10 Personal Finance Apps That Belong on Your Smart Phone

From keeping tabs on coupons to calculating Bitcoin investments, there's no shortage of mobile personal financial apps that will come in handy for the estimated 222.9 million mobile phone users in the U.S. today .

If you're in the market for a personal finance app or two, these ten are among the best, with explanations as to why from people who actually use the apps.

Editors' pick: Originally published June 16.

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Mint
Mint

"My vote for the best financial app to have on your smartphone is Mint," says Nicholas Vail, a wealth manager at Integrity Wealth Advisors, in Indianapolis. Vail notes the foundation to getting ahead financially in life is to spend less than you make. Once you have positive cash flow, all other options can come into focus, and that's where Mint can help. "Using Mint can help you to establish a budget that you can stick to," he says. "It automates just about everything so that once you set it up, you only need to spend a few minutes a month reviewing your budget. The best part? It's completely free to use."

My Budget Book
My Budget Book

Another great mobile app for personal financial budgeting and tracking is My Budget Book. "It's an app I use every day for personal financial help," says David Kosmayer, founder of Bookmark Website Builder Inc. and a self-described regular mobile app user. "The app features all kinds of fine details and allows you to set limits by category," he explains. "Thus, you can decide how much to spend on clothes, entertainment, and other financial categories." Additionally, My Budget Book features 100% offline support, no ads, no in-app purchases and a themed, material design interface that is "highly customizable and very powerful," Kosmayer says.

Digit
Digit

Automated deposits should be a priority for any financial consumer, says Sacha Ferrandi, founder and CEO of Source Capital Funding, Inc., in San Diego. "With Digit, it's easy to schedule automated deposits into your savings accounts," Ferrandi says. "It's an app that helps you save money by automatically depositing the optimal amount of money into your saving account, based on your monthly spending habits." With Digit, you can set up these automatic deposits through your bank and various payroll companies, which allows you to save money without having to even think about it. "When using your bank or payroll company to make this savings deposit, the amount deposited is generally based on a given percentage or a set dollar amount," Ferrandi notes. "Digit's sophisticated algorithm monitors your monthly income and daily spending habits to determine how much money to pull and deposit into your savings account - allowing you to start saving with little to no additional effort or afterthought." Digit is free for the first 100 days of services, and costs $2.99 monthly after that.

Tony Robbins Money
Tony Robbins Money

If you're looking to tap into the emotional side of the money management experience, try Tony Robbins Money. "I'd recommend it," says Carrie Wood, chief marketing officer at Lease Ref, a commercial leasing firm in Toronto. "It has standard features you would expect from a financial app, but also has some Tony Robbins flair to it, like hearbeat/breathing exercises for when you get too stressed out dealing with money issues," Wood explains. "It's free at the app store and is tied in with his new book and podcast."

SavingStar
SavingStar

"This is a mobile app that is really helpful for saving money on groceries," says Brandon Yahn, founder and CEO of California-based Student Loans Guy, a web platform that helps Millennials save money on their student loans. "Their website mobile app features offers from leading grocery and drugs brands to save money on multiple products," Yahn says. "You link your store loyalty card number with your SavingStar account or upload store receipts for stores without loyalty card partnerships. You then buy the products on promotion and get cash back into your SavingStar account."

Quicken
Quicken

Users of the Quicken mobile app say it has, among other helpful features, a built-in firewall against financial fraud. "Getting fast alerts from Quicken on spending not only helps you know if you manage expenses and know when you are overspending, it can also alert you to fraudulent transactions in a timely manner," says Kay Bransford, money manager at MemoryBanc, in Arlington, Va. "For example, in our area, the number of credit card skimmers at gas stations has skyrocketed. Being able to be notified of the charges in a timely manner is better than fixing it weeks later when you get your bill, and Quicken can do that for you."

BitFinex
BitFinex

For the growing number of Bitcoin traders, BitFinex can make the trading experience easier to manage. "This is a trading platform for Bitcoin, where you can essentially day-trade the currency," explains Brooke Nally, a regular Bitcoin trader. "Day trading is extremely difficult and the trading fees definitely add up, typically at $10 to 20 per trade." However, BitFinex has no trading fees, which is a huge advantage, Brooke says. "With BitFinex, I simply put $100 in the account, make the fee-free trades, and my account has already grown to $300." BitFinex allows trading in other currencies, as well, Nally says. Inexperienced investors should note that currency trading comes with higher risk, and shouldn't be attempted without consultation with a trusted financial advisor.

LevelMoney
LevelMoney

LevelMoney is a free budgeting app that just doesn't show your balance, it also visually shows you how much you have left to spend this month, says Lark Ismael, a marketing professional and a regular user of the app. "It does so by looking at your monthly income, recurring bills, and savings goals so the app can see what you have left in your account," he says. "LevelMoney connects directly with your bank account and credit cards so it automatically updates when you make purchases. I'm self-employed, so my monthly income can vary. For me, I really liked that the app is able to use my average income in making its budget and spending calculations."

Venmo
Venmo

"I personally love Venmo as a personal finance app," says Evan Tarver, a small business and investments writer for Fit Small Business. "Venmo is the easiest and most intuitive way to send payments to people. It's like a consumer-focused PayPal and is free as long as you don't send money with a credit card."

Betterment
Betterment

"Betterment is a good choice in in terms of personal finance investing," offers Tarver. "They're robo advisors that ask you a series of questions to figure out your risk profile and investment goals, and then automatically invest your money in a balanced investment portfolio. Like other advisors, there is typically a small fee for asset management." For Leeven Rogers, a Millennial marketing professional in San Francisco, the Betterment app allows her to "automate" her investment contributions. "It's really fun to see them grow," she says. "Betterment has an intuitive user interface and is a handy personal finance tool that you can glance at every day if you like, or set it up and just let it run."

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