Broke and in Debt? These 5 Apps Can Rescue You

Let's face it – managing your finances when you're broke can feel like trying to juggle invisible oranges in a hurricane. But fear not, because the digital world has some tricks up its sleeve to help you navigate your way through the financial storm.


These apps won't magically make you rich, but they can certainly help you get a grip on your money and give debt a run for its money.

Here are five online apps that are like your trusty financial companions when you're feeling a little cash-poor:

  1. You Need a Budget (YNAB)

YNAB isn't just an app; it's your financial bestie. It's known for being user-friendly and comprehensive, which is great when you're counting every penny. YNAB helps you create a budget by assigning every dollar a specific job, even if it's just guarding against debt monsters under your bed. It also offers a debt payoff planner to help you make your grand escape from debt.

Visit YNAB

  1. Mint

Mint is like the chill friend who always reminds you to take a deep breath. It syncs with your bank accounts and credit cards, so you can track every cent, even if you're swimming in a sea of debt. Mint also brings some fun to the table with bill reminders, goal setting, and spending reports – it's like the cool kid of budgeting apps.

Update: Mint is shutting down and Intuit is referring it's customers to Credit Karma

  1. PocketGuard

PocketGuard is your financial wingman, especially when your wallet feels more like a moth sanctuary. It analyzes your spending habits and creates a budget that's as tight as your last pair of jeans. PocketGuard also offers a debt payoff planner and nifty tools to help you save on bills. It's like having a budgeting buddy who always knows where the cheapest coffee is.

Visit PocketGuard

  1. Debt Payoff Planner
Debt Payoff Planner

Debt Payoff Planner is the app equivalent of a superhero, swooping in to save the day. It helps you create a personalized debt payoff plan, even when your wallet is as empty as a library during a zombie apocalypse. With tactics like the debt snowball or avalanche, it's here to rescue you. And it throws in features like progress tracking and goal setting to keep you entertained on your debt-crushing journey.

Visit Debt Payoff Planner

  1. Qapital

Qapital turns saving money into a game, which is perfect when you're on a shoestring budget. Every time you use your card, it rounds up your purchases and throws the spare change into a savings account. It's like a savings party happening in the background, even when you're not looking. Plus, you can set up scheduled transfers for specific goals, like saving for that elusive unicorn or paying off debt.

Visit Qaptial

How to Make These Apps Your Financial Allies

Now that you've got your financial posse, here's how to make them work for you, even on a tight budget:

  • Face the Broke Reality: Get real about your spending habits, no matter how painful. Track your expenses for a month or two to see where your money is hiding.

  • Craft a Budget That's Tighter Than Your Favorite Jeans: With your newfound knowledge, create a budget that's as snug as a bear hug. Include every dime of income and every crumb of expense, including those pesky debt payments.

  • Automate, Even If It's Just Spare Change: Automate your finances to make it easier. Set up automatic transfers from your checking account to your savings and debt accounts. Every little bit helps, even if it's just crumbs from the budgeting table.

  • Roll with the Financial Punches: Your budget isn't set in stone. Review it regularly and adjust as needed to keep up with your ever-changing financial acrobatics.

In Conclusion (Cue the Dramatic Music)

These apps may not turn you into a financial wizard overnight, but they sure can help you wrangle your finances and give debt a run for its money, even when you're on a shoestring budget. So, download your chosen app, put on your financial wizard hat, and let the journey to financial stability begin – with a chuckle or two along the way!