Keep A Track Of Your Money And Plan A Better Future Amid Covid-19 Pandemic With These Personal Finance Apps

As the pandemic continues and many suffer job losses and pay cuts, it's necessary to keep a tab on your spending and carefully plan your household budget. Here are 3 apps that can help you with it.

Representative Image: AFP

New Delhi: Ever since the pandemic started life as we know has been disrupted, with bills being delayed they seem to have piled up, and by staying at home for long hours you are faced with things that need fixing which has been ignored for years if not months. Budgeting and knowing how and when to invest in will help you handle money like a pro. Now bringing out the calculator and sitting a going through stacks of the bill is intimidating and really unnecessary when technology always finds us a simpler way. Personal finance apps are the user friendly, easy modes to help you have control over your monetary decisions. Making smart money choices doesn’t necessarily mean not investing in anything and saving all the money you ear, spending mindfully, and being aware of how you spend is key. Here are 4 apps that can help you manage your finances during these tough times Chillr: While this app was started as a multi-bank payment app but there are some really good features that have been designed keeping in mind the Indian mindset. Users can pay their bill directly through their banks, without the use of any wallet, users can link 3 banks under one number. So, if a user has 3 bank account they can keep a track of all three of them. The app became famous for the bill splitting feature, in which a group of friends can split a bill in a restaurant, extra equally. mTrakr: The personal financing app can help you budget and keep a track of your expenditure. The app also notifies you when you have overspent your budget, which you can set for yourself.  The app lets keep a track on your bank and credit card balances as well. But one of the best features of this is that the app calculates the amount of tax that needs to be paid depending upon the income. Tax is something all millennials find scary and an app that can help you do it for you is perhaps a win! Walnut: It is a highly rated app that helps users categorize their spending and split it accordingly like bill, loan EMIs, SIPs, household expenses, groceries etc. The app also analyses data from your SMSes and email communication to better understand your cash outflows, so that nothing is forgotten or hidden and gives you an accurate balance every time.