Times are tough. No matter how much you earn, you’d want to keep an eye on your finances. Fortunately, there are countless ways to do this. With the advancement in technology, you can easily keep tabs on your spending, investments, savings, and more, thanks to money management apps. Enjoy easy access to all financial information at the click of a button, anywhere across the world.
Given the many money management apps available, choosing the right one to help manage your finances can be somewhat difficult. Luckily, we’ve done all the hard work for you. We’ve scoured the web and app stores to find the most reliable personal finances apps for a guaranteed financial future.
This is perhaps the best money management app for your personal finances. Created by Intuit Inc, the company behind Turbo Tax and QuickBooks, Mint is an amazing app for keeping track of your finances. This multi-purpose app offers you easy access to your investment accounts, and it is great for creating a budget. No matter the number of credit cards, investments, and monthly bills, Mint helps connect it all. More so, it provides a detailed analysis of your finances, letting you see the lapses and how to fix. Another amazing feature of the app is that it lets you see your real-time credit score. The good news is that it is compatible with various devices and operating systems, including Web, iOS, Android, and Windows 8.
2. You Need a Budget (YNAB)
Looking for an app that helps keep track of your budget? YNAB is exactly what you might need. With this app, you can easily create a budget around your personal finances. If you’re one of those who hardly save money, YNAB is your go-to app. You don’t have to live beyond your budget. Every dollar in your budget will be accounted for. Save up for your dream vacation or monthly bills. Just as with many other personal finance apps, YNAB is designed to help you set financial goals and stick with it.
This is one of the best money management apps for not only keeping track of your personal expenses but also filling your professional expense reports. All you need do is to take a photo of your receipts and Wally does the rest. With less typing, Wally lets you know how you spend your money without dealing with paper. The best part is that the app supports nearly all foreign currencies. This app comes in handy if you are a seasoned business traveler.
This app is designed specifically for an entrepreneur who needs to know where their expenses are going for reimbursement or tax purpose. Some of the amazing features of Expensify include taking a picture of receipts, records business travels, and gives you easy access to files when needed for expense reporting.
Automating good financial behavior can be a herculean task for many entrepreneurs and business owners. Thankfully, the Acorns app is here to take away the stress. For every purchase you make with your card, Acorns takes your virtual change out of your account and automatically invests in a portfolio of low-cost exchange-traded funds (ETFs). The app also has a feature that helps with your shopping, called Found Money. Let all your virtual change start working for you seamlessly. If you would like to see a few hundred or even thousands of dollars, depending on how often you transact, in your investment account at the end of the year, Acorns is the go-to app.
Are you an avid spender who hardly saves? PocketGuard is the right money management app designed to help save regardless of your spending habit. Sync your accounts, and PockertGuard will help you keep track and provide a detailed analysis of your expenses. With the information available, you can easily create a budget that works for you.
Are you worried about spending an extra $100 on groceries? Do you think any additional expense will hurt your financial situation? If you have recurring bill and can’t remember when the next payment is due, Dollarbird can help you stay organized. All you need do is to create your budget in calendar form, and you will get real-time updates of your upcoming expenses. It allows you to see your projected balance, so you don’t go above your spend limit.
Do you wish for a personal finance assistant but can’t afford one? Well, you can get a digital personal finance app for less. Albert is the app that helps you create a budget even without your knowledge, after analyzing your income, expenses, and recurring bills. Get access to information about your finance and what you can do to improve it. In addition, the app helps you save and perform a thorough analysis of your recurring bills. The app sends you a notification when it seems you’ve paid more than the required amount. Running a free trial but don’t want to continue using the service? Albert alerts you when a free trial is about to expire so that you can cancel.
The envelope system of budgeting has been around since time immemorial. Each envelope with a specified amount has a specific spending purpose. This traditional method of budgeting has been modernized. Mvelopes now acts in the same fashion. The app helps you create cash-style budgeting that allows you to keep track of where your money is going. Set your monthly budget and let Mvelopes handle the rest.
10. Good Budget
This app works in the same fashion as the envelope system of budgeting. Like with other envelope-based systems of budgeting, you will have no more money to spend once you’ve used up the cash in an envelope. To continue spending, you may have to fund it or move money from a different envelope. That’s how the app works. Goodbudget is compatible with various devices. Plan your budget accordingly, and just the way you want it.
These are some of the top money management apps for budgeting, and a must have for every personal finance enthusiasts. Keeping track of your money is important for ensuring that you know where your money is going.