Recently, I bought an iPhone after about two years of carrying around a phone that looked like it was about to fall apart. I had to switch carriers away from T-Mobile, because the service in our house was horrible. I knew that I was going to go big or go home this time with my phone choice, and iPhone is simply the best smart phone when you boil down all of the options out there. I thought about a Blackberry, but they function best as business use only. I wanted personal use and business use, and the iPhone does the best job of that. I may have gone with the G1 Google phone by T-Mobile, because it is the closest thing to the iPhone in my opinion. The G1 uses the Android open-source software so new applications are being developed every day for it, much like the applications for the iPhone. But like I said, it wasn’t an option, because T-Mobile has a coverage gap in our area. I haven’t gone nuts downloading new apps, but finding new applications that will make my life easier is my favorite part about the iPhone. There are a zillion other websites out there that do a better job of reviewing iPhone applications, so I will only give you a short list of my favorite personal finance applications that I know of so far.
Mint.com App: I was a little disappointed at the functionality of this app, but nonetheless, I love Mint, so this is still one of my favorites. If you want a quick snapshot of the accounts that you have linked up to your Mint account, this is a good app to download. This app is Free, and I am sure there will be updates for it in the future. One way to make good use of this app is to set certain budgets for discretionary spending such as entertainment and clothing. You’ll be able to check your micro-budgets on Mint while you are out shopping or having fun. This app is FREE.
Bank of America App: Not my favorite, but I have it on my iPhone for utility purposes. It’s much easier to have the app than trying to sign into the website on Safari. This app is FREE.
Save Benji’s: I just downloaded this App, so I haven’t used it much, but it looks pretty cool. Most of the bad reviews are because they can’t get it to work right or they the product they are looking for doesn’t come up. This app is a work in progress, but the concept is great. You can look up a product by it’s name, category, bar code, etc., and it scours the internet to see if you’re getting a deal. It’ll show you comparisons on the internet. My wife leave stores all the time without purchasing an item, because we want to make sure it’s not cheaper on the internet. I hope this app helps us figure out the internet prices without leaving the store. Cost: $.99
Paypal: Allows you to access your account and pay people instantly through the traditional payment methods. It’s nice to have this if you are with someone who has paypal and you don’t have cash on you. They can physically watch you pay them instead of looking like a mooch and saying, “Oh, I promise I’ll pay you back”. This app is FREE
Shopping List: Keep track of your shopping list on your iPhone. Never leave the shopping list at home! I am a big believer of having a shopping list when you go to the grocery store or a store like Target and/or Wal-Mart. It’s so easy to make impulse buys at the grocery store or Target, and they can bust your budget like no other. This app helps you never leave your list at home, and you can keep a running list by adding an item every time it comes to mind. Cost: $.99
There are a ton of personal finance apps out there. I think there are about 50 tip calculators. If you are really bad at figuring out tips, then you can pick up a free one. There are also about 10 different variations of the shopping list app, but that is the best one for the money, in my opinion. I’ll admit it, I wrote this post so you all could tell me your favorite iPhone apps. Tell me your favorite money and other iPhone apps.