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Definitive User Guide to 5 Best Money Management Apps

Updated on May 21, 2014

Managing money is the key to financial success. Those that fail end up leading financially stressful lives, playing catch-up week after week and still don’t realize that money management is the single key skill that can completely change their financial nightmares to financial lullabies.

At this time and era, most tools that you need to make the process of money management much more simple and efficient are at your fingertips. All you need to do is to take a look around and find what suits your situation and buy it and use it.

A small amount of money invested on money management tools may go a long way to help you manage your money properly and possibly invest for future.

There are two objectives I wish to achieve with this hub; first is to introduce to you 5 best money management apps in the 21st century. Secondary is to impress upon your mind that if you are able to use the 5 apps effectively, you can save some extra money and invest.

The first part of the hub covers the importance of having the money management apps. We try to answer the question: Why should I have this money management app? The second and the final part of the hub gives details about the 5 apps and their core functions.

“The more leverages you use, the richer you become”

Why money management apps?

A tool helps you achieve better and faster results with less time. If you had to chop a trunk of a tree for firewood, an axe or knife makes it easier and faster compared to if you tried with your hands. Imagine you using your bare hands to chop up a one meter thick trunk of a tree. Sounds crazy isn’t it? This may sound crazy but in reality, some people are still using their bare hands to chop up the logs when they could easily use a knife or an axe. As a result, they hand up bruised, injured, frustrated, and some even end up being broke, sick and stupid as America’s foremost business philosopher Jim Rohn says.

A tool is Leverage. Something that helps you achieve more and better result with less effort. The 5 money management apps reviewed here are leverages. Robert Kiyosaki, self-made millionaire and better known as author of Rich Dad Poor Dad once said;

Now that we have aligned your mindset to the positive frequency, let’s become specific with the importance of money management apps. What will these money management apps help you achieve? Generally speaking, there are three important areas where these apps become useful.

  1. Budget
  2. Bills
  3. Debt


Budget is the single most important thing to manage if you desire to take greater control of your finances. There are apps that tells you the amount of money you have in your account and you can choose between the banks’ cheque-deposit app or any other apps that can help you monitor your credit card.


Most of us reading this hub may have access to electricity, the bills of which must be paid regularly. There are apps than can keep you updated about your bill deadlines. There are apps that can help you pay the bill directly from your phone or it can store receipts.


Debt management is a key skill in rising above your financial struggles. How about having apps that motivate you to be serious about paying off your debt fast? Well! That is possible. There are apps that can help you have all your balances in the same place and choose both the payoff method and which debt to put the extra money in.

The 5 best money management apps

App # 1: Mint

Mint stands out as the best app for money management. Website reviews done by customers of mint proves that this app is one of the most used and indeed one of the best in the century. How is mint useful? Mint plays an important function in your financial management by allowing you to see how much money you are spending by linking your credit cards and bank accounts. One interesting feature of mint is that it gives you overview of your accounts so you immediately know your daily, weekly, monthly or annual financial status.

With the mint, you can do up your own budgets for activities that you wish to include in your budget. Let’s says for instance, you may wish to include shopping, fuel, bill, entertainment etc. The important thing is that you have the upper hand to control your finances.

You can set up the app in such a way that it reminds you of the approaching deadlines you exceed your budget. I find this bit the most exciting. It keeps you in check. Even if your balance are low and you approaching time to pay your bill or something you have listed in your budget, mint will alert you. absolutely powerful little tool.

And if that is not all, in 2012, App Store named Mint as their best app. You are up to something exciting.

App # 2: Manilla

I would like to think of Manilla as a big note book. Are you the type of person who wants to have everything in one place so when you need it, you easily reach for it? I personally would love to have an app like this. Technically, it is an all-in-one financial organizer. To those with multiple credit cards, Manilla can take away your worries by linking up all your credit cards and anything else you want to input. There are customizable features that allows you to customize specific services to your preferences. That again is an exciting feature of Manilla.

Like the Mint, Manilla can also send you reminder or alerts so you always on target. Manilla is certain to buy your more time so you can focus your effort on other things.

App # 4: BUDGT

Not everyone are keen on giving away their personal details when login online. Of course you are aware of the issues of cybercrimes. If you are that type of person, then BUDGET is the right tool for you. As I said earlier, it’s just finding out the right tool that works for you.

With BUDGET, you don’t have to give your login details in order to use the service. Instead you can directly enter the amount of money you wish to budget. Then you add daily, weekly or monthly expenses. BUDGET then computes everything for you and keeps track of your money. I find this app to be the simplest compared to the other four. It sounds simple but may take some time getting used to it so do take your time.

App # 3: Toshl

Toshl may be thought of as an avid traveler’s best friend. Most people don’t realize that traveling, in itself takes a lot of time and energy. Long hours in air or driving along long roads or taking on the vast seas. One thing is for sure, at the end of your trip, you will always end up being exhausted if the trip is long. Having Toshl can help you get much done whilst you travelling. How? Toshl tracks budget your expenses. You don’t want to sit up tired after long tri[ trying to figure out how much your spend and what your budget like. Toshl does that for you with a click. No matter where ever in the world you are, this app still works despite the differences in currencies. This app helps you stay below your budget and enjoy your travel.

App # 5: Pageonce

Pageonce generally can perform the functions of the other four apps discussed earlier. It literally covers the three core roles of money management apps. Budget, Bills and Debt. It is interesting to note that CCN once described Pageonce as the ‘Cadillac’ among all money management apps. Cadillac should ring a bell. Top of the range. Highly capable of connecting all accounts into one system, putting your financial status at your fingertip to assist you manage your financial health. Doesn’t this sound exciting? Indeed it does. Why? Because in a flash of a moment, you can track everything using Pageonce, from bank accounts and loans to travel reward programs.

Which app do you prefer?

See results

Ending remarks

I have given you firstly the Mindset you need to look at the use of this 5 best money management applications on the positive side. Then I reviewed the core functions of the 5 apps. Before I end, I wish to remind you again that these are nothing but tools. A tool can be used for better or worse. A knife can be used to chop up woods. That same knife, if not used in the manner it should be used to give maximum benefit, can turn and injure you.

Another sad fact given by Robert Kiyosaki is that the people who don’t use leverage work for those that use leverages. That is to say, the more you get to know and use tools that helps you get more done with better results in less time, you are bound to get ahead in life compared to others that use less leverages.

© 2014 Ian D Hetri


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    • Ian Dabasori Hetr profile image

      Ian D Hetri 3 years ago from Papua New Guinea

      Thanks jena. You should give a try. Cheers

    • jennakottman profile image

      Jenna Kottman 3 years ago from Chicago, Illinois

      I have heard amazing things about Mint...considering trying it for myself after reading this!

    • Ian Dabasori Hetr profile image

      Ian D Hetri 3 years ago from Papua New Guinea

      peeples and AudreyHowitt

      Thanks for letting us know your thoughts. Mint it is then for both of you. Cheers.

    • AudreyHowitt profile image

      Audrey Howitt 3 years ago from California

      I keep thinking I should use Mint! Such a useful hub!

    • peeples profile image

      Peeples 3 years ago from South Carolina

      Thank you. I think I will try mint and see if it works for me. Great informative hub!