5 Tools to Help You Manage Your Personal Finances

Every person strives to have a financial discipline that can help them stay on budget. However, it can be challenging to keep a record of money expenditure at times. Different people have ways of tracking their money but only with the right tools that one is able to control their finances. That said, this article provides you with tools to use for financial management.

What Are Financial Tools?

These are tools used by companies or people for their personal financial analysis. The tools help in planning, managing, budgeting, and saving. Below are some of the best tools for your financial management.

Personal Capita

This is one of the best apps that can be used on a phone or tablet. Personal capital is an important financial management tool since it keeps track of all the income, preventing you from overspending. The app manages credit cards, crypto, bank statements, and others in order to ensure that you have insight into all your accounts and investments.

The good thing about this app is that it has an investment analyzer that updates you on the future risks of your finances. Personal capital can also provide you with saving tips according to your earnings. It alerts you when your bills are almost due so that you can always be on time.


Mint is another financial tool app that has helped many people with budgeting aims. The app is designed in a way it monitors your finances and investment to track your spending. Users can connect their bank accounts with the app, which provides safety to personal data.

You can have your personal goals for your finances when using the app since it offers a subscription tracker. The app will also alert you on how far you have achieved with the savings and if there is progress or not. If you are a person who struggles much with saving cash, this is your chance to install the app and enjoy its good management.


As the name suggests, these financial tools help make good budget decisions. It uses an envelope system to budget money from different accounts or incomes. The app has two versions, one that is free to use and the other you pay for the services. Whichever you choose to use, it still does its work, ensuring you stay within your budget without overspending.

The app is perfect for those people with big projects like starting a business or building a house since it provides boot camp that is good for additional savings. You can also connect it with your stock trading computer to track your data management.


Trim is another saving app that analyzes a person’s income to help them control their spending. In case you like cashing out more often due to specific reasons that are addictive, this app allows you to control how often you spend money. The app is designed to help users lower their monthly spending by saving more.

In order to be approved by the app, you need to apply, which is free then provide your financial statement to the management. You can always download the app on your phone and connect it with all your accounts and notice how disciplined you will become.


Morningstar is another platform where people can control their finances. The app is good at tracking expenditures, and it contains many features that enable people to save. However, one needs to subscribe to use the app since it offers a high level of security.

Users also need to maintain their portfolio and how often they use the app to keep being a member. This is the app to choose for anyone looking for a financial tool that provides valuable data and ETFs.

Wrapping Up

Remember that there are many financial apps on the internet, varying in their usage. Some of these apps are free, while others require a monthly subscription to maintain their services. On the other hand, you need to do research on these apps before using them. Such is to help you know you are dealing with the correct tool that will offer financial management. You can also seek the help of people who have used financial tools before to advise you on the best one to use.