Connect with us

Finance

10 Top Financial Planning Tools and Apps in 2024

Published

on

10 Top Financial Planning Tools and Apps in 2024

LaylaBird / Getty Images

Whether you’re trying to build wealth, saving for college or planning for retirement, financial planning tools can help you budget for day-to-day expenses and reach your long-term financial goals.

For You: 9 Easiest Ways To Maximize Your Savings in 2024

Up Next: 7 Reasons a Financial Advisor Can Grow Your Wealth in 2024

These 10 top financial apps and tools can help you save money while planning for your future.

Advertisement

Earning passive income doesn’t need to be difficult. You can start this week.

10 Top Finance Apps at a Glance

App

Pricing

Best for

Pros and Cons

Advertisement

Acorns

Bronze $3/month, Silver $6/month, Gold $12/month

Individual long-term retirement investing

Pro: Only $5 to begin investing Con: No direct bitcoin investment access

Buddy

Advertisement

$9.99/month, $49.99/year

Sharing budgets across multiple accounts

Pro: Can customize categories and colors Con: Only available on iOS

EveryDollar

Free, $17.99/month or $79.99/year

Advertisement

Providing structure in giving, saving and spending

Pro: Can create unlimited budgeting categories Con: Limited features in free version

Fudget

Free, $14.99/6 months, $19.99/year

Providing a simple web-based and mobile budgeting system

Advertisement

Pro: 7-day free trial with bi-annual and annual plans Con: Only one budget on one device with free version

Goodbudget

Free, $80/year

Those who like the envelope budgeting concept

Pro: Email support with paid version Con: Only community support with free version

Advertisement

Honeydue

Free

Couples who manage finances together

Pro: Available on Android and iOS Con: Many customer-reported bugs and issues

PocketGuard

Advertisement

Free, $6.25/month or $74.99/year$12.99/month or $155.99/year

Detail-oriented budgeters

Pro: Lots of features for the price of paid versions Con: Basically useless unless linked to bank accounts

Spendee

Free; $14.99/year; $22.99/year

Advertisement

Those who want to manage money on the go

Pro: Connect to more than 2,500 banks worldwide on premium plan Con: Can’t share wallet with others on free plan

YNAB

$9.08/month, $109/year or $14.99 monthly plan

Providing a flexible method for managing money

Advertisement

Pro: 34-day free trial Con: No free version after trial

Monarch

$5.83/month, $69.99/year

Tech-savvy personal investors

Pro: No in-app ads or credit card offers Con: Steep learning curve due to many features

Advertisement

1. Acorns

Banking with Acorns lets you automatically save and invest your money. You’ll have access to some of the highest available APYs — 3% on checking accounts and 5% on emergency fund accounts. Starting with your spare change, you can sign up quickly to pursue your money goals with an Acorn-recommended investment portfolio. The Acorns app has articles and videos for new and experienced investors to learn strategies and build confidence in investing, saving, earning and other financial topics.

2. Buddy

This simple budgeting app, Buddy, lets you track your expenses to prevent overspending. It’s completely customizable, and you can invite others to share your budget and sync their transactions with yours. Another key feature is connecting multiple accounts, including debt, to monitor your net worth. You’ll always know which bills are paid by whom.

Find Out: Average Monthly Expenses by Age: Which Group Is Spending the Most?

3. EveryDollar

Based on the zero-based budgeting concept, EveryDollar helps you plan your giving according to your beliefs, save for emergency expenses and spend money on what you need to be debt free. You can download your budget to a CSV file using the free version. EveryDollar’s financial roadmap feature lets you track your debt payoff progress and see your net worth in real time.

Advertisement

4. Fudget

The Fudget budgeting app is free to download on Windows and Mac desktop platforms and Android and iOS mobile platforms. Each paid subscription includes a seven-day free trial, unlimited budgets and entries, and the ability to share your budget and account with others at no additional charge. Fudget is a simple financial tool that basically works like a calculator without syncing your bank account.

