Bobby Jain: Can Mobile Devices Monitor Financial Stability?

by Rebecca Mills

To say that smartphones are useful these days would be nothing short of an understatement. Keep in mind that smartphones are able to carry out a number of different actions, meaning that they are along the lines of palm-sized computers. Financial matters are included and Bobby Jain will not be able to say differently. However, you may not understand the specifics associated with the financial help that many of these apps are able to bring.

USA Today posted an article that detailed how many smartphone owners are using the devices in question to see how they are doing financially. According to a Federal Reserve study, it seems as though half of Americans who use smartphones make use of these devices to see the activity regarding their bank accounts. What this means is that it is easier for them to see their accounts following large purchases. Wouldn\'t you want to see where you stand after buying gifts for the December holidays?

Every month or so, a bank statement arrives in your mailbox. You will look at the various details associated with the bank statement in question and while it\'s useful, without question, it can be argued that smartphone apps are more effective. Keep in mind that you do not have to wait every single month in order to gain information with apps; all you have to do is log in and you are set. Yes, physical statements have their own levels of usefulness but they aren\'t nearly as accessible as digital methods.

Seeing as how Bobby Jain, and others, support these sorts of apps, it\'s important to note that bank monitoring is not the only incentive to having them. In fact, you can be certain that authorities the likes of Jain can tell you about how they are able to help in regards to goal-setting and achievement. It\'s also worth noting that, depending on their functionality, they can help to track checks you have written and sent out. With ideas like these, the usefulness of financial apps cannot be argued.

Mobile devices are quite popular, to put it mildly, and they are only going to get more popular with time. They are able to fulfill a number of purposes and they aren\'t even limited to finances, either. Needs and desires like food and entertainment can be fulfilled with the appropriate apps set in place. The idea of assessing and managing one\'s finances, for many, can prove to be a challenge. This doesn\'t mean that there aren\'t simpler ways to approach finance, in general, and smartphones are at the forefront in that respect.

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