While a lot of people complain about the cost of the latest iPhone devices, the truth is that you'll use them so much that you'll get an insanely positive dollar-hour ratio. In fact, we would argue that there are not a lot of devices or items in your household that will yield a better dollar value. 

Still, there are even more ways to observe the value of your phone more favorably. There are a few apps that will end up saving you a small fortune if you download and use them right. Here are seven such apps you should consider downloading today.

1. Personal accounting software

Your personal finances are more complex than you think. Sure, you don't have that many invoices per month, and all your major expenses are few and easy to remember, but the truth is that, when it comes to tracking your expenses, you're in much bigger trouble than you think. 

Then, there's the issue of taxes, which a lot of people find to be quite intimidating. With the right software on your side, you'll have a much easier chance of handling this and a much lower chance of getting something wrong. 

According to tech expert Rhiannon Stone from Techopedia, the big problem with picking the right accounting software is that you should have different criteria for enterprise and home use. So, take your time and think wisely before committing to any of the best home accounting software apps over others. 

Modern problems require modern solutions. This means that you shouldn't try to do what you can do manually via an app. Even if you have to pay for it, at least you have an ROI now.

2. Couponing app

Coupons can completely change the value ratio of your purchase and leave you paying a lot less than you otherwise would. This directly saves you money because it gives you discounts on items that you would have bought either way.

Moreover, they can make bulk-buying more cost-effective, which is a double benefit that you're not even aware of. 

The only reason why more people weren't couponing before was really due to the fact that it was time-consuming and required an incredible commitment. Well, with a couponing app, this is much easier. It's like the difference between navigating using stars and using GPS for the task. 

3. Discount alert app

This is one of the most important app types you need. Generally speaking, regardless of whether you're someone running their own household or just a student looking to make it until the next month, you could definitely use a discount alert app.

The best use of this app is for you to set up the items from your shopping list, set aside a small budget, and wait for the alert. The problem lies when you try to use it to shop actively, seeing as how there might not be a discount at the moment, but if you have a certain amount of money aside dedicated to this one purpose, it shouldn't be that hard to save a substantial amount of money.  

The main reason why this may be more applicable than you think is because there's always a discount somewhere, and if you use the app, you'll be able to find out about it rather quickly. Just installing it and checking it out every once in a while can make all the difference. 

4. Gas price app

For people who regularly commute to work, this can be a lifesaver. After all, an average American spends between $150 to $200 on gas every single month. This means that while there are a lot of free gas price apps out there, even paying for it would be worth your while.

Even if you're carpooling, you can download this app and save everyone money, or you can pocket the excess. After all, you're the one driving, and you're the one undergoing the effort (potentially even paying a subscription to the app), so why wouldn't you profit slightly? If you're not a driver, why not save everyone money and get into their good graces? 

Keep in mind that gas prices are going just one way: up. The sooner you download, the sooner you get to reap the benefits, but with the current state of inflation and an imminent energy crisis looming, this might soon be non-negotiable. 

5. Cashback apps

Some retailers try to incentivize their customers to come back by offering them a part of the money back in the form of cash rewards. 

Some of these rewards are for in-store purchases, which means that you can get a bit of money back when buying groceries. The reason why this is so great is because it will feel like you're making money out of thin air. The point is that you're doing something you have to do either way (it's like if someone paid you to walk or breathe). Even if the amount you get back is minuscule - it's still free money. 

You can also link up your card with these apps and get some monetary rewards when making online purchases. You would be surprised at how quickly this would amount to a significant figure. The thing is that you make a lot of these small digital purchases… more than you think.

6. Bill negotiating apps

Most bills can be negotiated; the problem is that you cannot do it as an individual user. Instead, you can download an app and have a major company with its own financial department and legal team do this on your own. These companies have more leverage and a much higher chance of success when trying to negotiate for your bills to get lowered. 

The most interesting thing about this is the fact that a lot ofp people never even think about this as a possibility. They just assume that because something is billed to them for a particular amount, they're supposed to pay it and never ask any questions.

Sure, in the past, this was quite difficult to achieve from a bureaucratic standpoint, but today, all you have to do is download an app and have someone else take care of it.

7. Spending analysis app

While you can get this with personal accounting software or a budgeting app, a specialized analysis tool can provide you with so much value. First of all, it tells you exactly how much you're spending on each of the categories and then makes suggestions on how you can save money.

This is literally a digital version of a personal financial advisor. It will telly you about seasonal discounts, cheaper alternatives, or just recommend a restraint in some scenarios. This way, you'll have a much easier job of leading a neater financial life.

Keep in mind that you're spending money every day (probably just before you read this article, and you'll continue when you're done). In other words, there's no waiting, and the best time to download it is now.

What you use your iPhone for is up to you

In your pocket, there's a computer that's more powerful than the one that took first humans to the moon. Via the internet, it's connected to the hub containing the collective knowledge of the entire human species. You just need to start using it the right way and there's no better place than taking a better control over your own finances.