5. Goodbudget

Goodbudget modernized the time-tested envelope budgeting system designed with families in mind to help you track your income and expenses. It’s ideal for couples and families to stay on top of household spending. Financial planning with Goodbudget prevents surprises.

Registering your household for free with Goodbudget gives you 20 envelopes that you can track with one bank account. You also get unlimited debt accounts and debt payoff envelopes, can sync the web app with up to two mobile devices and retain a year’s worth of transaction history.

6. Honeydue

Honeydue may be the answer to harmony in the home regarding couples sharing bills and budgeting. Whether you’re newly married or dating or have been wed for decades, you can track your bank accounts, loans and investments in one place. The app even reminds one or both partners before bills are due.

7. PocketGuard

PocketGuard features include an advanced bill payment tracker in which you can pay your bills on time, manage your subscriptions and prevent late fees by using automatic bill reminders. You can see and organize your bills in one location and track them manually or automatically, even those paid offline.

Advertisement

8. Spendee

You can control your finances with Spendee, including your bank accounts, crypto wallets and e-wallets. Use Spendbee’s smart budgets feature to help you save for future expenses and emergencies. Spendee uses a three-step approach to managing personal finances: Track cash flow by connecting your bank accounts, understand and analyze your spending habits with visuals in the app, and use smart budgets to prevent overspending.

9. YNAB

YNAB uses four rules to manage personal finances: Assign every dollar a job, plan and account for irregular expenses, be flexible and regroup when life happens and stay ahead of the game by using last month’s money to pay for this month’s expenses. YNAB takes the stress out of managing money.

10. Monarch

Monarch lets you manage and track your finances in one app, including investment transactions. Collaborating with your financial advisor or another family member is easy and at no additional cost. You can access Monarch on the web, Android and iOS devices. Monarch uses AI technology to create transaction rules, categorize expenses and predictably organize your payments.

More From GOBankingRates

This article originally appeared on GOBankingRates.com: 10 Top Financial Planning Tools and Apps in 2024

Advertisement

Finance

Bérangère Michel announced as BBC Group Chief Financial Officer

Published

on

Bérangère Michel announced as BBC Group Chief Financial Officer

The BBC has announced that Bérangère Michel has been appointed to the role of Group Chief Financial Officer.

Bérangère brings extensive experience from her 16-year career at the John Lewis Partnership, where she held senior roles including Chief Financial Officer, Customer Service Executive Director, Operations Director and Finance & Strategy Director.

Prior to joining the John Lewis Partnership, Bérangère spent 11 years at the Royal Mail Group in a number of finance, change and strategy roles, including as Finance Director of the property division.

In an expanded role as BBC Group Chief Financial Officer, Bérangère will be responsible for the overall BBC Group financial strategy, with a remit across BBC Public Service, BBC Studios and the BBC’s commercial subsidiaries. She will play a leadership role and will sit on both the Executive Committee and, for the first time, the Board.

This position will strengthen the BBC’s financial leadership, support its transformation, and make the best use of the licence fee and commercial opportunities. Bérangère will report to the Director-General and will take up the role in early January.

Advertisement

Director-General Tim Davie says: “Bérangère brings a wealth of experience from her time at the John Lewis Partnership and will play a critical role in shaping our new financial strategy. I’m pleased to welcome her to the BBC, and to both the Executive Committee and Board.

“Bérangère’s appointment to this expanded role comes at an important time for the BBC, as we look ahead to Charter renewal and continue to accelerate our transformation to deliver outstanding value for our audiences.”

BBC Chair Samir Shah says: “The role of Group Chief Financial Officer will be hugely important as we build a BBC for the future, and I look forward to welcoming Bérangère to the Board.”

Bérangère Michel says: “I am delighted to be joining the BBC, an institution whose purpose and mission I have always admired. It’s a privilege to be part of shaping its exciting future at such a crucial moment and I cannot wait to get started.”

