Virtual wallets that will help you with your personal finances

Virtual wallets that will help you with your personal finances

Sitting down one afternoon to create a budget and control your finances is not a pleasant task, but there is no escape. We all definitely need to do it. Fortunately, there are a lot of apps out there that that are able to help us with that. After getting into these helpful virtual wallets, learn how to start organizing your personal finances towards the future: don't buy what you don't need!

If you are tired of living in a paycheck-to-paycheck cycle or you need some help organizing your finances, you can always turn to technology for a little extra help. Here are five great virtual wallets that will help you manage your finances:

1. Acorns

Acorns will help you control all your accounts from one place. You can start investing your money, and the starting point is as little as $5. Among its many features, you can find an automatic contribution option, a customized portfolio that matches your exact needs and very low management fees, ranging from $1-$2 per month. 

2. Albert

Albert will dramatically improve your budgeting technic. If you tend to calculate your budget by subtracting your expenses to your income, this is probably the best app for you. It will help you detect any overpayment you’re currently making and it will also detect any saving opportunity. And it’s free!

3. Prism

You will never again miss another bill with Prism. This app will help you stay on top of your money by giving you a full picture based on your income and all your bills. They will sync your account balances and bills and from there, you can make every payment and keep track of all the due dates.

4. Mvelopes  

The good old envelope method reimagined. With this app, you can create budgets and set saving goals. It will allow you to connect multiple bank accounts and create real-time budgets with automatic transaction syncing. You can select to pay a low $4 monthly fee or $40 annually.

Take control of your finances. Use all the means available to stay on budget and learn how to manage your money. Build better money habits and improve your spending and savings!


Most people have stuff laying around the house that hasn’t been used in years. Clothes, toys, even home appliances that someone bought at some point but were never paid much attention. All the money you’ve spent on things like these could’ve been saved or used to purchase more meaningful items, which is why it’s necessary to avoid making these mistakes again!

The key to stopping buying everything that “looks nice” or “will surely be useful” is to learn the difference between what you want and what you need. Clearly, you should prioritize your needs, which are different for everyone but usually include basic stuff like food, hygiene products, and car or home repairs.

You can still save money when purchasing what you need! Here are some tricks to stay on a budget while grocery shopping. Another classic way to stay under your budget is to separate the money you’ve destined to fixed expenses, such as grocery shopping or mortgage payments, and tuck it away to avoid temptations. This can be easily done with a Cash Envelope Wallet!

Of course, life isn’t all about your survival needs. There’s nothing wrong with spending some money to get something you want, as long as you’re sure you really want it and you won’t regret having spent your savings on it. You may not realize it, but there are a lot of times when you buy stuff that you won’t use even though you sincerely believed that your life would be better with it.

One reason for it is that you’re a victim of a brand’s marketing campaigns. In essence, getting people to buy your products is possible if you convince them that they’ll have a big, positive impact on their lives. This is what brands do: they make you believe you’ll enjoy a product or service so you’ll buy it. Sometimes, the excitement wears off before getting home, so it’s always good advice to take your time before making a purchase. Do you really want it? If the answer’s still “yes” after a few days, you can be sure you’ll make good use of what you’ll buy.

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