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Why managing finances has become more important due to COVID-19? Check out these top apps!

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Why managing finances has become more important due to COVID-19? Check out these top apps!

The world is under immense financial distress due to COVID-19 outbreak. Times are tough. Whether you earn a lot or just get by, watching where your money goes is now important than ever. Therefore, during such times, it is essential to watch your spending, investments, and more.

As per the news posted on Finance Infinity, today several apps offer financial planning assistance through their unique services. Here is the list of top apps in India that can help you make better financial decisions, based on the data gathered from your accounts. And the best part, you can access your financial situation wherever you go.

  1. Mint: Founded in 2006, this app offers almost every service to the customers including bills and balances, credit score and a lot more. Mint lets you know when bills are due, what you owe, and what you can afford to pay based on the funds you have available. Apart from updating numbers, it will also help you in savings through recommendations that the app will make after analyzing the expenditure patterns.
  2. You Need a Budget (YNAB): It is unlike any other budgeting app you’ve used before. YNAB helps you stop living paycheck to paycheck, pay down debt, and “roll with the punches” if something unexpected comes up. With this app, you can also set up weekly/ monthly budgets.
  3. mTrakr: A prominent startup that was founded in 2015, it quickly became one of the leading expense management apps in India. It displays all the data together including your debit card and credit card transactions, etc. What’s more interesting is that it also provides graphical representations of your income and expenses through graphs and pie charts, making it more interesting and easy to comprehend for the users.

For more information, read the article on FinanceInfinity.com.

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