Best Financial Planning Tools You Can Use

Financial planning tools can help you take control of your money and ensure that you’re on the right track to meet your financial goals. With the right tools, you can budget, track your expenses, plan for retirement, and more. Here are some of the best financial planning tools you can use: 1. Mint: Mint is one of the most popular free financial tools available. It automatically tracks your spending by linking to your bank and credit accounts. Mint provides an easy way to create a budget, track your expenses, and set financial goals. It also offers insights on how to improve your financial health. 2. YNAB (You Need A Budget): YNAB is an excellent tool for those who want to take a more proactive approach to budgeting. It helps you give every dollar a job, encouraging you to plan ahead for your expenses. YNAB also provides educational resources to help you master budgeting. 3. Personal Capital: Personal Capital is a great tool for tracking your overall financial health. It helps you manage both your spending and investments by providing a holistic view of your finances. You can track your net worth, set up retirement planning goals, and manage your investments. 4. PocketGuard: PocketGuard helps you manage your money by showing you how much you have left to spend after your bills and savings goals. It connects to your bank accounts, tracks your spending, and categorizes your expenses. It’s a simple tool to help you stay on top of your finances. 5. EveryDollar: EveryDollar is a budgeting tool created by Dave Ramsey, a well-known financial expert. It uses a zero-based budgeting method, where you assign every dollar a specific purpose. EveryDollar makes it easy to track income, expenses, and savings goals. 6. GoodBudget: GoodBudget is a simple envelope budgeting system that helps you plan for your spending and saving goals. It allows you to manually track your expenses and income, and it’s available for both iOS and Android devices. This tool is useful for those who prefer a hands-on approach to budgeting. 7. Tiller Money: Tiller Money helps you automate your budgeting process with Google Sheets or Microsoft Excel. You can link your accounts and automatically import your transactions into a customizable spreadsheet. Tiller Money is great for those who prefer to use spreadsheets for financial planning. 8. Acorns: Acorns is an investment tool designed to help you save and invest passively. It rounds up your purchases to the nearest dollar and invests the difference in a diversified portfolio. Acorns also helps you create financial goals, such as saving for retirement, and automates the process for you. 9. SmartAsset: SmartAsset is a free tool that helps you make financial decisions by providing calculators for things like retirement planning, mortgage payments, and taxes. It also offers personalized financial advice based on your needs. 10. FutureAdvisor: FutureAdvisor is an investment management tool that helps you manage your portfolio and create a retirement plan. It provides advice on how to invest and rebalance your portfolio to reach your goals. FutureAdvisor is ideal for those looking for a hands-off investment solution. 11. Zeta: Zeta is a financial tool designed specifically for couples. It helps partners manage their finances together, whether they have joint or separate accounts. Zeta provides a dashboard to track spending, set goals, and plan for big expenses like vacations or home purchases. 12. Simple: Simple is a mobile banking app that offers a streamlined experience for managing your finances. It features tools like Goals for saving and Expenses to track where your money is going. Simple also offers a unique "Safe-to-Spend" feature, which tells you how much money you have left after accounting for your bills and savings goals. 13. Wealthfront: Wealthfront is an automated investment service that offers portfolio management with low fees. It provides financial planning tools that can help you set goals for retirement, buying a house, and more. Wealthfront also offers tax-efficient investing strategies to maximize your returns. 14. Robinhood: Robinhood is an investment app that allows you to buy and sell stocks, ETFs, and cryptocurrencies without paying commissions. It’s ideal for beginners who want to learn about investing and build a portfolio on their own terms. 15. Blooom: Blooom is a retirement planning tool that specializes in helping you manage your 401(k) or other retirement accounts. It analyzes your existing accounts, recommends adjustments based on your goals, and provides ongoing monitoring and advice. 16.