Learn how to use some free and easy apps to keep control of your budget.
Talking Points:
- Mint is an established budgeting software and app that is user-friendly. This app requires the user to input all of their financial information including accounts, investments, loans, credit cards, etc., but once all of that is in, the app starts tracking the user’s finances.
- Wally is an excellent app for setting budget goals as well as tracking spending based on location and who the user is with. It also allows the user to take pictures of receipts when inputting spending.
- Fudget is an app aimed more at the user who already has a good grasp of their budget but is looking for a better way to stay organized. It is much simpler than the previous two apps and is the quickest to learn.
Discussion:
- Initial reactions to this topic? What jumped out at you?
- How would you rate your budgeting/money management skills? Why do you rate yourself this way?
- Have you ever used a budgeting app or software? If so, what has your experience been like?
- What are some of the advantages or disadvantages of having instant access to your budget throughout your day?
- Is there a step you need to take based on today’s topic?
This topic is adapted from the Tasia Custode YouTube channel.
