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PocketSmith is based out of New Zealand and is one of the more robust financial apps on the market.
PocketSmith offers the ability to connect to more than 12,000 financial accounts across the globe.
you might automatically import balances and transactions.
Key Features
PocketSmith offers quite a lot.
Its one of the most data-intensive financial apps around.
Transactions are automatically imported in real-time and automatically categorize your spending.
There is also a built-in search engine that lets you quickly find any transaction in seconds.
Plus, as transactions come in, you could annotate and create custom notes for each.
This further lets you customize how youtrack your finances.
Multi-currency support is automatic.
All youd need to do is simply connect a bank account and PocketSmith will detect the currency being used.
This is a very helpful feature for anyone that travels internationally or nomads that live in multiple countries.
you might quickly view your transactions, make notes on your transactions and receive alerts on your spending.
Forecast the Future
PocketSmiths most powerful features are the forecasting ones.
Detailed Reporting
PocketSmith offers detailed reportsfrom spending tocash flowplanning to net worth tracking.
Plus, it’s possible for you to seecategory spending reports and account balance reportsover time.
YNABis less expensive than PocketSmith and is hyper-focused on the day-to-day of budgeting.
YNAB is $109 per year or $14.99 per month.
Empower is free, but also has financial services available to select clients for a fee.
Empower also haspowerful investing analysis tools, including the fee analyzer and retirement planner.
There are three paid plans to choose from, each with different options available.
Final Take
PocketSmith is arobust financial appthat offers more than just budgeting.
It really stands out with its future predictions and ability to create what-if scenarios.
Plus it supports 49 international currencies for true global support.
If you want a data-rich financial app for planning out your financial future, PocketSmith may fit the bill.
But the cost to fully utilize the app is higher than most other apps on the market.
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