20 Best Easy Ways to Manage Money

Managing money can feel like a big task, but it doesn't have to be. With 2025 just around the corner, there are some super simple ways to get a handle on your finances.

Whether you're tech-savvy or prefer old-school methods, there's something for everyone. From apps that help you budget to tools that track your spending, managing your money better has never been easier.

Let's dive into the 20 best easy ways to keep your finances in check this year.

Key Takeaways

Budgeting apps can simplify tracking your income and expenses.

High-interest savings accounts help grow your savings with minimal effort.

Expense tracking tools provide insights into your spending patterns.

Automated savings plans make saving money a no-brainer.

Investment platforms offer easy access to grow your wealth.

1. Budgeting Apps

Managing your money doesn't have to be a headache. With the rise of top budgeting apps for 2025, keeping track of your finances is now simpler than ever. Whether you're looking to save for a big purchase or just want to make sure you're not overspending, these apps have got you covered.

Budgeting apps have revolutionized how we handle our money, making it easier to see where every dollar goes.

Why use a budgeting app? Well, they help you get a clear picture of your spending habits. You can set limits, track expenses, and even get reminders about upcoming bills. It's like having a personal accountant in your pocket.

Here's a quick rundown of some popular budgeting apps:

YNAB (You Need a Budget): Great for zero-based budgeting, ensuring every dollar is accounted for.

Goodbudget: Perfect for envelope budgeting, helping you allocate funds to different spending categories.

EveryDollar: Offers a straightforward approach to zero-based budgeting.

For those who want a more detailed look, NerdWallet assessed top budgeting apps, highlighting features that can help you reach your financial goals. Whether it's account connectivity or expense categorization, there's an app tailored to your needs.

If you're curious about more options, check out the best personal finance services that include Simplifi, Quicken Classic, and more. Each app offers unique features, so it's worth exploring them to find the best fit for your lifestyle.

In 2025, budgeting apps are not just tools—they're essential companions in achieving financial peace of mind. So why wait? Dive into the world of budgeting apps and take control of your financial future today.

2. High-Interest Savings Accounts

Looking to stash away some cash and earn a decent return without the risk? High-interest savings accounts might just be your new best friend. These accounts are a step up from your regular savings account, offering a significantly higher annual percentage yield (APY). Imagine your money working harder for you, just by sitting there.

Why Choose High-Interest Savings?

Better Returns: Traditional savings accounts are offering a measly 0.42% APY. In contrast, high-yield savings accounts can offer rates as high as 4.75%, which is a whopping 1,030% increase! That's some serious growth potential.

Security: Your funds are insured, usually by the FDIC, up to $250,000. This means your money is safe while it grows.

Flexibility: Unlike CDs, you can access your money anytime without penalties.

Top Picks for 2025

Openbank is leading the pack with an impressive 4.75% APY. All you need is a minimum deposit of $500 to get started.

American Express® High Yield Savings is offering a competitive 3.80% APY.

SoFi Checking and Savings provides a solid option with rates up to 4.00%.

Tips to Maximize Your Savings

Shop Around: Don't settle for the first offer you see. Compare different banks and their promotional rates.

Watch for Fees: Some accounts might have maintenance fees that can eat into your earnings.

Stay Informed: Rates can change, so keep an eye on the market to ensure you're getting the best deal.

High-interest savings accounts are a no-brainer for anyone looking to grow their savings without the hassle of complex investments. It's like giving your money a little extra muscle, without lifting a finger.

To really maximize your savings returns this year, consider these accounts and keep an eye out for promotional offers that can push your APY up to 5%. It's a simple, effective way to boost your financial health in 2025.

3. Expense Tracking Tools

20 Best Easy Ways to Manage Money Better in 2025

Managing where your money goes is the first step to taking control of your finances. Expense tracking tools make it simpler than ever to know exactly what you're spending and where. These tools come in all shapes and sizes, from apps to spreadsheets, each offering unique features to suit different needs.