BBC Press Office

Advertisement

Follow for more

Continue Reading

Finance

ATI Promotes Longtime Leader to CFO and SVP of Finance

Published

on

ATI Promotes Longtime Leader to CFO and SVP of Finance

ATI Inc., a Dallas-based manufacturer of high-performance materials for the aerospace and defense industries, announced that James Robert “Rob” Foster will be promoted to senior vice president of finance and chief financial officer, effective January 1, 2026.

Foster succeeds Don Newman, who will serve as strategic advisor to the CEO beginning January 1. As previously announced, Newman will retire on March 1, 2026, and serve in an advisory capacity in that time to allow for a smooth transition.

“Rob is a proven P&L leader with enterprise-wide experience in the areas that matter most to ATI’s continued growth,” Kim Fields, president and CEO, said in a statement. “He brings deep expertise not only in finance but also as an operational leader. Rob played a pivotal role in the successful Specialty Rolled Products transformation, consistently helping ATI to deliver strong returns and shareholder value. I look forward to partnering with him as we enter our next phase of profitable growth.”

Advertisement

Foster, a longtime ATI leader, brings both operational expertise and financial discipline to the CFO role, the company said. He most recently served as president of ATI’s specialty alloys & components business, where he improved efficiency, grew capacity, and advanced the company’s role as a global leader in exotic alloys. Foster previously served as vice president of Finance, Supply Chain, and Capital Projects, overseeing ATI’s global finance organization, capital deployment processes, and enterprise supply chain performance. Earlier in his career, he led Finance for both ATI operating segments and the Forged Products business.

“I’m honored to become ATI’s next CFO,” said Foster. “ATI is well-positioned with a strong balance sheet, focused strategy, and significant opportunities ahead. I look forward to working with our team to drive disciplined investment, operational excellence, and long-term value creation for our shareholders.”

Newman added, “Rob is an exceptional leader who understands ATI’s strategy, operations, and financial drivers. He has delivered transformative results across the organization. I look forward to supporting a seamless transition as we pursue this next step in our succession planning.”

Before joining ATI in 2012, Foster held senior finance roles at API Technologies Corp. and Spectrum Control Inc., where he led ERP implementations, acquisition integrations, and internal control enhancements. He began his career as an auditor at Ernst & Young (EY).

ATI produces high-performance materials and solutions for the global aerospace and defense markets, and critical applications in electronics, medical, and specialty energy. 

Advertisement

Don’t miss what’s next. Subscribe to Dallas Innovates.

Track Dallas-Fort Worth’s business and innovation landscape with our curated news in your inbox Tuesday-Thursday.

 

R E A D   N E X T

  • The company said Keith Schroeder brings more than 40 years of experience in accounting, corporate control and reporting, finance, operations, and CEO and CFO strategic roles.

  • James Cook announced his retirement after 24 years of service and will officially retire on June 30. James Gilligan will take his new post, effective June 16.

  • Anthony DiSilvestro joins KDP at a pivotal moment as it moves to close its $18 billion acquisition of Netherlands-based JDE Peet’s. His “significant” M&A experience will advance the combined company’s integration and its ultimate split into two “winning companies,” CEO Tim Cofer said.

  • Donna Guy brings more than 25 years of experience in financial leadership across public and private companies to her new position. 

  • Last week, Irving-based Caterpillar marked its 100th anniversary year with celebrations throughout the U.S. commemorating “a monumental moment” in the company’s history. The company officially turns 100 on April 15, marking a century of “customer-centric innovation and industry-leading transformation”

