In the hustle and bustle of holiday shopping, meeting a deadline to get things finished often takes priority over keeping our budget in balance. We are so consumed with finding the right gifts to complete our list, that we don’t think of what it means to our bottom line when all is said and done. As we turn the page to a new year, make one of your resolutions to be more financially organized which, will in-turn allow you to be better prepared next year.
Whether you need a budget, debt reduction plan or both, these great apps for Windows Phone 7 will allow you to be organized and stay on top of all your financial responsibilities.
1. Spending Money
This is a great app for someone who doesn’t need a whole budget, but needs to manage money until the next payday. It helps you stick to a weekly or monthly spending allowance by being a mobile bank register. Enter the next payday, spending limit, and spending as it occurs. Then watch the tracker count down how much money you have left to spend until payday. When you want to see where your money went, simply view the chart by day or category.
2. My Budget
This budgeting app allows you to manage multiple accounts tracking expenses for work and home. Assign each transaction a category to see where you are spending most. In addition to scheduling bills and transactions on the go, you can track expenses with spending limits and scan receipts to keep everything organized. View daily, weekly and monthly charts of budgeted expenses, actual expenses, and bills by category. The easy to use control panel and at a glance balance viewing will help you stay on top of your financial goals!
3. Finance Helper
This full budget app allows you to create a recurring budget with fixed and variable expenses. After your fixed expenses are established, you will only need to create a monthly budget for items that vary. In addition to managing a monthly budget, this app has a built in calculator which will estimate your monthly loan payment as well as interest for existing loans. A full repayment schedule will be generated for the loans you enter and the extra payment calculator will show you what interest you could save by paying a little extra each month.
This powerful budgeting system can be used to track expenses, as well as organize incoming and outgoing line items. Not only can you set reminders for upcoming payments, incomes and bills, you can also pin live tiles to your start menu so you will never miss a due date again! The colorful budgeting graph displays actual balances versus budgeted balances so you will be more careful to stay on budget. If you are a poor manager of credit cards, use the credit card usage tool which displays credit card payment estimates and warnings. There is a free trial but for $1.99 the full version is a steal!
Manage Debts and Property
A budget is only the first piece of the puzzle when it comes to personal organization and fiscal responsibility. Sometimes we have extra income and don’t spend it where it can best be utilized or we are the ones lending money or personal items never to be seen again. We get busy and as time goes by, we forget who borrowed what. There are great apps for tools to manage those type of debts as well.
5. Quick Snowball
This app is based on the Debt Snowball Method in which you pay the minimums on everything and attack small debt items first. Just enter your debt and interest rates and you will have a calculated balance along with a goal payoff date.
6. Debt Control
This is a great tool to manage borrowed money and items. Fill in the person’s name, contact info, and what they borrowed from you. You can attach a picture of the item so you can see if there was any damage done to the property upon it’s return. The “My Debts” page will display who borrowed what, a picture of the item and how long it has been borrowed. Then, you have the option to call the person about the item’s return. No more forgetting who you lent that book or money to.
As you roll into 2012, what are you going to do to take control of your money and personal property?
Image credit : alancleaver_2000