The Best New Money Apps of 2011

  • The Best New Money Apps of 2011

    The end of the year is a hectic time for finances. As we try to finish our holiday shopping, figure out how to manage our credit card debt from last year’s holiday purchases and even ponder the looming tax deadline in four months, anything to help alleviate some of the stress is a huge help. Thankfully, technology has allowed consumers to control their entire financial life conveniently on their smartphone. And 2011 was a huge year for smartphones – especially with the introduction of Apple’s iPhone 4S and the growth of the Android platform. With hundreds of thousands of apps, there are bound to be great apps that go under the radar. MainStreet found 10 brand-new apps that will help you better take stock of and manage your finances. Photo Credit: Bart Claeys
    Debt Snowball
  • Debt Snowball

    If you have mortgage debt, student loan debt and credit card debt on your numerous cards, you may get a stomach ache just thinking about how you’re going to pay all of this off. The Debt Snowball app (on the iPhone) allows you to organize your debts by interest rate and create a payment plan. The app also shows you how helpful it is to pay more than the minimum payment on your credit cards. Price: $2.99 Photo Credit:
  • Slice

    Especially during the holiday shopping season, if you're making dozens of online purchases, it can be difficult to keep track of when each package will arrive at your doorstep. The Slice iPhone app, which launched in November, automatically tracks your shipments. It's linked to your Gmail or Yahoo email and takes the data from the digital receipt that an online retailer (like Amazon) sends to you and the app will tell you when each package will arrive. No need to head to or to enter in a tracking number - the app does the tedious stuff for you – and saves you tons of time. Photo Credit:
  • Saver

    Are you a spender? This app (on the iPhone) will turn you into a saver – or at least try to. It helps track your expenses and creates graphs of where your money goes each month – this way you can visually see how much you’re spending on rent, groceries, clothing and gifts. Price: $4.99 Photo Credit:
    Real Simple Gift Guide
  • Real Simple Gift Guide

    When we’re in stores shopping for gifts, it's easy to get carried away and end up spending hundreds of dollars you don’t have. With the recently launched Real Simple Gift Guide on the iPhone, you can search for gifts under $50. This will ensure you stay out of debt by purchasing extravagant gifts for the holidays or special occasions. Price: Free Photo Credit:
    Economic Times
  • Economic Times

    Released in late October, the Economic Times iPhone, Android and BlackBerry app will ensure you stay current on the latest business news, which can have a pretty direct effect on your portfolio. Track stock prices in real time – all conveniently on the app. Price: Free Photo Credit:
  • uLoanIt

    There are plenty of smartphone apps to help you keep track of the loans you take out – but what about the loans you make? The uLoanIt iPhone app was released in September and allows you to organize and remember all of the loans you make to friends and family. Whether it’s money or something as simple as a DVD, this app will ensure that you never forget about what you’ve loaned out. Price: 99 cents Photo Credit:
    MyMoneyTracker Lite
  • MyMoneyTracker Lite

    It can be very frustrating to be charged a late or over the limit fee on your credit and debit cards. This new iPhone app, which launched in late November, allows users to manage multiple accounts – you can transfer money to different accounts, track your expenses and make sure you have enough money in your checking account so you’re able to use your debit card. Price: Free Photo Credit:
  • Knowledge

    Technology and money management software only goes so far, but at the end of the day you need to have a basic understanding of how money works. And since many of us don’t have the time or money to take a finance class, the Knowledge app (on the iPhone) has all of the personal finance info you need to know conveniently located on the app. Search various topics like credit cards, debt, banking and taxes. The app is free but a monthly fee applies to access the content. Price: Free Photo Credit:
    Simply Save
  • Simply Save

    Budgeting is usually, but doesn’t have to be, a daunting chore. The Simple Save iPhone app lets users view how much money they spend in a day.  That number may scare you, but to get into financial shape, you have to get honest with your spending. Price: $2.99 Photo Credit:
    Can I Buy?
  • Can I Buy?

    Do you wonder whether or not you can afford to buy something? The Can I Buy? app (on the iPhone and Android phones), which was released in September, answers that question for you based on your current financial situation. Simply enter what you want to buy and the price, followed by some more information about your financial status (assets, liabilities/debt) and the app will advise you. Price: $1.99 -Scott Gamm is the founder of the personal finance website He has appeared on NBC’s TODAY, MSNBC, Fox Business Network, Fox News, ABC News and CBS. Follow Scott on Facebook and Twitter. Photo Credit:
    Join us on Facebook
  • Join us on Facebook

    Join the MainStreet team and other readers on our lively Facebook page! Discuss our newest stories and get links to breaking content, automatically. Click here to add us! Photo Credit: lawtonchiles
Show Comments