This finance coach for the millennial generation uses easily accessible emojis, graphs and visual content to help young people manage their money. The Penny app lets you track your money, bills, savings and spending habits. The mobile application also employs a chat-based model, further appealing to this smartphone-addicted demographic.
The free money management app sends you "beautifully tailored charts and insights," making budgeting simpler to understand and enabling you to monitor finances and in real time. The personal finance coach categorizes your transactions under four simple headings, allows you to compare monthly reports, offers expenditure break-downs and more. As well, Penny is safe and secure to use, with bank-level security. The comprehensive budget solution has many features banking apps could incorporate into their existing systems.