Mobile Apps: Many people find using apps like Expensify super convenient. This app lets you manage receipts and expenses right from your phone, with up to 25 SmartScans a month for free.

Spreadsheets: If you prefer a more hands-on approach, check out these expense tracker templates. They help you plan for the future and optimize cash flow using flexible spreadsheets.

Software Solutions: For businesses, tools like ProcureDesk offer comprehensive spend management features. It's great for keeping an eye on purchase orders and invoices.

Keeping track of your expenses doesn't have to be a chore. With the right tools, you can make it a part of your routine, helping you to save money and make informed financial decisions.

Key Features to Look For

Ease of Use: Look for tools that are user-friendly and intuitive, like FreshBooks, which is perfect for small business owners.

Customization: Choose tools that allow you to tailor categories and reports to fit your unique spending habits.

Integration: Opt for tools that can easily integrate with your bank accounts and other financial apps to streamline the tracking process.

With the help of these tools, understanding your spending habits can become second nature. Whether you're a fan of apps or prefer the traditional spreadsheet, there's an option out there that can help you manage your money better.

4. Automated Savings Plans

Automated savings plans are like setting your finances on autopilot. They let you save money without even thinking about it. This simple strategy can make a big difference in your financial life. You can set up automatic transfers from your checking account to your savings account, ensuring that a portion of your income is saved before you even have a chance to spend it. This approach is a great way to build up your savings over time, and it helps you stay disciplined with your money.

Scheduled Transfers: Set up regular transfers from your checking to your savings account. This can be weekly, bi-weekly, or monthly, depending on your preference.

Round-Up Savings: Some banks offer programs that round up your purchases to the nearest dollar and deposit the difference into your savings account. It's a small change that adds up over time.

Savings Apps: Use apps that automate your savings. They can help you save a little bit each day or week without you even noticing.

Automating your savings is like giving your future self a gift. It's about making saving a priority, not an afterthought. When you automate, you remove the temptation to spend that money on something else. It's a smart move for anyone looking to boost their financial health.

For those looking to automate savings, it's a handy way to shift money from your checking to savings without any hassle. You can also automate your savings by rounding up purchases, which can be a fun and easy way to save. Additionally, consider exploring top automatic savings apps like Chime or Acorns to make saving and investing a breeze. Prioritizing financial health by automating savings ensures you save before spending, keeping your savings on track. Lastly, with savings rates dropping, it's smart to enhance your savings with automated deposits to make the most of your money.

5. Investment Platforms

Investment platforms are like your financial toolkit, offering a variety of ways to grow your money. Whether you're a beginner or a seasoned investor, these platforms can make managing investments easier and more efficient.

Choosing the Right Platform

Picking the right investment platform can feel overwhelming, but it doesn't have to be. Think about what you need: Are you looking for something user-friendly, or do you want advanced features? For beginners, SoFi Invest® is great because it combines savings and investments in one place.

Types of Investment Platforms

Robo-Advisors: Perfect if you want a hands-off approach. They use algorithms to manage your portfolio.

Self-Directed Trading: If you're confident in your skills, platforms like Self-Directed Trading offer commission-free trading on stocks and ETFs.

Traditional Brokers: For those who prefer guidance, top brokers like Fidelity and Charles Schwab provide comprehensive services.

Features to Consider

When selecting an investment platform, consider these features:

Ease of Use: Is the platform intuitive?

Fees: Look out for hidden charges. Some platforms, like SoFi Invest, offer commission-free trades.

Investment Options: Ensure the platform supports the assets you want to trade.

"Investment platforms today are designed to make your financial life easier. They offer tools and resources that were once only available to professionals."

Getting Started

Once you've picked a platform, it's time to start investing. Many platforms, like Fidelity, allow you to begin with just a small amount. It's all about taking that first step and gradually building your portfolio.

6. Financial Literacy Courses

Financial literacy courses are a game-changer for anyone looking to get a grip on their finances. With the right course, you can learn everything from budgeting to investing without feeling overwhelmed.

