To 5 Personal Finance Apps Of 2014

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Every day I make it a point to scroll through a few different finance blogs. Obviously, there’s a few reasons I do this; I see trends, I learn more about my industry in general, and most importantly, I really enjoy reading other blogs. Anyway, as I’ve been scrolling throughout the past few weeks I’ve been noticing “Top 5 Finance Apps of 2014”. So, I figured I’d let you know what I view as the top finance apps to use in 2014. Here are the top 10 apps I use to manage my money!

First Place Goes To Mint.com

Mint.com Personal Finance AppIn my opinion Mint.com took first place last year, they take first place this year, and chances are they’ll take first place next year. The bottom line is Mint.com is the most comprehensive, all inclusive personal finance app out there today. The way it works is simple…

  • Signing Up – Signing up for Mint.com is simple. Click here to go to their sign up form. The form will have general fields like “Your Email”, “Your Name”, “Your Password”. Fill this out and move on to the next step.
  • Set Up Your Account – When you log in, the app will take you through a tour that will show you how to set up your account. Setting it up includes linking your accounts, setting goals, etc…
  • Track Your Spending – Once your accounts are connected, Mint.com will track your spending by tapping into your online account information. As the app tracks your spending, it categorizes your purchases making it easier to see where you can trim the fat.
  • Track Your Investments – Mint.com also connects to your investment accounts. As a result, you’re able to track your investments in the same place you track everything else!
  • Track Your Debts – The app will also track how much you owe on credit cards, auto loans and more. It will also give you tips that will help you pay your debts off faster.
  • Ads Beyond Ads – Any free tool is going to have some form of advertising. When it comes to Mint.com, they’ve come up with a way to monetize advice. So, the ads you see will actually help you. For instance, if you’re trying to build your credit, you may see an ad for a secured credit card.

Second Place Goes To Credit Sesame

Credit Sesame Credit Score AppCredit Sesame is a close runner up. There are tons of free credit report and score websites out there, but few of them are truly free. Of those few, Credit Sesame is my favorite. Here’s why…

  • Accurate Reporting – As I mentioned above, there are a few different free credit monitoring and score apps out there. Unfortunately, not all of them provide accurate reporting. I’ve found the reporting at Credit Sesame to be as accurate as my credit report from AnnualCreditReport.com!
  • A Great Scoring System – The truth is, you’re not going to get your actual FICO score for free unless you sign up for a free 14 day trial on a paid app. Instead, Credit Sesame has come up with their own scoring system. Although, there are few people that know the inner workings of their scoring system, I can say the scores they produce are a great depiction of how your credit stands.
  • Ads That Assist – Credit Sesame has adopted an ad system much like what you see at Mint.com. The ads that you see are designed to help you financially. So taking advantage of offers is really a win, win.

If you’re interested in Credit Sesame, sign up free here!

Third Place Goes To Personal Capital

Personal Capital Finance AppPersonal Capital is an awesome app with a pretty cool main focus. It works a lot like Mint in the sense that you connect accounts and it tracks changes. However, the main focus on the Personal Capital app is tracking your personal capital. Here’s why Personal Capital makes the top 3…

  • Easy To Understand Data – There are tons of apps out there that track financial data. The only problem is that many of them are very hard to understand. Charts and graphs that make no sense won’t help you financially. The information Personal Capital provides isn’t just accurate, it’s easy to digest.
  • Know Your Personal Capital At All Times – How much money do you have that exceeds your debts? Yea, I didn’t know of of the top of my head either. These days, I just sign into personal capital and find out! You can do it too!
  • Invest Through The App – Personal Capital isn’t just an app that allows you to track how much money you’ve got, how much money you’ve spent, and how much money you owe. They also provide a huge database of investment knowledge, and they’re a registered broker. So, you can make your investments with them!

If you’d like to see what Personal Capital is all about, Click Here To Join Now!

Fourth Place Goes To Out To Eat With Kids!

