Whether you’re just trying to get your footing as a financially independent newbie adult, or you’re deep into your career with house and car payments and a whole bunch of other bills, it’s good to feel like you know what you’re doing with your money. Being in control of your finances doesn’t just mean spending less money, though—it means knowing where to spend it, and when you should take the plunge and spend a little more.
Figuring out which things are worth the extra expense—a family vacation, the occasional fancy dinner out, a monthly investment that will let you take advantage of compound interest—is essential. Knowing where your priorities should lie will allow you to plan around those splurges by cutting elsewhere. But how do you know which is which? Here are a few apps and website that will help you educate yourself when it comes to money matters.
Get a money-management app.
There are a lot of free, quality apps you can use to manage your spending. One of the most popular is Mint.com; signing up and getting the app on your phone will give you the tools you need when you need them. You’ll be able to do things like create a budget, track where your money is going, and get tips on fee reduction and savings. Other money apps worth downloading include Wally and You Need a Budget (YNAB).