Are you using your smartphone to its full potential? If you’re not you could be missing out on a lot of good things. Smartphones are more than just your ordinary phone, and they can make your life so much easier.
Having access to your bank accounts, loan accounts, Paypal and other online payment services, and even your credit card accounts is one of the ways that your smartphone can help you. This makes tracking your money easier, as well as shopping and paying your bills.
Watch Your Credit Score
You can use your smartphone to keep an eye on your credit. Many credit score sites, like Credit Karma, have apps that you can use so you can stay continually updated of your fluctuating credit score. If you’re working on paying off your debt it’s good to stay abreast of your score.
If you’re working with some sort of credit repair agency, having a continual line to your score will also help reassure you that their assistance is working. It’s also a good reminder when you’ve put more debt on a credit card or forgotten a loan payment as well.
Use Online Banking
Online banking is an excellent asset for individuals and small businesses. By using both online and mobile banking you can stay in the know while you’re on the go. Check your savings account to see if your income taxes deposited or check your checking account to see if your last loan payment cleared.
You can even use online money sites like Paypal and Wepay using your phone. Get notifications when someone has paid you or sent you a donation. You can even use your Paypal without a Paypal debit card at some retailers these days when you’re shopping in person, so it’s an account worth having.
Track Your Online Shopping
You can also use your phone to shop online. Amazon and Ebay both have apps that make it easy to get everything you need from the touch of a button, even when you’re sitting on the bus waiting to get to your next destination.
Another great thing about your smartphone and shopping is that you are directly connected to your email and places you shopped, so you can track your packages from anywhere. Knowing when a large package is supposed to arrive can help keep it from getting stolen off your porch.
Pay Your Bills
And, or course, you can pay your bills right from your phone. You can pay them on the website, or you could set up automatic payments from your bank or credit union account. Set up text reminders or email reminders of when money is coming out so you make sure not to overdraft your accounts.