Tools that Can Simplify Your Financial Life

by | Feb 12, 2021

One of my favorite things about being a money coach for millennials is helping them discover new tools and techniques that make managing their money easier because the less complicated something is to do—especially when it concerns money—the more likely you are to do it!

Management Tools to Track Your Money

I know from experience the right tool makes anything easier. Instant Pots simplify meal prep, funnels make filling bottles a breeze and magnetic organizers keep mail, coupons and menus right at hand. The good news is there are also some terrific tools out there to help you manage your money wisely and get on the road to becoming financially independent. Here are a few of my favorites:

  • Intuit’s Mint is an oldie but goodie. It helps you establish financial goals and track your spending and saving habits. Most of us believe we know exactly what we’re spending our money on, but with Mint you quickly see where you can cut back and direct that money to savings instead.
  • Want to stop living paycheck to paycheck? YNAB, is a super easy-to-use app. You can set your monthly spending and saving criteria within minutes! What sets YNAB apart is that it focuses on having you live based on the income you’ve already earned, not money you expect to make in the future.
  • A good old-fashioned spreadsheet, like those from Excel and Google Sheets, makes tracking spending and income pretty darn easy. There are no bells and whistles here, but if you like the simple things, a spreadsheet is for you. It can also be a great jumping-off point to fancier options.

Stay on Track with a Money Coach for Millennials

As someone who got into money trouble herself, I understand how difficult it can be to accomplish financial goals. But remember, the term “net worth” is not reserved for millionaires and billionaires alone. No matter what your goals are, a good finance management tool or two can help you make smart money moves and get you headed in the right direction toward financial freedom. Want to learn more? I’m here to help!

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