Out To Eat With KidsOK, if you follow this blog, you know that I don’t have kids, but that doesn’t mean you don’t. In a past relationship, my ex had a child and I remember how much more it would cost us to go out to eat. If I had this app back then, it would have saved me tons! Here’s what I love about Out To Eat With Kids…

  • Find Kids Eat Free Deals – Taking your family out to eat can cost much less if you find restaurants where kids can eat free. Out To Eat With Kids is a database of restaurants that do just that!
  • Find New Places – This is where the app comes in handy for me, even though I don’t have any kids. Ana and I like to find exciting new restaurants. Sometimes, we’ll get in the car and drive until we find something we’ve never had before. This app is like a restaurant database. So, it shouldn’t be hard to find something new to try.
  • Stay Within Budget – If your a frugal person, chances are you’ve got a budget when you go out to eat. With Out To Eat With Kids, you’ll get a good idea of what you’ll spend at a restaurant before you go!

To learn more about Out To Eat With Kids, click here!

Fifth Place Goes To Lending Club

Lending Club Investing and Borrowing AppOK, some of my personal finance blogger following may have a grudge against peer to peer lending. However, in my case Lending Club investing has been a great way to go; and by doing so, I help people get low interest loans. Here’s what I like most about the Lending Club App…

  • Find Loans To Fund Fast – One of the biggest issues with peer to peer lending is finding quality loans to fund. With lending club, they make the process simple. I just pick a few credentials that I’d like to see in prospects and a list is displayed for me. It can’t get much easier than that.
  • I Love The Secondary Market – The secondary market has to be my favorite. There are tons of people that invested, but need their money back as quickly as possible, and they’re willing to take a loss. Often times, I pick up great loans at crazy discounts because the investor couldn’t afford to allow the loan to mature. Also, if a loan isn’t doing well, I can get rid of it in the secondary market!
  • High Returns – Although I have had a few loans that I’ve funded go into default, when I look at the overall return on my investments as a whole, I’m happy with the little over 8% I’m earning annually!

If you’re interested in signing up for Lending Club as an investor, click here. If you’re looking for a low interest loan, click here!

Do You Know Of Any Awesome Personal Finance Apps I Missed?

These are my 5 favorite personal finance apps, but I know there are tons more out there. Are there any other apps that you would add to the list if you could? Let me know in a comment below!

Awesome Reads From The Personal Finance Blogosphere!

The Pool Rule: How To Save Money With Zero Sacrifices – I’m a new follower of First Quarter Finance, but I’m glad I happened across this blog. William’s work is awesome! In this post, he explains how you can enjoy everything you love and pay less in the process! Ohh yea, and he coins the phrase “The Pool Rule” which I absolutely love!

How We Told Our Children About Our Debt Situation – In the PF Blogosphere, I’ve got a few favorite writers. Laurie from The Frugal Farmer is definitely one of those! Well, she’s been all over the place lately, I’m seeing her on almost every blog I follow! Here’s a post she wrote on The Heavy Purse that could help you explain your debt to your children!

12 COMMENTS

    • Hey Dee, thanks! Yea, Credit Sesame is awesome, and out to eat with kids is great even if you don’t have kids because you can find new places to eat! Thanks again!

  1. Great list! Mint would be my number one as well. It’s awesome!

    I love Personal Capital as well, it works great!

    I want to try Out to Eat With Kids, it sounds like a great idea.

    Great post, Joshua!

    • Hey Kalen, thanks for swinging by. Mint and PC are definitely awesome. You should definitely give Out to Eat With Kids…it’s another great one. Again, thanks for swinging by!

  2. I don’t think we have all of those apps in Canada, but we definitely have Mint. I got rid of the App quite awhile ago as I switched to a traditional spreadsheet for my budget, which works better for me, but I remember how convenient it was to be able to pull everything up on Mint.

    • You know, I really like traditional budget spreadsheets as well. These days, I use them side by side with tools like Mint. Thanks for swinging by!

  3. I haven’t used ANY of these apps yet so I appreciate the overview. I definitely need to spend some more time testing out the various personal finance apps and tools out there, just haven’t gotten around to it quite yet.

  4. I love the app Pick2Pay that helps me save on every purchase- they got it right with the discounted e-gift cards purchase – which i thought was slick.

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