and have only your individual financial health in mind. Unlike others, they don’t get paid by the companies or products that they recommend.

The best thing about Cinch, compared to others, is that they actually do something for you. Instead of just showing you charts and graphs of how much you spend or scolding you for your Starbucks run, they provide detailed, exact and actionable guidance that actually has an impact.

So that our list of best money tools to help you organize, manage and save you cash. What do you think? Are you currently using any others? Are there any other useful money tools we overlooked?

6 comments

Comments are closed.