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These Money Management Apps act as your Personal Finance Manager and help you identify areas wherein your expenses can be reduced and also advice you on best investment options which will yield the maximum returns. There are more Money Management Apps for Android Phones as compared to iOS Phones and the features offered by theses Apps for Android Users are also much better as compared to the features offered for iOS Phones. There are several Money Management Apps which automatically track all your Incomes and Expenses as well as your Investments and give you financial advice. This is where your smart phone will come handy and help you in better money management. But who has the time to track the Incomes and Expenses? In this era of ever increasing expenses, it is not only important for everyone to keep a track of all the incomes and expenses but also keep a track of all the Investments which will help in better Money Management.
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It is a proven fact that a person ends up spending more if he uses Credit/ Debit Cards as compared to expenses made using Cash. And with increasing use of plastic money – our spending habits have increased. Whether you are salaried or self employed or in Business, we all know that earning money is difficult whereas spending money is easy.
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