5 apps to monitor your investments and savings – Mortgage and Loan

We already know that technology is able to advise us in hundreds of situations. There are more and more apps that intervene as solutions in different situations, such as allies, service providers, and even with a certain share of complicity.

Of course, in economic matters, apps are not far behind, and can collaborate on savings and investment issues.

And yes, we are presented as counter similes, capable of controlling our expenses, whether these are daily, weekly, or monthly; and even direct us in this or that investment. Therefore, if you want to monitor your investments or your savings carefully, you can do it plainly, from the palm of your hand.

We tell you what are some of the applications with which you can have more control over your economy:

apps to monitor your investments and savings

money cash

1. Dollarbird

It is a free application, which allows you to organize the expenses you are making daily.

If you are looking for a mobile app that manages your money with a personalized calendar, then this is one of the best you can find, and with the advantage that it is very easy to use. The personalized calendar will help you to program and add expenses and income depending on the corresponding date.

To organize expenses with this app, you must enter an initial budget and then write down each expense as you have it, and Dollarbird will be responsible for discounting the money automatically.

But that is not all. In this app it is possible to create different tags in order to detect what more money is spent each month.

2. Money Control

It is a fairly complete app, since it allows you to enter daily expenses; and keep record of invoices and receipts taken through the cell phone camera.

It is ideal for couples or families, since being able to synchronize with iCloud or Dropbox, it is possible to carry out the accounts together.

In addition, this app creates and shares in PDF, automatically generates periodic payments; and makes backup copies available.

3. Pocket Money

This application allows you to keep track of your expenses, but also provides very useful advice and tips to improve economic stability. It also allows you to create several accounts, and schedule fixed expenses every month, which makes it easier to detect what money is invested most.

Pocket Money also has graphs that allow you to analyze more clearly how to optimize the domestic cash flow.

4. Fintonic

It is one of the most famous applications in regards to the control of finances and that is totally free.

This new app allows us to register account and card movements, to make a balance of the available balance accompanied by graphs that show how the money has gone, and a personal assistant that advises us how to dispose of our finances.

MoneyWiz

money coins

It is one of the most complete. It has space for the creation of budgets, control of accounts and invoices, record of income and expenses , control of the balance of transfers between accounts; and even generates future forecasts through statistical tables.

Data on expenses such as credits, mortgages and loans, all in the same app, which also issues an alert when the accounts are bad and the user’s liabilities increase creating danger.

Inevitably, Smartphone is increasingly incorporated into our lives as a highly valued tool due to its contribution to various activities. This time we spin fine in terms of savings and investment, but apps have been designed for every need.

What does it cost to borrow USD 120,000? All about loans of 120,000

Do you need a loan of USD 120,000? as a subsidy for housing, car or boat, to buy new furniture, for remodeling, electronics or something completely different? Then you can take out an online consumer loan of 120,000.

But of course it is never free to borrow money, no matter which lender you choose. There are a number of costs associated with a loan, and here we look at what it really costs to borrow USD 120,000.

All about loans of 120,000

An online consumer loan can be used for exactly what you need or want, so you do not need to present the purpose of the loan to the lender. You decide how you want to spend your consumption, but keep in mind that the more you borrow, the more expensive and more difficult it becomes to repay the money.

Here on the site you can find lots of information about what to look for when borrowing to save money, how to find the best loan for you, etc. Here we look specifically at the price for borrowing USD 120,000. It cannot be avoided having to pay a number of costs.

This applies primarily to the interest rate, also called the nominal interest rate, which is stated as a percentage of the borrowed amount. It largely determines the price. In addition to this, there are several fees such as setup fees, termination fees, etc. These vary in type and size from company to company, and therefore you best compare the various offers by looking at the effective interest rate.

This includes both the nominal interest rate, all fees, fees, etc. – in short all the costs that exist for you as a consumer. With the effective interest rate you can directly compare the different offers and choose the cheapest.

Loan example of what it costs to borrow 120,000

Loan example of what it costs to borrow 120,000

Here is an example of what a loan of USD 120,000 can cost you. We start from a regular consumer loan and set the amount to USD 120,000 with a repayment period of 10 years. It is important to remember that you choose the down payment time to suit you and your financial situation. The faster the repayment, the less total costs.

We have chosen an interest rate of 9% and an establishment fee of USD 1000, which are relatively standard rates for a consumer loan of USD 120,000. The example is thus:

  • Loan amount: USD 120,000
  • Duration: 10 years
  • Nominal interest rate: 9.0%
  • Establishment fee: USD 1000

The above example will give you an effective interest rate of 9.52%. Your total costs are approx. USD 62,883 during the ten years. This means that in total you have to repay USD 18,888 to borrow USD 120,000.

Small differences in interest rates can make a big difference

Small differences in interest rates can make a big difference

It is important to spend some time researching the market to find the best and cheapest offer. Even small differences in interest rates can make a huge difference in price, and you can save a lot of money comparing your offers. For example, we can start from the above example but increase the interest rate to only 11.0%.

This would give you an effective interest rate of 11.68% and total costs of as much as USD 78,532 – ie more than USD 15,000 more than before. It is therefore expensive to choose a loan with a high interest rate, and you can easily compare the different options by using our listings here on the site.

We have listings of where you can apply for loans of USD 100,000. and loans of USD 150,000. . At these companies, you will typically be able to apply for USD 120,000.

Remember to submit a free and free application to receive your personal offer and see all the necessary information about the loan.