Why Take a Financial Literacy Course?

Boost Your Confidence: Understanding money basics can make you feel more in control of your financial life.

Learn at Your Own Pace: Many courses are flexible, letting you study when it suits you.

Real-Life Applications: Courses often use real-world examples, making it easier to apply what you learn.

Financial literacy isn't just about managing money; it's about gaining the skills to make informed decisions that can shape your future.

What to Look for in a Course

Comprehensive Content: Ensure the course covers a range of topics like budgeting, saving, and investing.

Qualified Instructors: Check that the teachers have real-world experience and credentials.

Interactive Elements: Look for courses with quizzes, assignments, or discussions to enhance learning.

Recommended Courses in 2025

The Financial Literacy Series Workshops offer sessions on essential topics like Business Finance Basics, happening in January 2025.

Explore four essential financial literacy tools such as FDIC Money Smart and AARP Money to kickstart your learning.

Consider enrolling in a course that teaches investing and money-saving techniques to help you control your financial future.

Oregon Community Credit Union is hosting classes focusing on essential skills for teens and adults throughout 2025.

Taking the time to enroll in a financial literacy course can be one of the best investments you make in yourself. It’s not just about learning to save money—it's about gaining the confidence to make smarter financial choices.

7. Credit Monitoring Services

Keeping an eye on your credit is a smart move in 2025. Credit monitoring services help you track your credit score, alert you to any changes, and protect against identity theft. These services are like a watchdog for your financial health, letting you know if something's off.

Why Use Credit Monitoring Services?

Early Detection: Spot unusual activity before it becomes a problem. If someone tries to open a credit card in your name, you'll know about it.

Score Tracking: Regular updates on your credit score can help you understand how your financial actions impact your creditworthiness.

Identity Theft Protection: Some services, like top identity theft protection software, offer additional features like credit freezing and monthly credit scores to safeguard your personal information.

Top Credit Monitoring Services

When choosing a service, consider ones that have been recommended as top choices by experts. Services like Credit Karma, Experian, and Aura have been highlighted for their effectiveness.

How to Choose the Right Service

Cost: Decide if you want a free service or if you're willing to pay for additional features.

Features: Look for services that offer alerts, score updates, and identity theft protection.

Ease of Use: Choose a service with a user-friendly interface.

Keeping your credit in check doesn't have to be hard. With the right tools, you can manage your credit health easily and with confidence.

For families, Aura is a top pick due to its comprehensive protection features. Whether you're looking for something simple or more robust, there's a service out there for you.

8. Debt Repayment Calculators

Debt repayment calculators are like your personal finance assistant, helping you figure out how long it'll take to clear those debts. They're super handy, especially when you're juggling multiple loans or credit cards. These tools can really help you stay on top of your financial game.

Let's break it down:

Input Your Details: Start by plugging in the amount you owe, the interest rate, and how much you can pay each month. This gives you a clear picture of your repayment journey.

Choose Your Strategy: Whether you're going for the debt snowball method or just want to make minimum payments, these calculators can show you the way.

See the Timeline: Find out exactly how long it will take to be debt-free. This can be a real eye-opener and a motivator!

"Seeing your debt repayment timeline can be the wake-up call you need to start making changes."

Why Use a Debt Repayment Calculator?

Clarity on Payments: Know exactly how much you're paying in interest and principal.

Plan Ahead: Adjust your payments to fit your budget and see how it affects your payoff time.

Stay Motivated: Watching your debt decrease over time can keep you motivated to stick to your plan.

For example, the Debt Repayment Calculator can show you how long it will take to pay off your credit card debt by choosing options like minimum payments or a fixed amount.

And if you're considering a loan, tools like LendingTree's personal loan payment calculator can help you estimate the total cost, including both principal and interest.

In short, debt repayment calculators are a must-have tool for anyone serious about getting out of debt. They take the guesswork out of the equation and give you a clear path forward. So, why not give one a try and see how it can help you manage your money better in 2025?

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