,

6 Essential Money Management and Budgeting Apps for Entrepreneurs

 

Searching for the best apps to save you money can be an exhausting process. Every day a new app or software program comes on the market, and it is dizzying to figure out which ones are worth the download. As an entrepreneur, your time is very valuable, and you need quick and easy-to-use resources that will help make your life simpler.

With that in mind, let’s run down the best apps and software for entrepreneurs dedicated to helping you budget and manage your money in 2016.

It’s All About the Budget!

Let’s face it, no one likes to budget, but as an entrepreneur, you know that every penny counts when it comes to building a successful business. Good money management starts at home, and these apps will take the guessing work out of managing your money.

YNAB
Aka You Need a Budget, YNAB is one of the best budgeting programs and mobile apps on the market. Available for iPhone, iPad, and Android, think of YNAB as a budget angel in your pocket. If the thought of making a budget gives you an instant panic attack, no need to worry, YNAB is easy to use, and dare I say fun. Better yet, if you are a student, you can receive a free version of YNAB.

MINT
Mint is the granddaddy of budgeting software and apps, and provides a comprehensive look at your savings and spending throughout the month. With Mint you can pay your bills, check your credit, manage your budget, and receive custom alerts for any charges that might be fraudulent.

WALLY
Wally has been rated the #1 Finance app in 22 countries because of its “seamless, intuitive money management” features. To make your budget work you’ve got to know your numbers, and with Wally, you can balance income and expenses with ease and have your numbers at the tips of your fingers.

UNSPENT
For those of you that are begging for a very simple budgeting app to help you keep track of what you’re spending without all the fuss of a complex budget, Unspent will be a mainstay app. You can create one-off budgets and as they say, keep it simple.

What’s Your Score?

As an entrepreneur, it’s easy to overlook how important your personal credit score is to your business success. As the adage says, “You’ve got to have money to make money.” Keeping a strong and healthy credit score will enable you to secure the capital you need to keep your business growing. Credit scores range from 300-850, and you should make a point to check your score at least once, if not twice, a year. The good news is that there are now two great apps that can keep you on top of your score and alert you at the earliest sign of fraudulent activity.

CREDIT SESAME
Credit Sesame’s online program and companion app are a great way to safely and securely monitor your credit cards, loans, and other debt. Also, you can view your credit score and get your credit report right on your phone.

CREDIT KARMA
With Credit Karma’s online program and companion app you can also view your credit score and stay on top of your debt, much like Credit Sesame. Credit Karma’s app also offers tips on how you can better your credit score combined with daily credit monitoring.

What other apps do you rely on to manage your money? Tweet us your favorites at @credibly360 and @ShannahGame!