Wally – Seamless, Intuitive and Safe Money Management

Soon, there will come a time when physical money becomes completely obsolete. Slowly but surely, we are coming up with new payment methods and money management systems that are rendering credit and debit cards “old-fashioned,” while physical money in the form of bills and coins even now feels like a thing of the past. With the emergence of smartphones and tablet devices, along with e-banking and e-wallet services, personal finance apps have become the go-to money management solutions for 63% percent of smartphone users, according to Bankrate.com.

This is all due to several key aspects of mobile banking:

• Availability
• Convenience
• Ease of use
• Security
• Speed

As money management and e-wallet apps have reached the pinnacle of their popularity and success thus far, it is no surprise that there are now countless choices available out there, which means choosing the most reliable and user-friendly personal finance platform can be rather tricky. You need to take all aspects and features of an e-wallet app into consideration and you must make an informed decision on which one to opt for.

Much like it is the case with any other type of software, not all personal finance apps are made equal.

You will want to choose the one that will:

• make your financial management processes much simpler
• be customizable for your own needs and goals
• be safe, secure and reliable

Enter Wally.

Wally is a great personal finance platform that will help you better organize your money management processes, get a bird’s-eye view on all your monthly spendings, and even help you become more frugal with your budget. The app allows you to keep track of all your daily, weekly and/or monthly spendings and overall cash flow. Instead of doing your financial reports manually, Wally lets you input your expenses by taking a photo of your receipt, and even fills out the geolocation info for you. The app is a safe, clean, free, streamlined and extremely convenient way of having more tangible insight into what you are spending your money on.

How the Idea Behind Wally was Born

The team that made this project happen wanted to come up with an app-based tool that would make managing personal finances a breeze, and they wanted their app to be available to anyone. The idea was born when they realized people either used Excel sheets or some other similar software to manually manage their monthly budgets, while some even used the good old pen and paper. The fact is that these methods are quite time-consuming, and often turn out to be unreliable since the element of human error is always present.

There are simply too many moving parts here – credit/debit cards, cash income, savings, bills, expenses, debt – and we must admit that not all of us have the knack for doing all this accounting work properly (and that’s a bit of an understatement).

Here’s what team leaders at Wally had to say on this subject:

“Managing money is a highly important and highly personal issue for us at Wally. We’re a small team; some of us are single, some are married, and some of us have kids – but regardless of our situation, but we all face these issues. We’re real people with real problems. So we embarked on a mission to solve our problem and hopefully solve yours. And thus Wally was born.”

What Is Wally and What Makes it so Great?

Wally is an all-round personal finance managing app that features a simple and intuitive interface and is perfect for those who are looking for a user-friendly way to seamlessly and without much effort manage their personal budget. The app lets you have a constructive insight into:

• Where your money is going
• How much you are spending on certain services/items
• How much you are saving
• How much money you could be saving

With this 360-view on one’s overall budget and spending, Wally users have the opportunity to oversee the entire process and thus better understand where exactly their money goes and what they have budgeted, which can be a substantial advantage when it comes to achieving one’s financial goals.

Wally app is being downloaded thousands of times on a daily basis and the users have nothing but praise for this budget management tool as it helps them, not only see when, where, what and how much, but also understand the why behind their spendings.

To have a better grasp on why Wally is among the most popular e-wallet apps available out there, we’ve decided to go through some of the vital features and qualities this app has to offer:

• Privacy
  The team behind Wally has the utmost respect for the privacy of their users and they guarantee their personal information is safe and secure at all times.

• It works with all the currencies
  Wally covers all global currencies “from the American Dollar to the Congolese franc,” as they say.
  
  
• It is password secured
  Naturally, your account is protected via password so no one without it can access your information.

• It is free
  Wally is a free app so anyone can use it. They are working on adding a premium plan that will have some optional features like currency conversion and family management versions for users with children.

• Ads-free
  Even with the basic free pricing plan users are not bothered with the annoying ads.

• iOS and Android
  The app is available to both iPhone and Android users. They recently launched Wally+, an Android version that has all the features iPhone users have, and then some.

Wally app was rated number 3 on Investopedia’s list of 8 Best Personal Finance Apps of 2018. The folks over at Investopedia stated that Wally is “the best app for tracking expenses.”  

4 Ways a Personal Finance App Can Make your Life Easier

You get rid of late fees – With outdated money management methods, late fees are rather normal and frequent occurrence. With a personal finance app like Wally, on the other hand, you can keep track of all your monthly, quarterly, or yearly bills in real time.  

Customization – You can customize the spendings and reports so they correspond to your unique lifestyle

Financial goals are more plausible – Users are able to see where exactly they can trim their budget so meeting their financial goals becomes much easier a task
Overall convenience – With modern smartphones and tablets, your personal finance management app goes everywhere with you and the entire process is hassle-free.