5 Top Apps That Simplify Money Management
By Sarah Kaufman
Don’t make money management harder than it needs to be. Try these apps that have been designed to streamline the way you manage your finances.
Venmo is an app that allows you to easily pay friends and family for anything. Out to dinner and need to split a check? You can pay your friend at the table. Owe your roommate rent money? Send it through Venmo. Although there is a 3 percent fee to send money using a credit card, it is completely waived if you pay with your Venmo balance, bank transfer or debit card. The goods news is that receiving money is always free.
This app is ideal of people who love to travel overseas. It lets you convert more than 190 currencies with just a few taps, and it allows travelers to get the most accurate exchange rates. Plus, OANDA Currency Converter saves your most frequent currency conversions, so if you visit a particular city often for business or leisure, you can easily view the conversion without having to spend extra time searching.
Free and secure, Manilla is the leading digital mailbox service that allows you to manage everything in one place, simplifying and organizing your daily life. With Manilla, you can manage all of your household accounts, such as your finances, bills, utilities, rewards, travel programs, Netflix queue, OpenTable reservations, daily deals, subscriptions and more — all with one-password access. Manilla provides free and unlimited online document storage, which means you get your bills and statements delivered electronically, but you can view, download and print a paper copy whenever you need it. Manilla also sends text and email reminders when your bills are due so you never pay late fees. Update (May 21, 2014): Manilla will shutdown services effective July 1, 2014.
Expensify takes the pain and hassle out of managing tedious expense reports. All you have to do is take a picture of the receipt you want to save and then simply upload it to Expensify. Then, the app will be able to automatically identify the merchant’s information, date and amount of the receipt.
Lemon Wallet is a popular tool that protects you in case your wallet is stolen and organizes all of your important card information. You can add any type of card — your ID, insurance, loyalty cards, credit and bankcards, and more. It’s easy to add them: You just take a picture of each side of the card and Lemon auto-uploads them to the app. You can even store copies of receipts digitally so you have records of them whenever you need them.
Sarah Kaufman is a regular contributor to Yahoo! Finance, Good Housekeeping, Woman’s Day, Redbook, The Motley Fool and other sites.
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