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The first step to saving money is by understanding how you’re spending it. And thanks to a variety of personal finance apps, monitoring your spending no longer requires you to pour over spreadsheets and itemize receipts by hand. Now, budgeting is as simple as opening up your iPhone and letting programs like Toshl Finance do all the hard work.
Toshl Finance is a top-rated personal finance app with an impressive 4.7-star rating on the App Store and a 4.5-star rating on the Google Play Store from over 30,000 subscribers combined. Toshl syncs up to your financial accounts (it works with over 13,000 banks and global financial institutions), allowing you to track your credit and debit spending in one place. Users have the option of setting up saving goals every month, and once they decide on how much money they’d like to save every month, Toshl will help keep their spending in line. The app tracks certain categories you might want to cut back on (*cough cough* Starbucks), giving you warnings as you’re approaching your budget limit during the month. It even goes so far as to send you a notification if you’re going overboard on your spending in that spending category. Better yet, it breaks down all monthly purchases into easy-to-read charts and tables — there are no complicated Excel spreadsheets here.
Toshl has two tiers of premium memberships: Toshl Pro and Toshl Medici. The Pro account allows users to hook up unlimited financial accounts to the app, access their data via fingerprint scans, export their spending data to a PDF or Excel file, visualize their spending through stunning graphs, and set reminders for upcoming bill payments. Its Medici plan goes one step further, offering all of the aforementioned features plus automatic financial account syncing for seamless setup.
And the good news is, both of these subscriptions are currently on sale. Currently, a three-year subscription to the Toshl Finance Pro Plan is on sale for $29.99 (50% off its typical price tag), and a three-year subscription to the Toshl Finance Medici Plan is on sale for $39.99 (a savings of 80% off). No matter how adept you are at finance and investing, sometimes it takes a little extra push to get your savings in a great place. It’s a small investment that could pay huge dividends.