Pretty soon, there could be an app for this, that and just about everything in between.
The number of active apps is expected to by the end of 2020—that’s about a 70 percent increase from 2016. Among the most popular apps are those that focus on personal finance. Apps such as Mvelopes and YNAB are helping take the mystery out of money management. Though nearly seven out of 10 millennials believe they have plenty of financial know-how, only 8 percent demonstrated as much during a survey from the National Endowment for Financial Education.