Financial and budgeting skills

This technology will help you manage money and bills.

Creating a budget: There are multiple apps available that enable you to input your monthly income and expenses to generate a budget that fits your needs. Plus, some programs are able to catego-rize and track transactions, which could help you see exactly how much you spend in certain areas on a month-to-month basis.

Setting reminders: Do you occasionally forget to pay a particular bill? Or are you looking for a regular reminder to keep an eye on your account balances? Look for an app that lets you schedule reminders that suit your needs, whether it’s an alarm that goes off for monthly bills or a service that automates payments you might otherwise forget to make.

Digitizing services: You’re probably aware of your bank’s direct-deposit services, but did you know that you can send payments, request refunds, and view transaction history using your bank’s mo-bile app? You can also find apps that feature calculators designed to help you make investment decisions, as well as determine your net worth, calculate the time value of your money, and esti-mate your insurance needs, among other things.

Shopping (and saving): Some apps are designed specifically to help you save money in a variety of ways, from searching for the best local deals to calculating the cost of driving from point A to point B. If you’d like to dial back your spending, look for an app that can help you cut costs. For example, apps can compare the cost of groceries at one store against another, or help you find the lowest gas prices in your area. That way, you can put the extra money you have from being a savvy shop-per toward a long-term goal, such as home ownership.

Source: www.kossolinger.com/how-can-technology-help-me-manage-my-money/

Examples of APPS

Mobile bank apps

Allow you to check your balances and pay your bills directly through your smart phone/ tablet or computer. Search for your Bank within the app store for your device.

Bills Organizer

Bills Organizer can help you track your bills and offer payment reminders.