3 Ways Your Phone Makes Tracking Your Finances Easier

Filed under Guides by Adam Torkildson on November 9, 2016 at 9:39 AM

Mobile phones are probably one of the most revolutionary technologies of the century. Sure, there has been a host of really amazing inventions in the last 100 years or so that completely transformed the world, but in terms creating a new world in itself, mobile phones have done that.

Smartphones took the invention of the internet and ran with it, but today, mobile phones allow for the average person to do an unlimited number of things which means that productivity has really taken off to new heights. The fact that “There’s an app for that” is liberating for individuals and businesses everywhere. You can do anything from your phone and this makes going through day to day life more convenient and productive. Speaking of phones making things easier, here are 3 ways your phone can make tracking your finances easier:

You Can Manage Your Credit Cards

Gone are the days of having to get on a desktop computer to check your account balances. In fact, gone are the days of having to wait for your bill in the mail, having to send off a check in the mail or having to wait for your dial-up to connect. So much time was wasted before the invention of mobile phones! Thanks to this amazing technology, you can manage your awesome credit cards with the touch of a button. No more hassle, just easy viewing, payment, and perks.

You Can Transfer Funds Immediately

There are a lot of different avenues for transferring money to and from people, but perhaps the best is the CASH app because it doesn’t charge you a fee. If you owe your friend, your brother, your dad, or your dentist money for anything, all you need is a phone number and you can send a request and get your funds transferred to your bank account in a snap. No having to wait 5-10 business days. Instant money, instant satisfaction, easier life thanks to mobile technology.

You Can Create A Mobile Budget

Budgeting is a really smart thing to do because you can see exactly where your money is going, but since online banking makes it easy to see where you spent your money, budgeting in the old way doesn’t happen as much anymore. So even though you can just look at a bank statement any time, it’s a good idea to still download a budget app. Find one that does the data transfers from your bank statement immediately so you know where your money is going at first glance.

There are endless ways the mobile industry is transforming finances and finance management. Say goodbye to archaic ways of doing things, because your phone is your best friend when it comes to taking like by the horns and absolutely slaying.

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