Top Toshl Alternatives

Good financial management is an important step toward financial security and stability. While traditional pen and paper-based techniques used to be a tedious process involving lots of calculations and paperwork, technology has eased up the task a little bit. However, still, now it is rare to find an application that can actually be used for all types of financial and budgeting tasks at once. Toshl is one of those rare apps that can do that. It either has to be connected to all the financial channels available to the user, or the user can enter expenses directly into the application. The platform is available in an online form for computers and in an application form for mobile devices, which means that the user can plan their finances anywhere, anytime. 

Secure and direct financial management through bank linking

Toshl can be used after linking with the user’s desired banks for convenient and quick management. This link is fully secured with only the cutting-edge algorithms, with 2-factor authentication methods for the client’s security. Additionally, the links are configured by Toshl partners Plaid and Salt Edge, which ensures reliability. Coming to its capabilities after linking, it can automatically identify various types of transactions, break them into smaller parts if required and tabulate the results under different labels. This helps the user in understanding their expenses and then formulate a powerful plan that prioritizes saving without compromising on their leisurely activities.   

Setting budgets and managing savings for a better present and future

Budgeting is the planning part of financial management, which when done right can result in lots of savings. With Toshl, users can get the necessary insights that they need to cut extra, unnecessary costs and get a hold of their spending habits. Users may set a budget over a specified time period based on this information. This may either be a single large budget, or several topic-wise budgets. Also, users can closely monitor their spending habits matching it with their budgets to manage their finances accurately.