Personal finance apps for iPhone or iPad
Identifying the best personal finance apps for the iPhone is a daunting task, given the number of choices available. These top picks will help you stay on top of your finances.
What to look for
When choosing an app, consider what you're trying to accomplish. Typically, the best apps focus on doing one thing really well. Look at what your bank and brokerage accounts have to offer before surfing the app store. Major banks, especially technology-friendly ones like PNC, have mobile applications that report the balances on all accounts and let you pay bills and access e-bills.
However, third-party apps do many other things well. Three things to remember:
- Because most apps cost $5 or less, you can always bid adieu to an app with a minimum of regret if a new one turns your head.
- Apps are only as good as you make them. They reinforce smart financial decisions, but will not get you to balance a checkbook or stick to a budget if you have never done so.
- Keep security in mind when using your cellphone to help with your finances. All the applications reviewed have the ability to add password protection for the individual app.
Not an iOS user? Check out the best finance apps for Android phones.