Money management is hard. You know you should be tracking your spending, but it’s not exactly an exciting task to tackle every month. It gets even more difficult when you have multiple money streams coming in and going out at different times of the year. While there are plenty of apps out there that claim to make managing your money easy, not all of them are created equal. Some cater to a particular niche, like personal finance beginners or accountants who manage large clientele. Others focus on budgeting services, which is great for anyone new to the money-tracking game but might not offer as much depth for intermediate users. There are also apps that do both but with a limited feature set. And then there’s MoneyLion: An app that manages your personal finances from A to Z while also providing companion services like free financial advisors and bill payment services so you never have to worry about where your money is going again.
What is MoneyLion?
MoneyLion is a free financial management app designed for people who want to take control of their finances and live a better financial future. MoneyLion gives you easy access to your financial information from one place and helps you make informed decisions about your money. You can use MoneyLion to keep track of your bills, track your spending, and even create your budget. You can also use MoneyLion to manage your investments, track your net worth, and find ways to make and save more money. MoneyLion is available on desktop and mobile, so you can access your money tracking and budgeting tools anywhere, anytime.
How does MoneyLion help you manage your money?
With MoneyLion, you can track your spending, bills, and investment purchases with ease. You can also set up alerts and reminders to help you keep track of important financial dates like when a payment is due. If you’re new to managing your finances, you can use the built-in money tracking tool to help get things on track. With MoneyLion, you can create multiple budgets, such as a budget for groceries, a budget for gas, or even a vacation budget. You can also add a note to each budget to help you understand why a certain amount is being spent. You can also link your bank accounts, credit cards, loans, or investment accounts to help keep track of your spending and know exactly where your money is going.
Why use MoneyLion over other apps?
While many apps out there promise to help you manage your money, not many can offer the same features as MoneyLion. Here’s why MoneyLion stands out among its competition: – Budgeting tools – MoneyLion offers a wide variety of budgeting tools to fit your needs. Whether you want to create a budget based on a percentage of your income or track your cash flow, MoneyLion has you covered. – Access to financial advisors – Sometimes, you might feel overwhelmed by bill payments, investments, or other financial decisions. With MoneyLion, you have access to financial advisors who can help you make sense of all the numbers and find ways to save money and make your finances work for you. – Free bill payment service – Managing your bills can sometimes be a headache. With MoneyLion, you can easily manage all your bills, including mortgages, car payments, and even student loans. And best of all, you can do it without having to pay a single penny.
Track your bills and expenses with ease
Tracking your expenses is an important part of managing your money. You want to make sure that you’re not spending more than what you’re making. MoneyLion makes it easy to track your expenses by linking your accounts and providing you with graphs and charts to give you a better idea of where your money is going. If you’re new to managing your finances, the expenses section of MoneyLion has a helpful tutorial that walks you through the process. You can also add multiple people or accounts to your account, which makes it easy to track your spending with a partner or for your entire family. You can also set reminders to help you stay on top of payments due and due dates.
Help keep an eye on your investments with Smartfolio
Investing is a great way to make your money work for you and turn a profit. But it can be easy to lose track of the different investments you make. MoneyLion makes it easy to keep track of your investments with the Smartfolio feature. With Smartfolio, you can track your investments, and see how they perform over time. You can also receive updates on how your investments are doing, including any new purchases or changes to your portfolio.
Manage all your loans in one place
If you have multiple loans, it can be helpful to track all of them in one place. With MoneyLion, you can track your loans, including car loans, mortgages, student loans, and even home equity lines of credit (HELOCs). You can also set up reminders to help you stay on track with payments and know when to pay them. If you have a HELOC, you can use MoneyLion to calculate your payments based on your current interest rate and the amount you’ve borrowed.
Managing your money can be difficult, and many people don’t even start because they don’t know where to begin. With MoneyLion, you can easily track your spending, see where your money is going, set up bill reminders, and even manage your loans. And with the optional MoneyLion Premium subscription, you get access to even more tools and features to help you achieve your financial goals, like the ability to create more detailed budgets, access to custom financial advice, and the ability to view your finances on the go with the MoneyLion mobile app.