Four Budgeting Apps You Shouldn’t Miss

Jack CordoNo matter how positive you are about keeping up with a budget, sometimes it becomes hard to maintain. Sometimes you get quite busy, at times you feel exhausted and at other times, it slips your mind. These circumstances play a huge role in making your budget inaccurate. If you are trying to save money and consolidate debt for a better tomorrow, showing laziness or forgetfulness will not help you.

If you are unable to keep up with your budget due to any reason, rather than making changes to the budget every night before going to bed, you should try some budgeting apps. These apps will save your time and allow you to update your budget anywhere and anytime as soon as you make a purchase. Following are four most top-rated budgeting apps you should try out.

1. Mint

Mint is a free app for iPhone, iPad, and Android devices. It assists users in spending cautiously and save more. You don’t need to make different budgets for different accounts. This app pulls all of your accounts, investments, and cards into one place. It exhibits your spending in charts and graphs to give you a better picture. It also allows you to organize your financial goals such as paying off debts, buying a house, or saving up for a trip. You can also get expert advice and set a reminder so that you can pay your bills on time.

2. Personal Capital

Personal Capital gives you a complete view of your earnings, expenses, and investments. You can control all of your accounts in one place. It is a free app and is available for various operating systems of desktops, laptops, mobile, and tablets such as Mac OS X, Windows, Android, iOS, Blackberry OS, Windows Phone, and much more. It not only assists you in managing your money, but it also gives you a 360° view of your financial life, tracks investments, reviews allocated assets, checks your portfolio, provides advice from experts, and helps you achieve your financial goals.

3. PocketGuard

PocketGuard is another free app to manage all of your accounts. It helps you keep an eye on your money inflows, outflows, and bank balances. It automatically creates a budget plan so that you don’t have to. It allows you to compare your monthly spending to get an insight into your spending habits. It also helps you make smart buying decisions, alerts you about upcoming bills, keeps a track of paid bills, and much more. It is available for both Android and iOS devices.

4. Level Money

Level Money provides a personal spending guide to let you spend safely. You can even create your personalized trackers or generate a ready-made tracker. You can easily browse transactions from all your accounts in a single app. It gives you an idea of how much you can spend after spending on essentials like bills. It has a unique and attractive layout and is available on both Android and iOS devices.


Prime Pros of Debt Consolidation Loans

It would be very beneficial for you to acquire a debt consolidation loan. Many people lack the know-how of what debt consolidation loans are about. Debt consolidation loans are a type whereby you get one loan that pays off all your other smaller loans. You in turn pay this one particular loan instead of the many loans. You can get consolidation loans from credit unions, banks or online lending sites. Below are the benefits of debt consolidation loans:

Stopped collection calls. When one has many loans that need to be paid at different dates, there are endless calls that you receive to remind you of payments. This can be very inconveniencing and annoying. When you take the consolidation loans all the calls end at once giving you the peace of mind you need.

Lower Interest Rates. This is a big attraction for anyone as no one wants to pay high interest rates. Interest rates from different loans can be quite high but you are assured of a reduced rate by getting a debt consolidation loan. This saves on money spent at the end of the month enabling you to do more resourceful things like investments.

Credit record improvement. Credit reputation reflects your financial reputation. A bad record can reduce chances of getting loans like mortgage. This in turn reduces your upward credit movement. When debt consolidation loans are taken, there will be no more creditors as they will be put on hold therefore improving your credit profile.

Psychological benefits. This is because the pressures are reduced. You no longer have to worry about late payments of many loans as they are all consolidated to one. There is also reduced paperwork for you because you will only deal with one loan.

Single payment. Debt consolidation enables you to make one single payment instead of many payments made at different times. This is convenient, time and energy saving.

Financial crisis is extremely common today…

Jack CordoAlmost everybody is able to feel the economic crisis at present. Economy is steadily going down and it is widely accepted that the main reason for stress among the people is the lack of money. In case you don’t possess enough money, then your kids and family and even your marital life will suffer from money troubles, services like debt consolidation will help solve your money problems.

Sad to say, not all people are pretty much knowledgeable on how these issues ought to be handled. Because of this, marriages and families get broken, and all that you think about and tackle with your spouse is regarding money. Precisely how should we pay for these bills? What is likely to happen to us in case we do not pay for these? Is there any way we will be able to solve these money troubles?

This scenario is very common to many individuals in these days. Regardless of how successful or wealthy you are at this time, there are still situations that you may encounter these types of issues. Financial crisis is extremely common today. However, the positive thing about it is that the World Wide Web provides various opportunities for everybody who wishes to be economically free. Listed here are some ways on how you may be free from all these money troubles.

To start with, figure out what your skills are. Many people these days turn to the web for extra means of living. This indicates you can have your regular job, and simultaneously, work from home for extra earnings. This is exactly what you call freelancing – you will find different employers from numerous sites which will allow you to generate a little bit of income and enable you to get over your money problems. If you happen to be a writer, and know how to do some article marketing or perhaps some SEO (Search Engine Optimization), you may look for clients searching for the services of a ghostwriter. On the contrary, if you happen to be a programmer, you can also find several employers seeking freelance programmers. No matter what your competencies are, make sure that you are completely aware of it so that you can start generating money through internet in different ways.

