17 Mar 8 Apps To Manage Your Finances From Your Smartwatch
Smartwatches are pretty amazing. They’re the perfect companion for your smartphone in many ways, and the number of compatible apps grows every day. That’s why smartphones are excellent tools for managing your finances. From paying for things directly with your smartwatch to tracking your spending, all the money information you need is right there on your wrist.
Keep track of multiple budgets and see how much you’ve spent already with the Pennies app for Apple Watch. Its intuitive interface uses bold numbers and color coding to help you determine whether you’re on track with your weekly budgets. Pennies will also give you advice about whether it’s time to spend or time to save. Download it for $4.99 from the Apple Store.
Wallet – Budget Tracker
Keep an eye on your income and expenses with the Wallet – Budget Tracker for Android Wear. It synchs across multiple devices, so you can easily track your spending from your Galaxy Gear with its clear AMOLED display, then open up the same data on your Android phone or tablet. Wallet monitors your spending, your receipts, your payment types, and more. Downloading it is free from Google Play, and subscriptions to the service range from free to $5 per year.
Whether you’re logging in via Android Wear or Apple Watch, Acorns is a free app that invests your spare change from electronic purchases. The Acorns team creates and manages a portfolio for you, and you can invest or withdraw money at any time. The download is free from the Apple and Google stores, and using it is free if you’re under 24 or a student. Otherwise, it’s a dollar per month if your account is under $5,000, or 0.25% per year if it’s over $5,000.
This app does more than simply track your spending and monitor your bank accounts. Level Money will notify you when your credit card and debit card balances reach a certain point, give you month-by-month comparisons of your spending, and even give you predictions for what next month’s budget will need to look like. One of its most useful features is the “spendable” screen, which tells you how much you have for spending for the day, week, or month. Level Money is free for Android Wear from Google Play.
Stock market investors who have Apple Watches need to download PortfolioWatch for $1.99. It gives you instant access to share prices. You can enter the number of shares you own to find out what your portfolio is worth at any given moment. Or, simply add stocks you’re keeping an eye on to see how they perform. The app has a simple interface, making it easy to keep an updated portfolio directly on your wrist.
Paying with your smartphone is so last year. This year it’s all about paying with your smartwatch. With the free LevelUp app, available on Android Wear, you link your credit or debit card to your LevelUp app. The app gives you a QR code, which you scan when you want to pay. LevelUp gives you rewards when you return to your favorite businesses. All you have to do is download the app from Google Play to your smartphone, and it’ll automatically show up on your smartwatch.
Bkper – Smart Bookkeeping
The free Bkper app links to your Google account on bkper.com, and it helps you do all manner of bookkeeping from your Android Wear smart watch. Add notes to your transactions, take photos of receipts or other items, and use Google Now from the app. The cloud connection is secure, and ensures you have a safe copy of your transactions waiting for you on the website.
Mint is a free Apple Watch app that has some of the same budget management and account organization features that the other apps on this list offer. Mint, however, will remind you to pay your bills and will tell you your credit score. The Mint app even gives you tips on credit score improvement. It’s free to download from the Apple Store.
Using a smartwatch to manage finances makes sense; your financial information is right there whenever you need it, so you won’t risk overspending, overdrafting, or forgetting to pay a bill. Following a budget and seeing exactly how you spend your money has never been easier.