The world of personal finance, banking, mortgages, stocks, etc was revolutionized several decades ago as the web became a part of our lives. It was stunning how much you could now accomplish with and Internet connection and the Worldwide Web at your fingertips. The entire area of personal finance was one of the early drivers here, as people could now check their stock quotes in real time and search for mortgage rates without going from bank to bank and getting jerked around by bankers. if you were thinking of moving anywhere your mortgage search was now easier. If you wanted a second home in Canada, you could without leaving your home. The power of all this information totally revolutionized many industries overnight.
Now we're in yet another revolution with the proliferation of finance apps, stock apps, mortgage apps, etc. This time it's less about what you can find, but how easily you can find it or even have it pushed you. Any time. Any place. That's the mobile revolution, and websites now have new and more powerful competition for your business with apps.
This of course is great for the consumer. There are to help you with every aspect of your personal finance needs. Zillow just updated its . Apps like Mint and a slew of competitors help you track all of your spending. Simple budgeting is no longer the ideal. You can track everything now in real time. Apps like SavedPlus help you make sure to save a little every day.
There are so many out there that it's easy to get intimidated. The key is picking something important to you, like perhaps daily budgeting, and then look for apps that help with that. It's sometimes better to focus on one thing at a time. As you get a new app, it's really about developing a new habit in how you go about your daily life. The app is just a tool, though obviously a very powerful one. But often we'll download an app and then never use it. This is why focusing on one thing at a time and developing a new habit before going on to the next one can help you be much more effective.
Once you realize the power of one app and see how much it can help you organize your life, then you'll be that much more motivated to move on to the next one.
This of course applies less to young people who are accustomed to having all sorts of apps in their life. But for the rest of us, a deliberate approach can be very helpful.