With one keystroke, we can now connect with seemingly unlimited information sources through our apps, but parsing through those sites and separating real knowledge from the distraction of background static of white noise is not easy.
With over 1.6 million downloadable apps from the Apple store alone, it is safe to say that there is an app designed to fill in every corner of your life.
Do you want to measure the exact chemical breakdown of your perspiration on any given day? Got it.
Do you want to track your pulse rate and calorie expended during your last aerobic workout? No problem. In fact, one fitness app tells you when to drink water AND when to invest in newer foot gear.
There is even an app that randomly pulls frames from your posts through multiple social media sites and flashes on your screen to remind you how happy you were in times past. Disclaimer here – you must have actually lived the experiences and posted the snapshot to your friends in order to be able to relive such happy moments. Unfortunately, the algorithm to turn a sad post into a happy one does not exist yet.
In the financial space, you will find an even more intimidating range of apps that promise to track spending, create budgets, design investment plans, trace every dollar on its way in and out of multiple accounts in real time, and ply us with superior money management tips to keep us out of harm’s way.
With so much information at our fingertips, why is it still so difficult to make good financial decisions? Perhaps, sheer weight of information has become the problem.
Bank On Montgomery County (BOMC) brings together non-profit organizations and financial institutions with knowledgeable staff that will connect you with those banking products and financial education classes tailored to your family needs. Do you need to open a bank account or start a savings plan? Are you dealing with student debt or a disappearing retirement account? Are you looking for an affordable mortgage and perhaps are eligible for one of the many down payment assistance programs to finance your first home? Our BOMC partners across the county are here to provide you the map and tools to reach your financial goals.
Katy Thorstenberg, Home of Your Own Program, Easter Seals Greater Houston