Build Wealth with Your Phone: The Best Money Apps to Download Now – Black Enterprise

Wealth building can be simple and easy, especially when it’s at your fingertips.

Grow your personal finance muscle with these Black-owned apps and tools designed for Black families. From financial education and investing to online banking, these digital platforms are available on Google Play and the App Store.

Financial Literacy Apps

“Achieve financial freedom faster” with Qoins

Co-founders Christian Zimmerman and Nate Washington Jr. launched Qoins to provide a solution for tackling debt and building healthy financial habits.

How it works: Set a goal, choose your transfer method, track progress, and erase debt. The app uses automation technology to turn small transfers throughout the month into one big monthly contribution towards your debt or savings goals.

Highlight Feature: The Qoins Visa debit card is designed to help you pay down debt or add to your savings. It comes with a Qash-back Rewards program, a 10% cash-back on roundups, and a $50 direct deposit bonus.

Cost: Free app download. For $4.99 a month, the company offers an array of benefits, including easy automation technology and cash back towards debt or savings goals with the Qoins Card. You can receive all benefits and save $10/year if you opt to pay $49.99/year.

“Many ways to get financially fit” with Goalsetter

Former Nickelodeon executive and Goalsetter founder Tanya Van Court created her financial literacy platform with the goal of closing the wealth gap between Black and brown families in America, and educate Black youth across the country.

How it works: Sign up and start saving right away with automatic deposits, swipes, and round ups. Goalsetter also provides rules to set up allowances and gold-clients have access to investment education into stocks and ETFs to help them manage portfolios.

Highlight feature: A smart debit card that allows kids from 8 to 18 learn how to budget proactively and spend responsibly.

Cost: Free app download. Plans start at $3.95/month which includes financial quizzes and debit cards for kids and teens. The gold plan offers more benefits for $5.95/month.

“Financial wellness for Black men” with Breaux Capital

HBCU grads and Breaux Capital co-founders Ras Asan, Brian L. Williams, and Derrius Quarles are shifting the culture of financial health for Black millennials across the globe.

How it works: Apply …….