With the New Year ringing in, people tend to make resolutions for the upcoming year. One of the most common New Year’s resolutions involves money. This is either paying down debt or saving money for a specific goal. If you have an iPod Touch or iPhone the following are good applications to use to achieve this goal.
Before you can get a hold on your finances you need to get a handle on where your money goes. Consider using an application such as iXpenseIt to input your expenses. It will generate reports based on your transactions so you can find out where your money goes. You can also use this application as budgeting software.
Don’t want to keep a check register anymore? Use an application such as Balance to replace the paper/pen register you carry around. Never run out of room in your register again.
Once you know where your money is going, consider downloading a debt snowball application such as Pay Off Debt. Input all your bills and the interest rates and record when you make payments. You can also input an extra payment and it will show you how long it will take to pay off the debt based on the information you input. It will also calculate your total debt load based on the balances for each debt.
iStash is where you can input your savings information. It can track multiple accounts. Input what your goal is and update it as you put money aside. It has a visual of a thermometer so you can slowly see it rise to the top.
Consider getting an application such as mSecure to keep your passwords, account numbers, vehicle numbers, website logins, and insurance information. Just be sure to password protect the software to prevent unauthorized viewing.
Depending on who you bank with, they may have developed their own application. Banks such as ING and US Bank have their own mobile application you can download. You can download Mint.com and Quicken Online. Paypal has their own application as well.
Want to list you New Year’s resolutions out to keep them at hand? Make It Happen is a goal oriented software that lets you input your goals and keep track of your progress.
No matter what program and route you decide to use, just remember to keep your ultimate goal in sight. Your personal route can be as simple or detailed as you want it to be. The iPod Touch has many useful financial applications.