Apart from being a freelance worker, you might also come across some money making sites. Some will simply ask you to respond to surveys, a few will pay you for referring their site and so on. The difficulty with this process is that you may never find out exactly what websites are trustworthy and what  sites are not until you perform your own research. Before registering for a site, you need to check whether or not the site pays its members or whether they are simply scamming individuals. You will find information by participating in various forums or online community discussion boards

How To Consolidate Your Debts

Jack CordoConsolidating all your smaller debts into one big one is a great way of managing your credit card debts and this will save you from the hassles involved in servicing several credit card debts at the same time. Since the amount given on a personal debt relief loan is usually huge, you can also use the cash for some bigger projects like home improvements and starting or expanding a small business among others. Considerations when applying for a personal credit relief loan are:

Quotes comparison. It is a wise decision to spare some time to shop around for this debt relief loan rather than falling for the first lender that you meet. Get a number of quotes from lenders ready to offer you this credit consolidation loan and then have a keen look at their offers. You can then decide to seal the deal with a lender who allows you lower interest rates and some easy terms. This will greatly help in reducing the overall amount to be repaid on this loan.

Securing the loan. This is where you should consider offering a valuable asset to act as security on your personal companies that consolidate your bills are called debt relief loans. This is important if you are applying for a huge amount or if you have a low credit score. The collateral leaves the lender in a safe situation as any unpaid amount can be raised using the pledged asset and the applicant can therefore be easily allowed: A lower interest rate on the loan, flexible terms and condition, a longer period to fully repay the loan and a huge amount of cash.

Credit score. A credit score is a number that lenders get from credit bureaus and this is generated from the credit report of the applicant. Always ensure that you always maintain a high credit score by avoiding things like late repayments, irregular repayments, defaulting credit consolidation loans and home foreclosure among others. Having a high credit score when applying for a personal credit relief loan will get you a lower interest rate and easier terms.

You can apply for this loan consolidation loan locally or online where local application will require the applicant to visit the storefront of the lender he chooses. Online application is easier because you can make your application from any place provided you have some internet connection. The only risk with this is that you can easily fall for lending scams and this is why you should always confirm that you choose a legitimate debt relief lender.

The Benefits of Debt Consolidation in The USA

Handling a debt is in most cases a frustrating experience. Whether you carry a persistent medical debt, a mortgage, or high credit card balances, you may fail to live a balanced life because of your financial obligations. If you have debts that you can’t pay off on your own, you may consider obtaining a debt consolidation loan, an option which has got many Americans relieved. The paragraphs below describe the benefits of consolidating a debt in USA.

What Does “Debt Consolidation Loan” Mean? 

This is a loan which pays off all the current debts and combines the balances into one monthly bill with a new rate of interest. Debt consolidation loans can be secured or unsecured. Secured debt consolidation loans are tied to a physical asset such as a home, car, life insurance policy, retirement account, or any other valuable possession. On the other hand, unsecured debt consolidation loans are guaranteed by just one’s promise to repay. Unsecured debt consolidation loans can only apply to unsecured debts, for instance medical and credit-card bills; whereas secured loans can apply to a wider range of obligations such as auto-loans and mortgages. Unsecured debt consolidation loans tend to have higher rates of interest than the secured ones.

Financial Institutions That Offer Debt Consolidation Loans in USA 

  • Credit Unions.
  • Banks.
  • Specialized lenders: These don’t accept deposits like ordinary banks or credit unions.
  • Personal Lines of Credit from a Credit Union or Bank.
  • Peer-to-Peer Lending Services.
  • Payday Lenders.

The Benefits of Secured Debt Consolidation Loans 

  • The qualification requirements are not very strict. You do not need to have a strong credit score since the lender can repossess your collateral in case you default on your loan. Scores of only 500 are accepted by some lenders. On the other hand, the amount that an individual is eligible for is limited by his/her collateral’s value.
  • Lower rates of interest. Even though the exact rate is determined by your location, loan size and credit score, a secured debt consolidation loan is relatively cheaper than an unsecured loan.
  • Higher Borrowing Limits. You are likely to get an approval for a larger loan depending on your collateral’s value. You can borrow 85% of the equity of your home for a secured loan, but for unsecured loans of $30,000 or more, lenders require you to have excellent credit.
  • Have Better or more lenient repayment terms/requirements. When a debt is consolidated, multiple payments are combined into one. This results in lower monthly payments and also saves you the trouble of having to decide who to pay first and how much each creditor should receive.


The Benefit of Unsecured Debt Consolidation Loans

Since these loans don’t require any collateral, you don’t stand to lose any physical property in case you fail to repay.


Even though these loans have the capacity to help borrowers that owe substantial money, you should keep in mind that they come with certain risks. Some of these risks may include: extra fees & charges, increased overall costs, and others. You should first evaluate all the viable options that are available before you make up your mind. By doing this, you will be able to benefit from it (debt consolidation loan) maximally.