New Ways to Manage Your Finances With Mobile Apps

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It started with mobile banking. From the time we could take a picture of a check on our phone and have the money deposited into our bank accounts it seemed like the possibilities of mobile money management were endless. Since then, developers like BlueRocket, among others, are constantly working to increase mobile capabilities for money management. In recent years, we’ve not only see banking making a big jump into the mobile world, but also how we transact and conduct business. Did you think you would ever see the capability to run a business in a small square that you plug into your phone?

New Ways to Manage Your Finances With Mobile Apps

There is a lot of technology out there to help you keep your money organized and your finances straight. One of the biggest hassles when it comes to organization is knowing what to do with the piles of receipts and coupons. To alleviate this hassle, companies like Starbucks have teamed up with developers to create mobile cards, promotions, and other deals that make it easy to manage your gift cards.  The success of that type of application has inspired more recent mobile app development that allows you to store your coupons, receipts, and other papers. Now, phones have the capability to scan and store your daily receipts and charges, making it easier to keep organized and to keep better track of your spending.

The key to success for these up and coming apps is the power of storage. The cloud technology is what makes many mobile apps easy and convenient. Being able to store and track your daily transactions and spending in the cloud means you have access to the information much easier and it is not taking up storage memory that could be utilized by other apps and things.

Reducing clutter and keeping your information handy is an important advancement that many of us could use. If you think back some time ago when retailers attempted to de-clutter our lives by offering us the option to have receipts emailed instead of printed out, it was a short-lived attempt to try and make our lives easier to manage. Also out there, are still ideas of technology developments trying to make attempts to organize chaos, but it seems there is still a key factor missing. Even more recently than emailing receipts, there have been attempts to combine all of your credit cards onto one “Coin” to make it easier to pay on the go (although that still has several large kinks to work out). The ideas are coming, but the technology is still working to catch up.

Mobile app development is becoming more advanced and developers are getting closer to finding ways to make the user experience easy and convenient. While much of the chaos in daily finance maintenance is on our own shoulders, there are ways to make life easier to manage. (Now if only there was a debt-reducing app to clear away some of these large credit card balances…)

Image Source: techiemode.com

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