Top Tech Tools for Managing Money – Herman & Company CPA’s

We at The DAE are always looking for innovative ways to use technology! Today’s guest blog is brought to you by Paul Herman of Herman & Company CPA’s, P.C., a full-service accounting firm in White Plains.

It’s no secret: Taking control of your personal finances and managing your money is the key to a long life of financial success. It’s also no secret that sometimes we don’t even have enough time to eat breakfast, let alone face the daunting task of looking at our “financial snapshot” on a regular basis. Luckily, technology has once again proven itself to making our lives just a little bit easier with these handy mobile apps that can help you become a personal finance wizard in just a matter of minutes.

  1. Named “Best Finance App” by the 1st Annual App Awards and TIME Magazine’s “50 Best iPhone Apps of 2011,” it’s safe to say this app is a must-have on your smartphone. Mint gives you a clear breakdown of exactly where your finances are going each month by category, allows you to set budgets, alerts you when you exceed your budget and shows you how much money you have at any given time. While discovering you have a $100-a-month iced coffee habit is not pleasant, stashing that money into a vacation savings fund sure is.
  2. Check. An app that alerts you when a bill is due? We’ll take it! Check monitors your bank accounts, credit cards and bills, and sends you alerts when your funds are low or you have a payment coming up. Never having to worry about overdraft fees or overdue bills again makes this app a winner!
  3. Expensify. This app keeps track of all your expenses, letting nothing slip through the cracks. From your bank accounts to car mileage to receipts to travel details, Expensify is your one-stop shop for keeping a detailed account of everything having to do with your money. And, as an added bonus, you don’t even need to be online to use it.
  4. DailyCost. Even more detailed than Mint, DailyCost keeps track of your purchases in specific categories such as “Coffee,” “Snacks” and “Breakfast.” In addition, it also has a graph feature that shows you an analysis of your weekly and monthly spending. Every little expense adds up, and DailyCost is your tool to showing you by exactly how much.

While we all wish we had more hours in the day to accomplish our daily tasks, these money-management apps might just be the next best thing. Keeping track of your finances while on the go means less stress, more time and (we hope) eventually more money in your pocket.


Paul Herman is the founder and owner of Herman & Company CPA’s, P.C., a full-service accounting firm located in White Plains.  Herman & Company is dedicated to providing clients with a wide range of professional, personalized tax and financial services including tax planning and preparation, accounting services, financial services, financial retirement and planning services, estate planning and bookkeeping services. Contact Herman & Company CPA’s for a complimentary personal finance consultation.


One thought on “Top Tech Tools for Managing Money – Herman & Company CPA’s

  1. […] our favorite tech tools for making money management a breeze in our guest blog with the Digital Arts Experience, a unique, creative learning hub in Westchester committed to the […]

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