WealthforLife Wednesdays: Apps to Manage Your Money

[...]one time I forgot to record that I wrote a check out to support a friends graduate school project and when he cashed it nearly a month later I over drafted on my account. Paying a $35 overdraft fee while your trying to save money is beyond frustrating, but when you’re constantly on the go and juggling several projects at once it can be tough to get a handle on your money. Since 2008, I’ve been using Mint.com on my smartphone to manage and track my finances. The app shows me in real time my current balances, upcoming bills, net worth, alerts for better interest rates, trends in my spending and advice on other ways to save and diversify my investments (also discuss this with your financial planner.) For example, I opened an account with Ally Bank after Mint alerted me that I could earn a higher interest rate than I had been earning on my Capital One 360 account (formerly ING Direct).