Dr. Wang Offers Perspective on Budgeting App Missteps and Must-Have Tools

Dr. Yunsen Wang, an Assistant Professor in the Accounting and Finance Department, provided his perspective on the best budget apps in a recent Wallet Hub article.

According to Dr. Wang, the best apps offer timely and accurate tracking, automation and AI features, and strong security. However, users often make mistakes like losing track of spending or confusing cash flow with accrual accounting. The most effective apps are simple, intuitive, and include automatic expense tracking.