Continue Reading

Finance

Abu Dhabi seeks to build bridge between new media & finance – The Times of India

Published

on

Abu Dhabi seeks to build bridge between new media & finance – The Times of India

ABU DHABI: Instead of waiting for the future of media, Abu Dhabi is building it. The city played host this week to leading names from media and entertainment industries at the Bridge Summit, aptly named for seeking to position the emirate at the intersection between new-age media, innovation and investment.The three-day event at Abu Dhabi National Exhibition Centre from Dec 8 to 10 buzzed with energy, new ideas, collaborations and MoU deals as thousands of content creators, media brands, communicators, tech developers, AI innovators, investors and academics — who have been working in isolation — converged to brainstorm ideas, analyse future trends in the media industry and discuss ways to monetise them. How to get around the associated risks of privacy violation, fake news and narratives, defamatory content and online harassment were a natural corollary to the discussions.The idea of Bridge Summit originated at a lunch meeting in Abu Dhabi earlier this year between Sheikh Abdulla Bin Mohammed Bin Butti Al Hamed, chairman of UAE National Media Office, and Richard Attias, the Moroccan events producer associated with the Clinton Global Initiative, Nobel Laureates Conference and Davos Forum. The two discussed how UAE could give media, creators, tech innovators, social media outlets and investors a platform to connect and build the future of media. Eight months later, that dream turned into reality with Bridge Summit.Al Hamed, in his opening address, outlined Bridge Summit’s mission to unite media, technology, finance, and culture in building a more trusted, inclusive, and resilient information order.Speaking to TOI on the sidelines of the summit, Jamal Mohammed Obaid Al Kaabi, DG, UAE National Media Office and Bridge Alliance vice-chairman, said the forum seeks to secure a win-win situation for all, be it govts, media, content creators, social media platforms, gamers, investors and technology providers. “We are trying to help everyone — those who have a story to reach production, a company to reach a customer and govts to understand what’s happening in the market”.He added: “We believe that Bridge can be the brand that people will trust and look at in the future. We can connect it with media initiatives around the world. We believe that positive narrative can be supported through Bridge”.The global media and entertainment industry generated over $2.8 trillion last year, with gaming alone rivaling film and television at nearly $200 billion. Streaming continues to reshape consumption, while nearly 70% of content creators are already using AI tools.Rubbing shoulders at the summit were former heads of state, journalists, representatives of social media platforms, AI innovators, gaming developers, entrepreneurs and media influencers from across the globe; actors Priyanka Chopra Jonas and Idris Elba and footballer Gerard Pique lent it star power.Over three days of fireside chats, panel discussions, workshops and MoU signing, content creators and influencers took lessons from experts and peers on how to tell their stories better and hold their audience’s attention till the last frame.With artificial intelligence (AI) tools revolutionising the media space and content creation industry, engagements delved into how to maintain a judicious balance between human intelligence and artificial intelligence while tailoring content to suit users’ preferences and attention span.Sessions reflected on how the traditional print and TV journalism is being rapidly taken over by digital news content. Justin Smith, CEO of independent global news company Semafor, predicted that human journalist will continue to be relevant as the primary resource for original information, but must learn to harness the power of AI to add value. Richard Attias, who is on the Bridge board of directors, had a word of caution: “Human intelligence needs to always challenge artificial intelligence. We should not be losing the control of AI, which is like a robot”.According to UK journalist and broadcaster Emily Maitlis, agenda-based journalism is inevitable in the age of social media as one with a louder voice and reach, who can put out his version of the story more convincingly, tends to control the narrative. Adeline Hulin, chief of media and information literacy unit at Unesco, revealed that a global survey had found that 62% users don’t do any fact-checking before forwarding information online; most content creators are unaware of the international standards of freedom of expression; and just 20% users report hate speech. “Unesco has developed a global curriculum for media information literacy. We are working to integrate it with formal education and getting local partners to organise hackathons,” she said.Former deputy PM of UK Oliver Dowden advocated industry-led responsibility over sweeping regulation, saying there should be “clear guardrails” as creator content becomes the primary source of information for young audiences.Al Kaabi said Bridge Summit is just the beginning and “pop up” events will be held each coming quarter across America, Asia, Europe and Africa. “We want to hold a mini-Bridge in India. Also, there shall be more of Bollywood, not just Priyanka, at the next edition of the summit here,” he said.(The writer was in Abu Dhabi at the invitation of Bridge Alliance)

Continue Reading
Advertisement

Trending