Technology and Finances

Technology and Finances

Good Morning.

Recently we have been working on implementing a time tracking app at work. This will allow us to monitor all aspects of work. How much time we spend loading or unloading the trucks, driving time, planting trees etc etc. Clearly technology helps us a lot these days and I look forward to seeing where we will be in the future.

I think technology will be both good and bad. As we improve the use of robots will definitely become more mainstream, eliminating a lot of jobs. It will also create a whole new career going forward to maintain and develop them. Did you guess see that new google assistant demo? Crazy stuff! You honestly would have no idea the person on the line is not human…

Anyways this post is about Technology and Finances. I use various apps and tools to help improve our financial game. Here is a little bit about what I use.

Applications

I really don’t go onto the computer too much (I don’t have a laptop) except to work on the website and sometimes to analyze some stocks as its a bigger screen. Other than that though its basically all on my Samsung phone. These are the financial app’s I use.

RBC Mobile – This is my primary app. I bank with rbc so naturally this one is good for me. My boss is oldschool and we still get cheque’s weekly. The app makes depositing the cheques effortless. Take a pic of the front and back and enter the amount of money. Then deposit, hold onto the cheque for a week and then toss it. This is the main reason I use it and have never had a problem with it.

It also has a lot of data monitoring with it, called Nomi insights. Its actually pretty cool but also kinda scary how much it tracks. Basically keeps tracks of all your expenses and mentions you most likely will have a gas bill coming out next week etc etc. I don’t use Nomi much but do quickly scan through it once in awhile.

Seeking Alpha – This app is great for reading about various stocks. There are a tonne of contributors (myself included) and its a great place to have a conversation in the comment sections. I need to change my settings because the notifications are always going off which can get annoying…… haha that’s a easy fix though.

Podcast Addict – Basically a podcast app which you can subscribe to various podcasts in. This one is great. I love listening to podcasts at work or on the drive to or back to work. I basically listen to ChooseFi and The Dave Ramsey Podcast but if you got another that I should be listening to by all means let me know!

You tube – One of my most used Application’s. I love myself a motivation video to start the day. Its great to throw one on while you brush your teeth or eat your honey nut cheerios to begin the day off right.

Get Rich Or Die Smoking – I quit smoking some time …… last year or the year before? Anyways this app helped a lot. Honestly! You input what you normally smoke a day and how much a pack costs. It will then monitor how much money your saving and you can set financial goals to help you toward quitting smoking. I generally set 50.00 targets and when I hit that mark move 50 bucks from chequing into a investing account. I tell ya, it adds up quickly!

Unfortunately my old phone broke so I lost track but I have probably saved over $3000 which now works to help my future vs killing it. The app also has a chat room to talk with others who are quitting. There is also health stats based on how long you have quit for. I found this helped a lot. Ive knocked a lot out and am working to the 2 year mark – Lung Cancer risk reduced by 50%. Again I may be passed this because old phone broke but I forgot. Unfortunately I still have the odd smoke when drinking with friends, but its a huge improvement from my past. If you are smoker and would like a little help quitting try the app and give it a try.

Finale

Well that is all the App’s I currently am using at the moment. I know the American’s have Robin hood which maybe a cool app, but Canadian’s cant use it from what I understand. I also love myself a good online calculator and find myself always going to Math.com It is a great site for what I tend to figure out regularly.

Curious what are you using? Got any great app’s I’m missing and should look into? Any good podcasts you enjoy?

Have a fantastic day

Cheers

Rob

Hey I’m Rob, creator of Passive Canadian Income.

In 2011 me and my wife had almost $60,000 in debt and a negative $7,000 Net Worth. Through hard work and financial education we paid all that off. Now we are focusing on increasing our Passive Income Streams to make the money work for us. Feel Free to Follow along the Journey by clicking the Social Media links below or subscribing to get notified of new posts on the sidebar.