The traditional economy depends on the customs and traditions prevailing in the society. Usually found in underdeveloped countries.
Budgeting software/personal finance software has been a popular way to track cash flow. Thus spending and savings habits. However, with the wide availability of budgeting software, it can be intimidating to sort through the many options.
Venmo is a mobile payment app available for iOS and Android. It allows for easy and quick money transfer between individuals. The best part is that it is free to use.