January 8, 2015
It’s about time that, in an era of apps and numerous digital tools, we are independent in handling our own money and investments. Keeping a budget and managing personal finances can be a time-consuming task and often a struggle for many people. But thanks to personal finance apps, tasks like paying bills and balancing accounts can be as simple as texting someone. PFM (personal finance management) apps act as effective tools to track your data across multiple sources like banks accounts, payment cards, etc. Then there are wealth management apps which capture data beyond your cards and accounts and help establish your entire investment portfolio.
Here are some notable companies working towards developing such amazing digital tools:
Robinhood, a Silicon Valley upstart, is courting young investors with as little as a few dollars to invest. The year-old company based in Palo Alto, Calif., promises to let investors trade without a fee or commission. A dead-simple interface lets you buy and sell stocks with a minimum of taps, and no fees. Elegant charts show you a stock’s perform ...