Budgeting Apps to Help Balance Your Checkbook
Keeping your checkbook balanced properly can help you manage your finances and avoid overdrawing your checking account.
Keeping your checkbook balanced properly can help you manage your finances and avoid overdrawing your checking account. But sometimes, it’s easy to make simple math errors or forget to record transactions, both of which can mess up your balance and give you an inaccurate picture of what is in your account. Luckily, there are several budgeting applications you can use to help you not only manage your spending, but also balance your checkbook.
1. Day Bank
The Day Bank Checkbook app is a popular choice among young adults who not only want to keep track of their spending, but also lump transactions into categories and receive updates on how they are managing their budgets. The application is currently only available for iPhone users and comes with a purchase price of $1.99, but it includes income and expense tracking, charts and graphs, budget alerts and even transaction grouping.
2. Clear Checkbook Money Management
This free app is available for the iPhone, iPad and Androids, and allows users to monitor balances, input transactions, categorize their spending and generate reports on their account activity. In addition, the app imposes spending limits that you have set up as a way of encouraging you to stay within your monthly budget.
The Loot app for Android phones is a free service that acts as an electronic checkbook for users. The app is simple and allows you to input a starting balance and add your transactions as you go along, which will be deducted from your initial amount. In addition, the app does not directly link to checking or savings accounts, which adds an additional layer of security for users who are concerned about privacy issues.
The information contained herein may not represent the views and opinions of Zions Bank or its affiliates and is intended for informational purposes. It is presented for general informational purposes only and does not constitute tax, legal, investment or business advice.