Sign up for our FREE Monthly Email Newsletter
In addition to keeping in the financial know, you may be interested in checking your credit score and report.
¹The credit scores provided under the offers described here use the Equifax Credit Score, which is a proprietary credit model developed by Equifax. The Equifax Credit Score and 3-Bureau scores are each based on the Equifax Credit Score model, but calculated using the information in your Equifax, Experian and TransUnion credit files. The Equifax Credit Score is intended for your own educational use. It is also commercially available to third parties along with numerous other credit scores and models in the marketplace. Please keep in mind third parties are likely to use a different score when evaluating your creditworthiness. Also, third parties will take into consideration items other than your credit score or information found in your credit file, such as your income.
²The Automatic Fraud Alert feature is made available to consumers by Equifax Information Services LLC and fulfilled on its behalf by Equifax Consumer Services LLC.
³Equifax Credit Report Control™ is only available while you have a current subscription to Equifax Complete Premier. Locking your credit file with Equifax Credit Report Control will prevent access to your Equifax credit file by certain third parties, such as credit grantors or other companies and agencies. Credit Report Control will not prevent access to your credit file at any other credit reporting agency, and will not prevent access to your Equifax credit file by companies like Equifax Personal Solutions which provide you with access to your credit report or credit score or monitor your credit file; Federal, state and local government agencies; companies reviewing your application for employment; companies that have a current account or relationship with you, and collection agencies acting on behalf of those whom you owe; for fraud detection and prevention purposes; and companies that wish to make pre-approved offers of credit or insurance to you. To opt out of such pre-approved offers, visit www.optoutprescreen.com/.
4We will require you to provide your payment information when you sign up and we will immediately charge your card $4.95. After that, we will charge the card $19.95 for each month you continue your subscription. You may cancel at any time; however, we do not provide partial month refunds.
Equifax® is a registered trademark and Equifax Complete™ Premier is a trademark of Equifax, Inc. © 2014, Equifax Inc., Atlanta, Georgia. All rights reserved.
The popularity of smartphone devices and apps continues to increase in today’s advanced mobile technology market. According to the Pew Research Center’s Internet and American Life Project’s 2013 phone survey, 61 percent of cell phone owners are now classified as smartphone owners. Smartphones offer a…
The popularity of smartphone devices and apps continues to increase in today’s advanced mobile technology market. According to the Pew Research Center’s Internet and American Life Project’s 2013 phone survey, 61 percent of cell phone owners are now classified as smartphone owners.
Smartphones offer a wide variety of apps that can help you manage your personal finances. However, it’s important to recognize that smartphone apps are simply tools—albeit increasingly sophisticated tools—that can support and reinforce smart finance choices. They won’t make you a saver if you’re a spender at heart, but seeing where your money is going could help you curb your spending over time.
With all the options from which you can choose, it can be hard to find the right app for you.
Here are three questions to ask while searching for the perfect app:
1. What are my goals? The right app can vary from person to person and depends on your circumstances. Are you planning a wedding? Trying to pay off a school loan? Or do you simply need a household budget to make sure you have enough money for groceries? The choices are endless.
2. What features are available? Aside from online banking, most major banks also offer mobile applications that allow you to keep tabs on your balances, accounts, and automatic payment withdrawals.
3. How secure is my personal information? In today’s hyper-connected world, security should be a top concern. Just as you should ensure you are on a secure site when banking online, you should also be careful to only share information with a reputable institution when using a mobile app.
Before choosing an app, research it carefully. Most of the name-brand apps ranked in national news outlets have password protection and other protective measures that help keep your personal information secure.
Weigh your options
One popular choice for keeping finances in check is Mint, which is both a Web-based app as well as a mobile app. It ranked high on PCMag.com’s 2013 list of the best mobile finance apps “for its speed and reliability—truly the easiest way to track all your accounts on the fly.”
However, Mint is not ideal for everyone. For example, independent business owner Katie Bendorf used to rely on Mint to stay on top of expenses. But she found that she needed an app with expanded features to not only help run her household but also her small business.
By shopping around, she eventually found the right app that worked for her: iXpenseIt. This app offers features that a small business owner needs, including monthly budgets summaries, graphical reports, and storage of digital photo receipts.
As Bendorf’s experience shows, there is no one-size-fits-all solution when it comes to mobile personal finance apps. Check out CNBC’s list of the best financial apps of 2014 for more ideas to help you find the best solution for your needs.
Ilyce Glink is the author of over a dozen books, including the bestselling 100 Questions Every First-Time Home Buyer Should Ask and Buy, Close, Move In! Her nationally syndicated column, “Real Estate Matters,” appears in newspapers from coast-to-coast, and her Expert Real Estate Tips YouTube channel has nearly 4 million views. She is the managing editor of the Equifax Finance Blog, publisher of ThinkGlink.com, and owner of digital communications agency Think Glink Media. In addition to her WSB radio show and WGN radio contributions, she is also a frequent guest on National Public Radio. Ilyce is a frequent contributor to Yahoo and CBS News
Equifax maintains this interactive forum for education and information purposes in order to allow individuals to share their relevant knowledge and opinions with other members and visitors. We encourage you to participate in discussions about personal finance issues and other topics of interest to this community, but please read our commenting guidelines first. Equifax reserves the right to monitor postings to the forum and comments will be published at our discretion. Do you have questions or comments about your Equifax credit report or customer-service issues regarding an Equifax product? If so, please contact Equifax directly. All opinions and information expressed or shared in blog comments are solely those of the person submitting the comments, and don't necessarily represent the views of Equifax or its management.