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Top 8 Financial Literacy Apps To Teach Students Money Management Skills

Posted in Mobile App Ideas on April 30, 2024

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Finance is one of the most important aspects of human life! This is why students are suggested to learn about finance during their school days. The idea of teaching financial literacy is to equip young adults with classroom knowledge to avoid financial mistakes.

Do you need help with finance? Do you want to learn about better finance methods? Are you looking for effective financial literacy apps for students?

You're not alone in this.

A study shows that 70% of young adults lack financial literacy, making it difficult to have the correct knowledge, skills, and knowledge to make their financial decisions.

In today's landscape, where financial matters are becoming increasingly important, educational writing services at LinkedIn provide ways to save money effectively by ordering cheap student papers.

In this article, we will list the 8 best financial literacy apps for students. These apps are designed and developed for students like you to grasp the understanding of finance.

Using the daily finance apps will help you better manage your finances, and over time, you can gain skills and knowledge to properly make use of your money. Let's start!

1.   Mint

Mint is one of the most popular apps for financial literacy. The app allows you to review your transactions, monitor your spending, and keep track of your net worth. It functions by keeping tabs on your money in place. You can link your accounts from your financial institution and view connected transactions in one place. It is one of the best apps for teaching financial literacy.

It keeps track of all your monthly spending and more. You can quickly review your transaction, keep track of your spending in various categories, and sights on the money received. It will help you better understand your money habits.

Students are more likely to spend more when they are unaware of their spending habits. Mint enables you to keep track of all your expenditures and gives you ideas about your basic spending habits.

2.   PocketGuard

PocketGuard is yet another budget app for students. The app offers many features to help you keep track of your personal finances. It is a top app for students who want to be on top of their money. With PocketGuard, finance is simple and one click away. The app offers many features to help you keep track of your finances.

We love PocketGuard because it is so easy. You can simply install the app on your mobile device, link it with your bank accounts, and keep track of every transaction. It offers diverse reports on your finances and opens your thoughts to other perspectives.

3.   Acorns

Acorns is a financial technology service that allows you to invest, earn, grow, spend, and perform various other activities. It is one of the best apps for financial literacy.

Apart from your spending habits, Acorns is also a place to get smart with your earnings. It provides you insights into various investments you can make! It is a daily finance app that gives you insight into return from the investment, profit, your earning expenditure, and more.

We like Acorns for its simplicity and flexibility. Students can quickly learn how to manage their budget efficiently. Further, they can also learn about investment, earning, growing, and spending their money better.

4.   Robinhood

Today's students are the future investors. They must have the correct set of skills, knowledge, and education on how to enhance their earning through investments. Robinhood is the perfect example of a financial literacy app to teach students about various financial services.

It offers commission-free investing and tools designed to help students shape their financial future. You can handle your money your way and invest it in trade stocks, options, and more.

Apart from just managing their finances and estimating the budget, students can learn to invest their savings to get a better return. The app opens the door to various opportunities for students to invest.

5.   Goodbudget

If budgeting is your only concern, Goodbudge is one of the best home budget apps available for students. The app is a budget tracker that is available in the modern age. You no longer have to track your expenditures through paper envelopes.

It is one of the best financial literacy platforms that keep you on track with your expenditures. The monthly management and expense tracker app is the best choice for students to handle their finance and budget planning. We love the app for its money management and debt-tracking features. You can build your budget using the envelope system right in the app.

6.   Wally

Wally is an AI-powered finance and budgeting app available for students. The app allows you to keep track of your spending, upcoming bills, budgets, cashflows, and more. With AI assistance, students can easily learn about finance and get enough help.

The app is private, secure, and free. You can easily manage your money through a mobile device without having to have a bank account. We love Wally because its feature automatically tracks all your accounts, spending, and budgets. Students can have clarity and control over their finances with this app.

7.   Money Manager

Money Manager is a daily finance app with easy and extensive features. The app offers accessible content acres, monetary total, and budget features. Students can use the app to record their personal and business-related financial transactions, generate reports, review daily, weekly, and monthly, and manage their finances.

The app has features designed and developed for students who find it difficult to organize and track their income and expenses. It includes the necessary features to make it a successful budgeting app.

One thing we like about Money Manager is its feature, which allows you to create and set reminders for regular payments. Further, you are notified about your debt payment, college fees, and more. You can easily track the expenditure and create a list of to-do payments with a simple, easy-to-use app.

8.   LearnVest

LearnVest is a financial planning company that allows you to manage your finances efficiently. It has programs and software designed to help you make financial planning that are affordable, accessible, and delightful.

It is one of the most effective financial literacy apps for students who want to follow in their footsteps in the world of finance and who tend to be future investors. It is an advanced app with integrated financial features to help you allocate your money, track it down, including plans to spend it, and schedule the payment accordingly.

Further, it can also be used as a daily finance app to record your daily learning and expenditures. The app is designed to help students understand how to be better finance managers and manage their money well.

Wrapping Up

Financial literacy platforms can help students go beyond budget management and help them be better investors in the future.

To ensure that you're budgeting effectively, we have listed the best financial apps for managing your budget!

These apps offer :

  • Budgeting Tools: Students can easily manage their money! These apps are convenient ways to track income, expenses, and savings to help students stay on top of their finances:
  • Finance-Related Education: These apps provide you with lessons that make finance understandable. You can learn about saving, budgeting, investing, and debt management.
  • Setting Goals: If you need help with your goals, these apps can guide you. You can define your goal, create a plan, and stay motivated to achieve your financial goals.

With these apps, you'll be sure to save up and get an in-depth understanding of finance and budgeting.