We all need some way to manage our money. Even having banks is part of doing so. Banks allow us to store, keep track of and make managing payment and receiving easier for everyone. But even on a day to day basis, we should consider what kinds of things the advances in technology can do for us as money users. Since everyone who owns a phone or tablet uses money, it makes sense then to find out the best way to do so.
For example, it is possible for us to find out the best places to buy houses, using apps. Though it will depend on your location and country, you’ll know doubt be able to find the appropriate kinds of apps to aid you. The Telegraph lists some apps specific to the United Kingdom, that have multiple functions. For example, Mortgage Assistant for the iPhone “is by London and Country, a leading independent mortgage broker.” With it, you can help yourself make better decisions regarding loan rates and it helps you “to calculate costs, saving you time. Using this app does not rule out having to contact a human being, but it is a good place to start.”
All sorts of other aids are essential for something as big as buying a house. For example, a bond calculator that you can use online can help you make better decisions about paying off loans and managing your finances, too.
Other apps can be specifically designed with your bank or even by them. The FNB App is regarded worldwide as one of the best banking apps, for its simplicity, ease-of-use and varied functions. Its list of features is extensive:
- View detailed balances and transaction history
- Transfer funds between accounts
- Send payments (including once-off payments)
- Add, edit or delete recipients
- Make geo payments
- Do cardless cash withdrawals
These are just some of the many things you can do straight from your phone. Importantly, it helps you keep track of what your money is doing and where funds are going. By having things like push notifications, you’ll never be at a loss as to where and when your money went. Being informed is the most important thing a finance app can do – indeed, it’s the primary function of a financial advisor.
With these and other kinds of ideas in mind, it’s important to try find ways to use more apps in ways that can lead to efficiency and to create better, safer ones that help us keep track of our finances as we continue to make advancements in technology.