You learn a lot when you start college, and often one of the most practical—and challenging skills is keeping track of your money. Budgeting is hard enough as it is but it becomes even more troublesome when you’re a college student. From paying rent and utilities for the first time to throwing parties on the weekends when you’re trying to stick to a budget, personal finance can seem overwhelming.
Here are 7 Best iOS and Android budgeting apps for Students:-
Mint is one of the best budget apps. It securely connects to your bank account and automatically inputs purchases. Mint app can use your details to help create a personalized budget. This app can use your details to help create a personalized budget.
The Mint app uses the same security as banks and the team behind this service also makes TurboTax and Quicken, so you can trust that they take all possible steps to secure your accounts and your data.
2. Pocket Guard
The PocketGuard budget app connects directly to your bank accounts so that you always have access to your current transactions and balance. On the home screen there is a number that shows you how much money is in your pocket now, how much you have spent and your Income. This app analyzes your spending to identify recurring payments that you need to plan for and can identify your income so that you have a good idea of your cashflow. Simple charts outline where you spend your money, and a tap shows what you are spending in each catagory.
Taking advantage of the good, old envelope system, GoodBudget allows you to set aside money for expenses into categories or “envelopes.” This makes it possible for expenses to be planned ahead, creating an accurate representation of a college student’s spending power.
4. You Need a Budget.
This app is more than just a statement. You Need a Budget is a budget system that helps you create a budget that you can follow. Once anyone has desktop YNAB installed, however, they can sync their finances across devices, ensuring their budget count is updated no matter what they use. Transactions can also be imported from financial accounts and savings goals created for easy money management.
In addition to helping you budget there are classes that you can watch online to help get started, free with the service.
Mvelopes is another excellent budgeting app. Like GoodBudget, Mvelopes uses the envelope budgeting system to plot out expenses. You can pay bills, manage your budget and plan all from your iPhone or Android. You can also capture your receipts to track spending in real-time, which can be viewed as well through the Mvelopes web app.
Wally is a budgeting app that basically sticks to tracking spending and savings, making it best for those who don’t need to create detailed budgets. This app is completely free and lets you log your expenses with a manual entry or with a photo of your receipt. If you use location services Wally can even identify where you are at to save you a step when logging an expense.
7. Mobile Banking Apps.
Often the best way to keep track of your budget is directly through your bank. More banks are developing mobile apps, giving you the freedom to check the balances of all your accounts, anytime.