Spending money is fun, but to ensure you maintain a certain level of wealth, it's essential to learn how to manage your dosh - unlike these celebrities that went bust.
For the young go-getter, budgeting and money management can be tricky, but there are tools that can help you keep track of your funds and make adjustments that will help fatten your wallet over time.
Without further ado, here are three amazing tools that will help improve your financial wellbeing...
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Mint is somewhat of a pioneer when it comes to personal finance tools, and the app is no exception. Perhaps the most widely used personal finance app in the world, Mint allows you to take a complete look into all of your finances, from bank accounts and credit cards to student loans in real-time. The interface is attractive and easy to use, and the app alerts your mobile when your spending is reaching the red zone - so no more nasty surprises.
Not only does Acorn help you set basic budgets and track your day to day spending, but it also doubles up as a miniature investment application. You can link your credit card to the app and every time you make a purchase, Acorn rounds it up to the nearest dollar, then uses the spare change to make automatic investments in low-cost ETFs or stocks of your choice. Get rich while you spend, or get some money back on your purchases - not a bad outcome either way.
Saving a consistent amount of money is tough, but with the official backing of Google, Digit is here to help. The app's genius software scans your ingoings, outgoings, and general spending habits over a set period of time, then uses the data to withdraw small amounts of money that it doesn't deem you need and puts it into a secure savings account. Of course, if you disagree with Digits choices, you can always transfer the money back.