Until last year, I had "dumb money."
It came and went, often without telling me. When it sat in one place, it didn't do much. It wasted itself on trapeze classes, sushi, and subscriptions to magazines that went unread. Short of off-track betting, or picking up a very unattractive and pricey drug, things couldn't have gotten much worse. My money was not living up to its potential. And, sure, I'll admit that I wasn't doing much to help my money act any smarter.
Luckily, I'm not the only person whose money languishes because of, ahem, remedial management. In fact, so many people have "dumb money" that there are a plethora of free websites and mobile apps that have been created for this exact pecuniary problem.
If your underperforming money needs a kick in the right direction, turn your mobile device into a financial adviser, motivational coach, and investment guru with these apps. Because a penny saved is a penny earned, they're all free.
Motley Fool contributor Molly McCluskey holds no shares in any of the companies mentioned. You can follow her on Twitter at @MollyEMcCluskey.