BANGALORE: The key to being a personal finance wizard today is the same as it was 500 years ago: figuring out a way to keep track of how much money is coming in and how much money is going out. In today’s technological world, personal finance apps help us get there more efficiently than ever. Below is a list of the top 5 recommended personal finance apps, for iOS and Android as suggested by Investopedia, U.S. news and Zacks, compiled by finance.yahoo.com

# Mint Personal Finance

Mint  joins numerous accounts (like bank, credit, loan and retirement accounts) into one place, offers trending information and document budgeting plans. The app is free of charge, and is available on both iOS and Android.

It recommends banks with better savings rates, credit cards with lower interest rates, offers graphics and saving substitutes (for example, it shows what could be saved by increasing monthly payments) provides free credit score, allows manual input of cash transactions. On the other hand, it has to be set up from computer read only system for first, before the app can go onto the mobile phone.

# BillGuard

BillGuard pulls all your credit/debit transactions and sends alerts of possible falsified charges. It also alerts you if a seller experiences a data violation and also if you have shopped at that merchant during the breach period.

The app works across both Apple and Android platforms and is free. It can flag and dispute charges through the app.  Bill guard evaluates your spending habits and finds relevant coupons that provide good discounts. However, it is best used along with another app because it only focuses on dealings and threats vs. being a complete personal finance aide.

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