Americans are relying on technology to help with their personal finance needs, but most (60%) use it to simplify and automate financial tasks such as banking and bill payment, according to a recent survey conducted by Northwestern Mutual's financial literacy website, TheMint.org.   

Among those using technology for daily finances, Millennials lead the way, with 62% using online banking or automated bill payment, versus 60% of Generation X and less than half (37%) of those aged 60 or older.

"Technology is helping Americans get a better handle on their day-to-day finances, especially when it comes to routine tasks such as banking and bill payment," says Angela DiCastri , director at Northwestern Mutual. "It also provides exciting opportunities for individuals to learn the basic foundations and best practices for personal financial planning."

In other findings:

• The use of personal finance software is highest among those age 60 or older (12%) versus 2% or less for the other age groups.
• Among individuals who use technology for money-related tasks, 40% use it on a daily basis and 41% use it at least once a week.

"Since April is Financial Literacy Month, we want to remind people to be hands on with their finances and use various tools and resources to learn more," says DiCastri.