Clarence Thompson is owner and founder of Capital Connoisseur Group, LLC, a financial education and consulting company. Capital Connoisseur Group specializes in financial management including Savings/ Budgeting, Mutual Funds (401(k), IRA), Stock market investing, Estates/ Wills, Insurance (Life and Health), Real Estate financing with over 10 years of financial services experience. Now he is looking to share his expertise advise with you!
I can truly remember vividly what it was like to not have a smartphone. The worst part of not having a smartphone for me was having to print the directions to wherever I was going ahead of time. I can’t imagine life without a navigation system in the palm of my hands at all times. However, what’s worst is not knowing how much money is in your bank account. No one likes those pesky overdraft bank fees. Smartphones and online banking has made life much simpler for many of us. I want to share with you all some of my favorite financial apps that will help you manage your finances and stay organized.
Business travel will never be the same with this app. Many people view business travel as a paid vacation. So it is no surprise how relaxed we can be with keeping track of what our money is spent on and tracking receipts all day. Expensify will track what you spend and let you keep a photo log of your receipts (which are automatically scanned and input into your expense records). It will also import bank and credit card data from most major providers, including American Express, Discover, Chase and Bank of America, to round out the picture. There is even a field to input mileage and time spent on the road.
Usually the most talked about and well know Mint allows you to look at all your accounts in real time. This app allows you to create and upload a budget and will send you an alert when you surpass your budget for a particular expense category. What I enjoy most about this app is that it is very visual and provides chart and graphs for those that despise looking at numbers.
Provides a much cleaner look for those who don’t feel the need to be detailed about every penny spent. Spendee groups expenses into large categories to allow user ease of identifying overspending.