Search Smart Spending:

Best iPhone apps for personal finance

Posted May 21 2009, 07:34 PM by Karen Datko
Rating:

How many ways is your iPhone saving you money? If you've overlooked its personal-finance potential, David at My Two Dollars lists 10 PF applications he's trying out.

David Weliver at Money Under 30 topped My Two Dollars' David with a list of his 16 favorite money-management iPhone apps. Banking, buying stocks and tracking your spending are just the beginning. The only finance activity these apps can't do is make money grow on trees. And many are free or dirt cheap.

(This brings to mind a Live Search apps competition we're shamelessly promoting. You could win a $10,000 prize by designing a Web-based application that helps people deal with the economy. For more about it, read this, this and this. There's also a message board thread about it here.)

Here are a few examples from David Weliver's post:

  • Find the nearest ATM. MasterCard's ATM Hunter app could come in handy if you're in a strange city.
  • Calculate the tip. He recommends Tipulator. (You're right, David, we should be able to do this in our heads. Whatever.)
  • Compare prices. Save Benjis gets a rave review for its ability to compare the price of an item you're looking at with its price at other stores. "Actually, Save Benjis has garnered a lot attention for its ability to transform the way we spend," David says.
  • For budgeting, he recommends Pennies. Once your budget is set up, you can conveniently record your spending.

MoneyNing also has a great list with recommendations, but keep in mind that it's nearly a year old. A more current list of 25 can be found at Resource Nation. Also, Trent Hamm at our partner blog The Simple Dollar posted about his 10 favorite iPhone PF apps.

For more lighthearted reading, see Andy Jordan's Wall Street Journal post about "crap apps."

Related reading:

Will your cell phone spill your secrets?

Win $10,000 by helping others beat the recession

AT&T needs Apple, but does Apple need AT&T?

5 valid reasons to stop using cell phones

Comments

 

Why do people keep raving about these toys? All I ever see iPhone users do with their "phones" is play games. The fact that you had to buy and iPhone means that you aren't saving money. The fact that you're stuck in a two year plan for an exorbitant monthly rate means you aren't saving money. If iPhone users were serious about personal finance they never would have bought them in the first place. Figures that this "article" originally came from a site for the under 30 set.

I wish these people would stop trying to justify their toys and be honest. They bought an iPhone for the same reason I bought Spore; because it is fun.

Actually, Zornorph, my iPhone is my mobile office.  I am self-employed and use the phone and web ALL DAY to manage my business. So not everyone buys iPhones as toys.

Tottaly agree with David, iPhone is not a toy. I use some applications buit-in on iPhone for almost everything, emails, instant messaging, quick web, alerts, market information etc

not a toy

iphone is great for apps, stock watching, as a mortgage calculator and so many other features, unfortunately it sucks as a phone and I have to use a blackberry for that, gotta have both

definitely not a toy, as long as the wifi remains working. mine stopped spontaneously a few days ago.

Honestly mine is a toy and I love it.

IPhone is everything you need, finance it has that, in the street maps, gps it has that,

health it has that, tell me how I keep track in a daily basis of my heart condition, ah scheduling, ah e-mail, ah social contacts, calls  oh yes, and all applications you can imagine, WHAT A TOY IS A WONDERFUL TOY, also GAMES FOR SURE.......  WAIT WAIT MUSIC TOO,  I CARRY 2175 SONGS IN MY iPHONE......

VIVA LA VIDA CON iPHONE CLARO QUE SI, VALE  LA PENA TENER UNO, TE LO ASEGURO,  

Hey... mine IS a toy, but that doesn't mean I don't want to save money. Yes. I am in the under 30 set. That LIKELY means I have a different set of priorities than Zornoph. I have an iphone, but don't have cable. I rarely go out to see movies. I spend time in coffee shops and bookstores rather than bars. Why does everything have to be one thing or the other? Guess what: I can be willing to pay for an iphone, I can think it's worth it, without being irresponsible or "just fooling myself" about wanting to save money. "The fact that you had to buy and iPhone means that you aren't saving money." Ridiculous. Is anyone who ever does anything fun unable to ever save money?

very useful toy in playing the game called life :)

Send a Comment

Comments must be directly related to the blog entry. Comments with offensive language will be deleted. Your e-mail address won't be displayed.

(please, no HTML tags. Web addresses will be hyperlinked):